FDX vs. VOO
FDX (FedEx Corporation) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, FDX returned 10.75%/yr vs 14.99%/yr for VOO. Their 0.60 correlation means they have sometimes moved together and sometimes differently.
Performance
FDX vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, FDX achieves a 33.60% return, which is significantly higher than VOO's 9.38% return. Over the past 10 years, FDX has underperformed VOO with an annualized return of 10.75%, while VOO has yielded a comparatively higher 14.99% annualized return.
FDX
- 1D
- -0.02%
- 1M
- -1.46%
- 6M
- 20.62%
- YTD
- 33.60%
- 1Y
- 74.38%
- 3Y*
- 14.67%
- 5Y*
- 8.59%
- 10Y*
- 10.75%
- ALL TIME*
- 13.77%
VOO
- 1D
- 1.66%
- 1M
- -0.73%
- 6M
- 7.47%
- YTD
- 9.38%
- 1Y
- 18.28%
- 3Y*
- 19.01%
- 5Y*
- 12.67%
- 10Y*
- 14.99%
- ALL TIME*
- 14.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $494.88M | $502.45M | $654.78M | |
| $3.66B | $3.81B | $5.44B |
FDX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDX FedEx Corporation | 33.60% | 5.11% | 13.49% | 49.13% | -31.64% | 0.72% | 74.27% | -4.78% | -34.67% | 35.21% |
VOO Vanguard S&P 500 ETF | 9.38% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between FDX and VOO is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.43 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.60 |
Over the past year, the correlation between FDX and VOO has dropped to 0.37 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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Return for Risk
FDX vs. VOO — Risk / Return Rank
FDX
VOO
FDX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FedEx Corporation (FDX) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDX | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.26 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 6.41 | 2.06 | +4.34 |
| Martin ratioReturn relative to average drawdown | 17.72 | 8.81 | +8.91 |
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Drawdowns
FDX vs. VOO - Drawdown Comparison
The maximum FDX drawdown since its inception was -71.32%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FDX and VOO.
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Drawdown Indicators
| FDX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.32% | -33.99% | -37.33% |
Max Drawdown (1Y)Largest decline over 1 year | -11.67% | -8.90% | -2.77% |
Max Drawdown (3Y)Largest decline over 3 years | -35.85% | -18.69% | -17.16% |
Max Drawdown (5Y)Largest decline over 5 years | -48.25% | -24.52% | -23.73% |
Max Drawdown (10Y)Largest decline over 10 years | -65.97% | -33.99% | -31.98% |
Current DrawdownCurrent decline from peak | -8.57% | -2.07% | -6.50% |
Average DrawdownAverage peak-to-trough decline | -20.26% | -3.67% | -16.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 2.08% | +2.13% |
Volatility
FDX vs. VOO - Volatility Comparison
FedEx Corporation (FDX) has a higher volatility of 5.87% compared to Vanguard S&P 500 ETF (VOO) at 3.47%. This indicates that FDX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 3.47% | +2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 23.16% | 10.08% | +13.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.04% | 12.81% | +16.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.89% | 16.94% | +15.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.96% | 18.01% | +14.95% |
Dividends
FDX vs. VOO - Dividend Comparison
FDX's dividend yield for the trailing twelve months is around 1.53%, more than VOO's 1.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDX FedEx Corporation | 1.53% | 1.98% | 1.92% | 1.95% | 2.42% | 1.12% | 1.00% | 1.72% | 1.52% | 0.76% | 0.78% | 0.64% |
VOO Vanguard S&P 500 ETF | 1.08% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
FDX and VOO have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDX has higher volatility (5.87%) compared to VOO (3.47%). In terms of maximum drawdown, FDX dropped -71.32% vs VOO's -33.99%.
FDX currently has the higher Sharpe Ratio (2.61 vs 1.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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