FE vs. VOO
FE (FirstEnergy Corp.) 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, FE returned 7.33%/yr vs 15.16%/yr for VOO. At a 0.31 correlation, their price movements are largely independent.
Performance
FE vs. VOO - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FE having a 10.34% return and VOO slightly higher at 10.45%. Over the past 10 years, FE has underperformed VOO with an annualized return of 7.33%, while VOO has yielded a comparatively higher 15.16% annualized return.
FE
- 1D
- 1.06%
- 1M
- 2.98%
- 6M
- 10.43%
- YTD
- 10.34%
- 1Y
- 24.78%
- 3Y*
- 11.36%
- 5Y*
- 9.89%
- 10Y*
- 7.33%
VOO
- 1D
- -0.77%
- 1M
- 1.25%
- 6M
- 8.34%
- YTD
- 10.45%
- 1Y
- 21.53%
- 3Y*
- 20.16%
- 5Y*
- 13.01%
- 10Y*
- 15.16%
FE vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FE FirstEnergy Corp. | 10.34% | 17.26% | 13.24% | -8.86% | 4.79% | 41.81% | -34.18% | 34.13% | 27.85% | 3.61% |
VOO Vanguard S&P 500 ETF | 10.45% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between FE and VOO is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.31 |
The correlation between FE and VOO shifts across timeframes, from -0.10 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FE vs. VOO — Risk / Return Rank
FE
VOO
FE vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FirstEnergy Corp. (FE) 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.
| FE | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.31 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 2.43 | -0.74 |
| Martin ratioReturn relative to average drawdown | 4.74 | 10.60 | -5.85 |
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Drawdowns
FE vs. VOO - Drawdown Comparison
The maximum FE drawdown since its inception was -55.75%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FE and VOO.
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Drawdown Indicators
| FE | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.75% | -33.99% | -21.76% |
Max Drawdown (1Y)Largest decline over 1 year | -14.71% | -8.90% | -5.81% |
Max Drawdown (3Y)Largest decline over 3 years | -17.82% | -18.69% | +0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -28.59% | -24.52% | -4.07% |
Max Drawdown (10Y)Largest decline over 10 years | -47.68% | -33.99% | -13.69% |
Current DrawdownCurrent decline from peak | -5.74% | -1.11% | -4.63% |
Average DrawdownAverage peak-to-trough decline | -21.19% | -3.68% | -17.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.24% | 2.04% | +3.20% |
Volatility
FE vs. VOO - Volatility Comparison
FirstEnergy Corp. (FE) has a higher volatility of 6.21% compared to Vanguard S&P 500 ETF (VOO) at 4.16%. This indicates that FE'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
| FE | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.21% | 4.16% | +2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 12.68% | 9.97% | +2.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.71% | 12.53% | +3.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.51% | 16.93% | +2.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.69% | 18.00% | +6.69% |
Dividends
FE vs. VOO - Dividend Comparison
FE's dividend yield for the trailing twelve months is around 3.72%, more than VOO's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FE FirstEnergy Corp. | 3.72% | 3.93% | 4.24% | 4.31% | 3.72% | 3.75% | 5.10% | 3.13% | 3.83% | 4.70% | 4.65% | 4.54% |
VOO Vanguard S&P 500 ETF | 1.07% | 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
FE and VOO have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FE has higher volatility (6.21%) compared to VOO (4.16%). In terms of maximum drawdown, FE dropped -55.75% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.73 vs 1.59), 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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