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FE vs. VOO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FE vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FirstEnergy Corp. (FE) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

The year-to-date returns for both investments are quite close, with FE having a 8.10% return and VOO slightly higher at 8.19%. Over the past 10 years, FE has underperformed VOO with an annualized return of 8.15%, while VOO has yielded a comparatively higher 15.61% annualized return.


FE

1D
1.48%
1M
2.46%
YTD
8.10%
6M
8.42%
1Y
22.46%
3Y*
11.80%
5Y*
9.37%
10Y*
8.15%

VOO

1D
-1.42%
1M
-1.34%
YTD
8.19%
6M
7.24%
1Y
23.69%
3Y*
20.78%
5Y*
13.13%
10Y*
15.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FE vs. VOO - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FE
FirstEnergy Corp.
8.10%17.26%13.24%-8.86%4.79%41.81%-34.18%34.13%27.85%3.61%
VOO
Vanguard S&P 500 ETF
8.19%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 -0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.07

Correlation (5Y)
Calculated over the trailing 5-year period

0.22

Correlation (10Y)
Calculated over the trailing 10-year period

0.26

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 -0.04 (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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FE
FE Risk / Return Rank: 7676
Overall Rank
FE Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
FE Sortino Ratio Rank: 7676
Sortino Ratio Rank
FE Omega Ratio Rank: 7676
Omega Ratio Rank
FE Calmar Ratio Rank: 7070
Calmar Ratio Rank
FE Martin Ratio Rank: 7474
Martin Ratio Rank

VOO
VOO Risk / Return Rank: 5959
Overall Rank
VOO Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
VOO Sortino Ratio Rank: 5656
Sortino Ratio Rank
VOO Omega Ratio Rank: 5858
Omega Ratio Rank
VOO Calmar Ratio Rank: 5656
Calmar Ratio Rank
VOO Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.


FEVOODifference
Sharpe ratioReturn per unit of total volatility

-0.43

Sortino ratioReturn per unit of downside risk

-0.60

Omega ratioGain probability vs. loss probability

1.26

1.35

-0.09

Calmar ratioReturn relative to maximum drawdown

1.53

2.67

-1.14

Martin ratioReturn relative to average drawdown

4.49

11.96

-7.47

FE vs. VOO - Sharpe Ratio Comparison

The current FE Sharpe Ratio is 1.48, which is comparable to the VOO Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of FE and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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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


FEVOODifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-7.65%

-3.14%

-4.51%

Average Drawdown

Average peak-to-trough decline

-21.22%

-3.68%

-17.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.02%

1.99%

+3.03%

Volatility

FE vs. VOO - Volatility Comparison

FirstEnergy Corp. (FE) has a higher volatility of 5.84% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. 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


FEVOODifference

Volatility (1M)

Calculated over the trailing 1-month period

5.84%

4.83%

+1.01%

Volatility (6M)

Calculated over the trailing 6-month period

11.99%

9.82%

+2.17%

Volatility (1Y)

Calculated over the trailing 1-year period

15.24%

12.46%

+2.78%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.46%

16.91%

+2.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.68%

18.02%

+6.66%

Dividends

FE vs. VOO - Dividend Comparison

FE's dividend yield for the trailing twelve months is around 3.79%, more than VOO's 1.05% yield.


PositionTTM20252024202320222021202020192018201720162015
FE
FirstEnergy Corp.
3.79%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
1.05%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 -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FE has higher volatility (5.84%) compared to VOO (4.83%). In terms of maximum drawdown, FE dropped -55.75% vs VOO's -33.99%.

VOO currently has the higher Sharpe Ratio (1.91 vs 1.48), 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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