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FITB vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FITBVOO
YTD Return12.90%11.78%
1Y Return60.50%28.27%
3Y Return (Ann)0.99%10.42%
5Y Return (Ann)11.57%15.03%
10Y Return (Ann)10.36%13.05%
Sharpe Ratio1.912.56
Daily Std Dev31.37%11.55%
Max Drawdown-98.13%-33.99%
Current Drawdown-16.00%-0.04%

Correlation

-0.50.00.51.00.6

The correlation between FITB and VOO is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

FITB vs. VOO - Performance Comparison

In the year-to-date period, FITB achieves a 12.90% return, which is significantly higher than VOO's 11.78% return. Over the past 10 years, FITB has underperformed VOO with an annualized return of 10.36%, while VOO has yielded a comparatively higher 13.05% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


200.00%250.00%300.00%350.00%400.00%450.00%500.00%550.00%December2024FebruaryMarchAprilMay
386.60%
523.51%
FITB
VOO

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Fifth Third Bancorp

Vanguard S&P 500 ETF

Risk-Adjusted Performance

FITB vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fifth Third Bancorp (FITB) 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.


FITB
Sharpe ratio
The chart of Sharpe ratio for FITB, currently valued at 1.91, compared to the broader market-2.00-1.000.001.002.003.004.001.91
Sortino ratio
The chart of Sortino ratio for FITB, currently valued at 2.69, compared to the broader market-4.00-2.000.002.004.006.002.69
Omega ratio
The chart of Omega ratio for FITB, currently valued at 1.33, compared to the broader market0.501.001.502.001.33
Calmar ratio
The chart of Calmar ratio for FITB, currently valued at 1.17, compared to the broader market0.002.004.006.001.17
Martin ratio
The chart of Martin ratio for FITB, currently valued at 8.12, compared to the broader market-10.000.0010.0020.0030.008.12
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.56, compared to the broader market-2.00-1.000.001.002.003.004.002.56
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.60, compared to the broader market-4.00-2.000.002.004.006.003.60
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.44, compared to the broader market0.501.001.502.001.44
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 2.41, compared to the broader market0.002.004.006.002.41
Martin ratio
The chart of Martin ratio for VOO, currently valued at 10.16, compared to the broader market-10.000.0010.0020.0030.0010.16

FITB vs. VOO - Sharpe Ratio Comparison

The current FITB Sharpe Ratio is 1.91, which roughly equals the VOO Sharpe Ratio of 2.56. The chart below compares the 12-month rolling Sharpe Ratio of FITB and VOO.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2024FebruaryMarchAprilMay
1.91
2.56
FITB
VOO

Dividends

FITB vs. VOO - Dividend Comparison

FITB's dividend yield for the trailing twelve months is around 3.58%, more than VOO's 1.32% yield.


TTM20232022202120202019201820172016201520142013
FITB
Fifth Third Bancorp
3.58%3.94%3.84%2.62%3.92%3.06%3.14%1.98%1.97%2.59%2.50%2.23%
VOO
Vanguard S&P 500 ETF
1.32%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

FITB vs. VOO - Drawdown Comparison

The maximum FITB drawdown since its inception was -98.13%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FITB and VOO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchAprilMay
-16.00%
-0.04%
FITB
VOO

Volatility

FITB vs. VOO - Volatility Comparison

Fifth Third Bancorp (FITB) has a higher volatility of 7.09% compared to Vanguard S&P 500 ETF (VOO) at 3.37%. This indicates that FITB'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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2024FebruaryMarchAprilMay
7.09%
3.37%
FITB
VOO