FLNG vs. VOO
Compare and contrast key facts about FLEX LNG Ltd (FLNG) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLNG or VOO.
Correlation
The correlation between FLNG and VOO is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FLNG vs. VOO - Performance Comparison
Key characteristics
FLNG:
-0.52
VOO:
2.18
FLNG:
-0.57
VOO:
2.90
FLNG:
0.93
VOO:
1.40
FLNG:
-0.42
VOO:
3.26
FLNG:
-1.17
VOO:
14.21
FLNG:
11.49%
VOO:
1.94%
FLNG:
25.88%
VOO:
12.66%
FLNG:
-71.94%
VOO:
-33.99%
FLNG:
-21.09%
VOO:
-2.81%
Returns By Period
In the year-to-date period, FLNG achieves a 7.02% return, which is significantly higher than VOO's 0.48% return.
FLNG
7.02%
9.65%
-5.82%
-12.29%
30.58%
N/A
VOO
0.48%
-2.81%
6.64%
25.77%
14.33%
13.24%
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Risk-Adjusted Performance
FLNG vs. VOO — Risk-Adjusted Performance Rank
FLNG
VOO
FLNG vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FLEX LNG Ltd (FLNG) 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.
Dividends
FLNG vs. VOO - Dividend Comparison
FLNG's dividend yield for the trailing twelve months is around 9.16%, more than VOO's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLNG FLEX LNG Ltd | 9.16% | 9.81% | 11.61% | 10.71% | 7.88% | 2.29% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FLNG vs. VOO - Drawdown Comparison
The maximum FLNG drawdown since its inception was -71.94%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FLNG and VOO. For additional features, visit the drawdowns tool.
Volatility
FLNG vs. VOO - Volatility Comparison
FLEX LNG Ltd (FLNG) has a higher volatility of 9.88% compared to Vanguard S&P 500 ETF (VOO) at 4.43%. This indicates that FLNG'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.