FORTUM.HE vs. VOO
Compare and contrast key facts about Fortum Oyj (FORTUM.HE) 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: FORTUM.HE or VOO.
Correlation
The correlation between FORTUM.HE and VOO is 0.32, 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
FORTUM.HE vs. VOO - Performance Comparison
Key characteristics
FORTUM.HE:
1.87
VOO:
1.92
FORTUM.HE:
2.58
VOO:
2.58
FORTUM.HE:
1.32
VOO:
1.35
FORTUM.HE:
0.82
VOO:
2.88
FORTUM.HE:
10.54
VOO:
12.03
FORTUM.HE:
4.24%
VOO:
2.02%
FORTUM.HE:
23.97%
VOO:
12.69%
FORTUM.HE:
-64.55%
VOO:
-33.99%
FORTUM.HE:
-34.67%
VOO:
0.00%
Returns By Period
In the year-to-date period, FORTUM.HE achieves a 6.62% return, which is significantly higher than VOO's 4.36% return. Over the past 10 years, FORTUM.HE has underperformed VOO with an annualized return of 4.04%, while VOO has yielded a comparatively higher 13.28% annualized return.
FORTUM.HE
6.62%
5.61%
2.79%
43.53%
-1.44%
4.04%
VOO
4.36%
2.34%
10.20%
24.11%
14.50%
13.28%
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Risk-Adjusted Performance
FORTUM.HE vs. VOO — Risk-Adjusted Performance Rank
FORTUM.HE
VOO
FORTUM.HE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortum Oyj (FORTUM.HE) 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
FORTUM.HE vs. VOO - Dividend Comparison
FORTUM.HE's dividend yield for the trailing twelve months is around 7.98%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FORTUM.HE Fortum Oyj | 7.98% | 8.51% | 6.97% | 7.34% | 4.15% | 5.58% | 5.00% | 5.76% | 6.67% | 7.55% | 7.90% | 6.12% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FORTUM.HE vs. VOO - Drawdown Comparison
The maximum FORTUM.HE drawdown since its inception was -64.55%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FORTUM.HE and VOO. For additional features, visit the drawdowns tool.
Volatility
FORTUM.HE vs. VOO - Volatility Comparison
Fortum Oyj (FORTUM.HE) has a higher volatility of 7.13% compared to Vanguard S&P 500 ETF (VOO) at 3.01%. This indicates that FORTUM.HE'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.