GAIOX vs. VOO
Compare and contrast key facts about American Funds Growth and Income Portfolio (GAIOX) and Vanguard S&P 500 ETF (VOO).
GAIOX is managed by American Funds. It was launched on May 18, 2012. 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: GAIOX or VOO.
Key characteristics
| GAIOX | VOO | |
|---|---|---|
| YTD Return | 4.68% | 7.94% |
| 1Y Return | 18.78% | 28.21% |
| 3Y Return (Ann) | 4.22% | 8.82% |
| 5Y Return (Ann) | 9.05% | 13.59% |
| 10Y Return (Ann) | 8.18% | 12.69% |
| Sharpe Ratio | 1.93 | 2.33 |
| Daily Std Dev | 9.48% | 11.70% |
| Max Drawdown | -26.85% | -33.99% |
| Current Drawdown | -2.15% | -2.36% |
Correlation
The correlation between GAIOX and VOO is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GAIOX vs. VOO - Performance Comparison
In the year-to-date period, GAIOX achieves a 4.68% return, which is significantly lower than VOO's 7.94% return. Over the past 10 years, GAIOX has underperformed VOO with an annualized return of 8.18%, while VOO has yielded a comparatively higher 12.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GAIOX vs. VOO - Expense Ratio Comparison
GAIOX has a 0.66% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
GAIOX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Growth and Income Portfolio (GAIOX) 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
GAIOX vs. VOO - Dividend Comparison
GAIOX's dividend yield for the trailing twelve months is around 2.66%, more than VOO's 1.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIOX American Funds Growth and Income Portfolio | 2.66% | 2.81% | 6.45% | 5.13% | 4.00% | 6.25% | 6.10% | 3.45% | 4.39% | 4.60% | 4.60% | 2.81% |
VOO Vanguard S&P 500 ETF | 1.36% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GAIOX vs. VOO - Drawdown Comparison
The maximum GAIOX drawdown since its inception was -26.85%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GAIOX and VOO. For additional features, visit the drawdowns tool.
Volatility
GAIOX vs. VOO - Volatility Comparison
The current volatility for American Funds Growth and Income Portfolio (GAIOX) is 3.25%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.09%. This indicates that GAIOX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.