GEHC vs. VOO
Compare and contrast key facts about GE HealthCare Technologies Inc. (GEHC) 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: GEHC or VOO.
Performance
GEHC vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, GEHC achieves a 6.78% return, which is significantly lower than VOO's 26.16% return.
GEHC
6.78%
-7.67%
3.32%
12.17%
N/A
N/A
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| GEHC | VOO | |
|---|---|---|
| Sharpe Ratio | 0.42 | 2.70 |
| Sortino Ratio | 0.76 | 3.60 |
| Omega Ratio | 1.11 | 1.50 |
| Calmar Ratio | 0.53 | 3.90 |
| Martin Ratio | 1.25 | 17.65 |
| Ulcer Index | 9.72% | 1.86% |
| Daily Std Dev | 29.23% | 12.19% |
| Max Drawdown | -28.04% | -33.99% |
| Current Drawdown | -12.13% | -0.86% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between GEHC and VOO is 0.47, 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.
Risk-Adjusted Performance
GEHC vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GE HealthCare Technologies Inc. (GEHC) 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
GEHC vs. VOO - Dividend Comparison
GEHC's dividend yield for the trailing twelve months is around 0.15%, less than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEHC GE HealthCare Technologies Inc. | 0.15% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GEHC vs. VOO - Drawdown Comparison
The maximum GEHC drawdown since its inception was -28.04%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GEHC and VOO. For additional features, visit the drawdowns tool.
Volatility
GEHC vs. VOO - Volatility Comparison
GE HealthCare Technologies Inc. (GEHC) has a higher volatility of 7.54% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. This indicates that GEHC'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.