GEHC vs. VOO
GEHC (GE HealthCare Technologies Inc.) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 3 years, GEHC returned -7.08%/yr vs 20.78%/yr for VOO. At a 0.50 correlation, their price movements are largely independent.
Performance
GEHC vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, GEHC achieves a -22.24% return, which is significantly lower than VOO's 8.19% return.
GEHC
- 1D
- 5.08%
- 1M
- -0.79%
- YTD
- -22.24%
- 6M
- -23.46%
- 1Y
- -10.29%
- 3Y*
- -7.08%
- 5Y*
- —
- 10Y*
- —
VOO
- 1D
- -1.42%
- 1M
- -1.34%
- YTD
- 8.19%
- 6M
- 7.24%
- 1Y
- 23.69%
- 3Y*
- 20.78%
- 5Y*
- 13.13%
- 10Y*
- 15.61%
GEHC vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GEHC GE HealthCare Technologies Inc. | -22.24% | 5.11% | 1.26% | 43.01% |
VOO Vanguard S&P 500 ETF | 8.19% | 17.82% | 24.98% | 26.81% |
Correlation
The correlation between GEHC and VOO is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2023 | 0.50 |
The correlation between GEHC and VOO has been stable across timeframes, ranging from 0.49 to 0.51 - a consistent structural relationship.
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Return for Risk
GEHC vs. VOO — Risk / Return Rank
GEHC
VOO
GEHC vs. VOO - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GEHC | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.23 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.35 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 2.67 | -2.99 |
| Martin ratioReturn relative to average drawdown | -0.73 | 11.96 | -12.69 |
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Drawdowns
GEHC vs. VOO - Drawdown Comparison
The maximum GEHC drawdown since its inception was -37.35%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GEHC and VOO.
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Drawdown Indicators
| GEHC | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.35% | -33.99% | -3.36% |
Max Drawdown (1Y)Largest decline over 1 year | -32.47% | -8.90% | -23.57% |
Max Drawdown (3Y)Largest decline over 3 years | -37.35% | -18.69% | -18.66% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.52% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -31.90% | -3.14% | -28.76% |
Average DrawdownAverage peak-to-trough decline | -14.50% | -3.68% | -10.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.12% | 1.99% | +12.13% |
Volatility
GEHC vs. VOO - Volatility Comparison
GE HealthCare Technologies Inc. (GEHC) has a higher volatility of 9.07% compared to Vanguard S&P 500 ETF (VOO) at 4.83%. 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.
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Volatility by Period
| GEHC | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.07% | 4.83% | +4.24% |
Volatility (6M)Calculated over the trailing 6-month period | 25.92% | 9.82% | +16.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.76% | 12.46% | +20.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.05% | 16.91% | +16.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.05% | 18.02% | +15.03% |
Dividends
GEHC vs. VOO - Dividend Comparison
GEHC's dividend yield for the trailing twelve months is around 0.22%, less than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEHC GE HealthCare Technologies Inc. | 0.22% | 0.17% | 0.15% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
GEHC and VOO have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GEHC has higher volatility (9.07%) compared to VOO (4.83%). In terms of maximum drawdown, GEHC dropped -37.35% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.91 vs -0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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