GL vs. VOO
GL (Globe Life 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 10 years, GL returned 12.34%/yr vs 15.60%/yr for VOO. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
GL vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, GL achieves a 26.12% return, which is significantly higher than VOO's 8.08% return. Over the past 10 years, GL has underperformed VOO with an annualized return of 12.34%, while VOO has yielded a comparatively higher 15.60% annualized return.
GL
- 1D
- 0.03%
- 1M
- 12.39%
- YTD
- 26.12%
- 6M
- 22.93%
- 1Y
- 44.12%
- 3Y*
- 19.26%
- 5Y*
- 13.33%
- 10Y*
- 12.34%
VOO
- 1D
- -0.10%
- 1M
- -1.44%
- YTD
- 8.08%
- 6M
- 6.78%
- 1Y
- 22.23%
- 3Y*
- 20.75%
- 5Y*
- 13.02%
- 10Y*
- 15.60%
GL vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GL Globe Life Inc. | 26.12% | 26.47% | -7.53% | 1.77% | 29.68% | -0.49% | -8.93% | 42.34% | -17.23% | 23.93% |
VOO Vanguard S&P 500 ETF | 8.08% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between GL and VOO is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.60 |
Over the past year, the correlation between GL and VOO has dropped to 0.23 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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Return for Risk
GL vs. VOO — Risk / Return Rank
GL
VOO
GL vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globe Life Inc. (GL) 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.
| GL | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.33 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 4.08 | 2.51 | +1.57 |
| Martin ratioReturn relative to average drawdown | 9.42 | 11.16 | -1.74 |
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Drawdowns
GL vs. VOO - Drawdown Comparison
The maximum GL drawdown since its inception was -75.34%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GL and VOO.
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Drawdown Indicators
| GL | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.34% | -33.99% | -41.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -8.90% | -1.97% |
Max Drawdown (3Y)Largest decline over 3 years | -61.62% | -18.69% | -42.93% |
Max Drawdown (5Y)Largest decline over 5 years | -61.62% | -24.52% | -37.10% |
Max Drawdown (10Y)Largest decline over 10 years | -61.62% | -33.99% | -27.63% |
Current DrawdownCurrent decline from peak | 0.00% | -3.23% | +3.23% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -3.68% | -8.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.70% | 2.00% | +2.70% |
Volatility
GL vs. VOO - Volatility Comparison
Globe Life Inc. (GL) has a higher volatility of 5.57% compared to Vanguard S&P 500 ETF (VOO) at 4.80%. This indicates that GL'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
| GL | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.57% | 4.80% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 13.86% | 9.79% | +4.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.33% | 12.43% | +8.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.62% | 16.91% | +18.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.21% | 18.02% | +14.19% |
Dividends
GL vs. VOO - Dividend Comparison
GL's dividend yield for the trailing twelve months is around 0.65%, less than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GL Globe Life Inc. | 0.65% | 0.75% | 0.85% | 0.73% | 0.68% | 0.83% | 0.77% | 0.64% | 0.85% | 0.65% | 0.75% | 0.71% |
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
GL and VOO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GL has higher volatility (5.57%) compared to VOO (4.80%). In terms of maximum drawdown, GL dropped -75.34% vs VOO's -33.99%.
GL currently has the higher Sharpe Ratio (2.08 vs 1.80), 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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