GLIN vs. VOO
Compare and contrast key facts about VanEck Vectors India Growth Leaders ETF (GLIN) and Vanguard S&P 500 ETF (VOO).
GLIN and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLIN is a passively managed fund by VanEck that tracks the performance of the MarketGrader India All-Cap Growth Leaders Index. It was launched on Aug 24, 2010. 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. Both GLIN and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLIN or VOO.
Key characteristics
GLIN | VOO | |
---|---|---|
YTD Return | 16.85% | 26.88% |
1Y Return | 30.04% | 37.59% |
3Y Return (Ann) | 7.27% | 10.23% |
5Y Return (Ann) | 10.51% | 15.93% |
10Y Return (Ann) | 1.65% | 13.41% |
Sharpe Ratio | 1.82 | 3.06 |
Sortino Ratio | 2.35 | 4.08 |
Omega Ratio | 1.35 | 1.58 |
Calmar Ratio | 0.59 | 4.43 |
Martin Ratio | 12.30 | 20.25 |
Ulcer Index | 2.55% | 1.85% |
Daily Std Dev | 17.21% | 12.23% |
Max Drawdown | -79.39% | -33.99% |
Current Drawdown | -39.32% | -0.30% |
Correlation
The correlation between GLIN and VOO is 0.51, 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.
Performance
GLIN vs. VOO - Performance Comparison
In the year-to-date period, GLIN achieves a 16.85% return, which is significantly lower than VOO's 26.88% return. Over the past 10 years, GLIN has underperformed VOO with an annualized return of 1.65%, while VOO has yielded a comparatively higher 13.41% 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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GLIN vs. VOO - Expense Ratio Comparison
GLIN has a 0.82% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
GLIN vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors India Growth Leaders ETF (GLIN) 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
GLIN vs. VOO - Dividend Comparison
GLIN's dividend yield for the trailing twelve months is around 0.82%, less than VOO's 1.23% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
VanEck Vectors India Growth Leaders ETF | 0.82% | 0.96% | 1.70% | 0.00% | 0.24% | 1.29% | 0.12% | 0.10% | 1.39% | 3.11% | 0.97% | 0.44% |
Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GLIN vs. VOO - Drawdown Comparison
The maximum GLIN drawdown since its inception was -79.39%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GLIN and VOO. For additional features, visit the drawdowns tool.
Volatility
GLIN vs. VOO - Volatility Comparison
VanEck Vectors India Growth Leaders ETF (GLIN) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.72% and 3.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.