GLOF vs. VOO
Compare and contrast key facts about iShares Global Equity Factor ETF (GLOF) and Vanguard S&P 500 ETF (VOO).
GLOF and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLOF is a passively managed fund by iShares that tracks the performance of the STOXX Global Equity Factor Index. It was launched on Apr 28, 2005. 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 GLOF 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: GLOF or VOO.
Key characteristics
| GLOF | VOO | |
|---|---|---|
| YTD Return | 18.70% | 26.13% |
| 1Y Return | 26.80% | 33.91% |
| 3Y Return (Ann) | 7.02% | 9.98% |
| 5Y Return (Ann) | 10.36% | 15.61% |
| Sharpe Ratio | 2.31 | 2.82 |
| Sortino Ratio | 3.11 | 3.76 |
| Omega Ratio | 1.41 | 1.53 |
| Calmar Ratio | 3.08 | 4.05 |
| Martin Ratio | 14.19 | 18.48 |
| Ulcer Index | 1.89% | 1.85% |
| Daily Std Dev | 11.63% | 12.12% |
| Max Drawdown | -34.12% | -33.99% |
| Current Drawdown | -1.74% | -0.88% |
Correlation
The correlation between GLOF and VOO is 0.82, 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
GLOF vs. VOO - Performance Comparison
In the year-to-date period, GLOF achieves a 18.70% return, which is significantly lower than VOO's 26.13% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GLOF vs. VOO - Expense Ratio Comparison
GLOF has a 0.20% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GLOF vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Equity Factor ETF (GLOF) 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
GLOF vs. VOO - Dividend Comparison
GLOF's dividend yield for the trailing twelve months is around 2.27%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLOF iShares Global Equity Factor ETF | 2.27% | 2.51% | 2.53% | 1.90% | 1.73% | 2.41% | 2.03% | 1.94% | 1.94% | 0.92% | 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
GLOF vs. VOO - Drawdown Comparison
The maximum GLOF drawdown since its inception was -34.12%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GLOF and VOO. For additional features, visit the drawdowns tool.
Volatility
GLOF vs. VOO - Volatility Comparison
The current volatility for iShares Global Equity Factor ETF (GLOF) is 2.95%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.84%. This indicates that GLOF 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.