Correlation
The correlation between GMRE and VOO is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
GMRE vs. VOO
Compare and contrast key facts about Global Medical REIT Inc. (GMRE) 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: GMRE or VOO.
Performance
GMRE vs. VOO - Performance Comparison
Loading data...
Key characteristics
GMRE:
-0.74
VOO:
0.60
GMRE:
-0.98
VOO:
0.88
GMRE:
0.87
VOO:
1.13
GMRE:
-0.42
VOO:
0.56
GMRE:
-1.73
VOO:
2.13
GMRE:
13.38%
VOO:
4.91%
GMRE:
28.81%
VOO:
19.46%
GMRE:
-58.92%
VOO:
-33.99%
GMRE:
-55.25%
VOO:
-5.22%
Returns By Period
In the year-to-date period, GMRE achieves a -17.70% return, which is significantly lower than VOO's -0.85% return.
GMRE
-17.70%
-19.17%
-24.99%
-23.39%
-13.64%
-3.92%
N/A
VOO
-0.85%
5.97%
-2.10%
10.85%
15.45%
16.18%
12.64%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GMRE vs. VOO — Risk-Adjusted Performance Rank
GMRE
VOO
GMRE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Medical REIT Inc. (GMRE) 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.
Loading data...
Dividends
GMRE vs. VOO - Dividend Comparison
GMRE's dividend yield for the trailing twelve months is around 13.55%, more than VOO's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMRE Global Medical REIT Inc. | 13.55% | 10.88% | 7.57% | 8.86% | 4.62% | 6.13% | 6.05% | 9.00% | 9.76% | 4.48% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.31% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
GMRE vs. VOO - Drawdown Comparison
The maximum GMRE drawdown since its inception was -58.92%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GMRE and VOO.
Loading data...
Volatility
GMRE vs. VOO - Volatility Comparison
Global Medical REIT Inc. (GMRE) has a higher volatility of 12.15% compared to Vanguard S&P 500 ETF (VOO) at 4.44%. This indicates that GMRE'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.
Loading data...