GNK vs. VOO
Compare and contrast key facts about Genco Shipping & Trading Limited (GNK) 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: GNK or VOO.
Key characteristics
| GNK | VOO | |
|---|---|---|
| YTD Return | 11.36% | 27.15% |
| 1Y Return | 36.37% | 39.90% |
| 3Y Return (Ann) | 12.14% | 10.28% |
| 5Y Return (Ann) | 17.14% | 16.00% |
| 10Y Return (Ann) | -17.04% | 13.43% |
| Sharpe Ratio | 1.50 | 3.15 |
| Sortino Ratio | 2.15 | 4.19 |
| Omega Ratio | 1.25 | 1.59 |
| Calmar Ratio | 0.50 | 4.60 |
| Martin Ratio | 3.49 | 21.00 |
| Ulcer Index | 13.07% | 1.85% |
| Daily Std Dev | 30.42% | 12.34% |
| Max Drawdown | -98.25% | -33.99% |
| Current Drawdown | -88.29% | 0.00% |
Correlation
The correlation between GNK and VOO is 0.27, 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.
Performance
GNK vs. VOO - Performance Comparison
In the year-to-date period, GNK achieves a 11.36% return, which is significantly lower than VOO's 27.15% return. Over the past 10 years, GNK has underperformed VOO with an annualized return of -17.04%, while VOO has yielded a comparatively higher 13.43% 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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Risk-Adjusted Performance
GNK vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genco Shipping & Trading Limited (GNK) 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
GNK vs. VOO - Dividend Comparison
GNK's dividend yield for the trailing twelve months is around 7.57%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNK Genco Shipping & Trading Limited | 7.57% | 5.73% | 17.84% | 2.00% | 3.19% | 4.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO 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
GNK vs. VOO - Drawdown Comparison
The maximum GNK drawdown since its inception was -98.25%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GNK and VOO. For additional features, visit the drawdowns tool.
Volatility
GNK vs. VOO - Volatility Comparison
Genco Shipping & Trading Limited (GNK) has a higher volatility of 9.04% compared to Vanguard S&P 500 ETF (VOO) at 3.95%. This indicates that GNK'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.