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.
Correlation
The correlation between GNK and VOO is 0.26, 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
Key characteristics
GNK:
-0.50
VOO:
1.76
GNK:
-0.56
VOO:
2.37
GNK:
0.94
VOO:
1.32
GNK:
-0.16
VOO:
2.66
GNK:
-0.68
VOO:
11.10
GNK:
21.16%
VOO:
2.02%
GNK:
28.69%
VOO:
12.79%
GNK:
-98.25%
VOO:
-33.99%
GNK:
-90.27%
VOO:
-2.11%
Returns By Period
In the year-to-date period, GNK achieves a 1.51% return, which is significantly lower than VOO's 2.40% return. Over the past 10 years, GNK has underperformed VOO with an annualized return of -14.40%, while VOO has yielded a comparatively higher 13.03% annualized return.
GNK
1.51%
1.58%
-15.68%
-21.27%
20.52%
-14.40%
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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Risk-Adjusted Performance
GNK vs. VOO — Risk-Adjusted Performance Rank
GNK
VOO
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 11.10%, more than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNK Genco Shipping & Trading Limited | 11.10% | 11.26% | 5.73% | 17.84% | 2.00% | 3.19% | 4.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
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 8.86% compared to Vanguard S&P 500 ETF (VOO) at 3.38%. 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.