GNOM vs. VOO
Compare and contrast key facts about Global X Genomics & Biotechnology ETF (GNOM) and Vanguard S&P 500 ETF (VOO).
GNOM and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GNOM is a passively managed fund by Global X that tracks the performance of the Solactive Genomics Index. It was launched on Apr 5, 2019. 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 GNOM 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: GNOM or VOO.
Performance
GNOM vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, GNOM achieves a -15.56% return, which is significantly lower than VOO's 25.48% return.
GNOM
-15.56%
-11.07%
-8.70%
-7.40%
-7.53%
N/A
VOO
25.48%
0.99%
11.84%
31.84%
15.62%
13.15%
Key characteristics
| GNOM | VOO | |
|---|---|---|
| Sharpe Ratio | -0.19 | 2.69 |
| Sortino Ratio | -0.08 | 3.59 |
| Omega Ratio | 0.99 | 1.50 |
| Calmar Ratio | -0.08 | 3.89 |
| Martin Ratio | -0.51 | 17.64 |
| Ulcer Index | 10.72% | 1.86% |
| Daily Std Dev | 28.25% | 12.20% |
| Max Drawdown | -68.54% | -33.99% |
| Current Drawdown | -64.99% | -1.40% |
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GNOM vs. VOO - Expense Ratio Comparison
GNOM has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between GNOM and VOO is 0.60, 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.
Risk-Adjusted Performance
GNOM vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Genomics & Biotechnology ETF (GNOM) 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
GNOM vs. VOO - Dividend Comparison
GNOM has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.25%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNOM Global X Genomics & Biotechnology ETF | 0.00% | 0.00% | 0.00% | 0.04% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GNOM vs. VOO - Drawdown Comparison
The maximum GNOM drawdown since its inception was -68.54%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GNOM and VOO. For additional features, visit the drawdowns tool.
Volatility
GNOM vs. VOO - Volatility Comparison
Global X Genomics & Biotechnology ETF (GNOM) has a higher volatility of 8.47% compared to Vanguard S&P 500 ETF (VOO) at 4.10%. This indicates that GNOM'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.