PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GOL vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


GOLVOO

Correlation

-0.50.00.51.00.4

The correlation between GOL and VOO is 0.37, 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

GOL vs. VOO - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-60.00%-40.00%-20.00%0.00%20.00%NovemberDecember2024FebruaryMarchApril
-65.52%
24.73%
GOL
VOO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Gol Linhas Aéreas Inteligentes S.A.

Vanguard S&P 500 ETF

Risk-Adjusted Performance

GOL vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Gol Linhas Aéreas Inteligentes S.A. (GOL) 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.


GOL
Sharpe ratio
The chart of Sharpe ratio for GOL, currently valued at -0.68, compared to the broader market-2.00-1.000.001.002.003.004.00-0.68
Sortino ratio
The chart of Sortino ratio for GOL, currently valued at -0.64, compared to the broader market-4.00-2.000.002.004.006.00-0.64
Omega ratio
The chart of Omega ratio for GOL, currently valued at 0.89, compared to the broader market0.501.001.500.89
Calmar ratio
The chart of Calmar ratio for GOL, currently valued at -0.56, compared to the broader market0.002.004.006.00-0.56
Martin ratio
The chart of Martin ratio for GOL, currently valued at -1.08, compared to the broader market0.0010.0020.0030.00-1.08
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.36, compared to the broader market-2.00-1.000.001.002.003.004.002.36
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.40, compared to the broader market-4.00-2.000.002.004.006.003.40
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.41, compared to the broader market0.501.001.501.41
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 2.05, compared to the broader market0.002.004.006.002.05
Martin ratio
The chart of Martin ratio for VOO, currently valued at 9.64, compared to the broader market0.0010.0020.0030.009.64

GOL vs. VOO - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
-0.68
2.36
GOL
VOO

Dividends

GOL vs. VOO - Dividend Comparison

GOL has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.37%.


TTM20232022202120202019201820172016201520142013
GOL
Gol Linhas Aéreas Inteligentes S.A.
0.00%0.00%0.00%0.00%0.00%0.02%0.00%0.00%0.00%0.12%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.37%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

GOL vs. VOO - Drawdown Comparison


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2024FebruaryMarchApril
-97.06%
-2.94%
GOL
VOO

Volatility

GOL vs. VOO - Volatility Comparison

The current volatility for Gol Linhas Aéreas Inteligentes S.A. (GOL) is 0.00%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.60%. This indicates that GOL 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.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%70.00%NovemberDecember2024FebruaryMarchApril0
3.60%
GOL
VOO