GOOX vs. VOO

Last updated Jun 4, 2026

GOOX (T-Rex 2X Long Alphabet Daily Target ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - GOOX is a Leveraged Bonds fund actively managed by T-Rex, while VOO is a S&P 500 fund tracking the S&P 500 Index. GOOX is actively managed, while VOO is passively managed. Over the past year, GOOX returned 274.80% vs 28.04% for VOO. A 0.59 correlation means they provide meaningful diversification when combined. GOOX charges 1.05%/yr vs 0.03%/yr for VOO.

Performance

GOOX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOOX achieves a 18.83% return, which is significantly higher than VOO's 10.91% return.

GOOX

• 1D: -1.31%
• 1M: -13.31%
• YTD: 18.83%
• 6M: 12.03%
• 1Y: 274.80%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOO

• 1D: -0.70%
• 1M: 5.04%
• YTD: 10.91%
• 6M: 10.93%
• 1Y: 28.04%
• 3Y*: 22.44%
• 5Y*: 13.90%
• 10Y*: 15.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GOOX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GOOX T-Rex 2X Long Alphabet Daily Target ETF	18.83%	121.41%	46.80%
VOO Vanguard S&P 500 ETF	10.91%	17.82%	24.69%

Correlation

The correlation between GOOX and VOO is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024	0.59

The correlation between GOOX and VOO has been stable across timeframes, ranging from 0.57 to 0.59 - a consistent structural relationship.

Return for Risk

GOOX vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GOOX

GOOX Risk / Return Rank: 93
GOOX Sharpe Ratio Rank: 97
GOOX Sortino Ratio Rank: 94
GOOX Omega Ratio Rank: 90
GOOX Calmar Ratio Rank: 94
GOOX Martin Ratio Rank: 93

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 70
VOO Omega Ratio Rank: 70
VOO Calmar Ratio Rank: 62
VOO Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOOX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Alphabet Daily Target ETF (GOOX) 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.

	GOOX	VOO	Difference
Sharpe ratio: Return per unit of total volatility	4.83	2.39	+2.44
Sortino ratio: Return per unit of downside risk	4.89	3.25	+1.64
Omega ratio: Gain probability vs. loss probability	1.58	1.43	+0.15
Calmar ratio: Return relative to maximum drawdown	7.10	3.16	+3.94
Martin ratio: Return relative to average drawdown	24.06	14.73	+9.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOOX vs. VOO - Sharpe Ratio Comparison

The current GOOX Sharpe Ratio is 4.83, which is higher than the VOO Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of GOOX and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GOOX	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.83	2.39	+2.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.27	0.89	+0.38

Drawdowns

GOOX vs. VOO - Drawdown Comparison

The maximum GOOX drawdown since its inception was -52.46%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GOOX and VOO.

Drawdown Indicators

	GOOX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-52.46%	-33.99%	-18.47%
Max Drawdown (1Y) Largest decline over 1 year	-38.98%	-8.90%	-30.08%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-21.02%	-0.70%	-20.32%
Average Drawdown Average peak-to-trough decline	-17.04%	-3.69%	-13.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.48%	1.91%	+9.57%

Volatility

GOOX vs. VOO - Volatility Comparison

T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a higher volatility of 16.21% compared to Vanguard S&P 500 ETF (VOO) at 2.84%. This indicates that GOOX'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.

Volatility by Period

	GOOX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.21%	2.84%	+13.37%
Volatility (6M) Calculated over the trailing 6-month period	40.03%	8.90%	+31.13%
Volatility (1Y) Calculated over the trailing 1-year period	57.42%	11.80%	+45.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.37%	16.81%	+43.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.37%	18.01%	+42.36%

GOOX vs. VOO - Expense Ratio Comparison

GOOX has a 1.05% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

GOOX vs. VOO - Dividend Comparison

GOOX's dividend yield for the trailing twelve months is around 0.26%, less than VOO's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GOOX T-Rex 2X Long Alphabet Daily Target ETF	0.26%	0.30%	16.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.03%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both GOOX and VOO in my portfolio?

GOOX and VOO have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOOX or VOO?

GOOX has higher volatility (16.21%) compared to VOO (2.84%). In terms of maximum drawdown, GOOX dropped -52.46% vs VOO's -33.99%.

Which ETF is better, GOOX or VOO?

On 1-year performance, GOOX leads with 274.80% vs 28.04% for VOO. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 2.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GOOX or VOO?

Over the 1-year period, GOOX has performed better with a 274.80% return vs 28.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GOOX or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 1.05% for GOOX.

Which ETF pays a higher dividend yield, GOOX or VOO?

VOO has the higher dividend yield at 1.03%, compared with 0.26% for GOOX.

What is the main difference between GOOX and VOO?

GOOX is categorized as Leveraged Bonds, while VOO is S&P 500. They also come from different issuers: T-Rex and Vanguard. Their fees differ too: 1.05% for GOOX and 0.03% for VOO.

Which has better risk-adjusted returns?

GOOX currently has the higher Sharpe Ratio (4.83 vs 2.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.