GRR.AX vs. VOO
Compare and contrast key facts about Grange Resources Limited (GRR.AX) 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: GRR.AX or VOO.
Correlation
The correlation between GRR.AX and VOO is 0.15, 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
GRR.AX vs. VOO - Performance Comparison
Key characteristics
GRR.AX:
-0.85
VOO:
1.88
GRR.AX:
-1.24
VOO:
2.53
GRR.AX:
0.86
VOO:
1.35
GRR.AX:
-0.48
VOO:
2.81
GRR.AX:
-1.20
VOO:
11.78
GRR.AX:
35.13%
VOO:
2.02%
GRR.AX:
49.71%
VOO:
12.67%
GRR.AX:
-94.86%
VOO:
-33.99%
GRR.AX:
-85.46%
VOO:
0.00%
Returns By Period
The year-to-date returns for both investments are quite close, with GRR.AX having a 4.55% return and VOO slightly higher at 4.61%. Over the past 10 years, GRR.AX has outperformed VOO with an annualized return of 17.61%, while VOO has yielded a comparatively lower 13.30% annualized return.
GRR.AX
4.55%
12.20%
-20.42%
-44.90%
11.13%
17.61%
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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Risk-Adjusted Performance
GRR.AX vs. VOO — Risk-Adjusted Performance Rank
GRR.AX
VOO
GRR.AX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grange Resources Limited (GRR.AX) 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
GRR.AX vs. VOO - Dividend Comparison
GRR.AX's dividend yield for the trailing twelve months is around 10.87%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRR.AX Grange Resources Limited | 10.87% | 11.36% | 4.30% | 14.20% | 18.54% | 6.78% | 8.00% | 10.00% | 2.33% | 3.57% | 11.24% | 9.52% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
GRR.AX vs. VOO - Drawdown Comparison
The maximum GRR.AX drawdown since its inception was -94.86%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GRR.AX and VOO. For additional features, visit the drawdowns tool.
Volatility
GRR.AX vs. VOO - Volatility Comparison
Grange Resources Limited (GRR.AX) has a higher volatility of 21.32% compared to Vanguard S&P 500 ETF (VOO) at 2.90%. This indicates that GRR.AX'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.