GSL vs. VOO
Compare and contrast key facts about Global Ship Lease, Inc. (GSL) 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: GSL or VOO.
Key characteristics
GSL | VOO | |
---|---|---|
YTD Return | 26.15% | 16.41% |
1Y Return | 38.56% | 24.99% |
3Y Return (Ann) | 8.01% | 8.31% |
5Y Return (Ann) | 37.64% | 14.91% |
10Y Return (Ann) | 0.71% | 12.69% |
Sharpe Ratio | 1.35 | 1.92 |
Daily Std Dev | 27.30% | 12.55% |
Max Drawdown | -94.83% | -33.99% |
Current Drawdown | -42.22% | -2.70% |
Correlation
The correlation between GSL and VOO is 0.27, 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
GSL vs. VOO - Performance Comparison
In the year-to-date period, GSL achieves a 26.15% return, which is significantly higher than VOO's 16.41% return. Over the past 10 years, GSL has underperformed VOO with an annualized return of 0.71%, while VOO has yielded a comparatively higher 12.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GSL vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Ship Lease, Inc. (GSL) 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
GSL vs. VOO - Dividend Comparison
GSL's dividend yield for the trailing twelve months is around 6.61%, more than VOO's 1.31% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
GSL Global Ship Lease, Inc. | 6.61% | 7.55% | 8.23% | 3.26% | 0.00% | 6.19% | 0.00% | 0.00% | 0.00% | 10.78% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.31% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
GSL vs. VOO - Drawdown Comparison
The maximum GSL drawdown since its inception was -94.83%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GSL and VOO. For additional features, visit the drawdowns tool.
Volatility
GSL vs. VOO - Volatility Comparison
Global Ship Lease, Inc. (GSL) has a higher volatility of 6.62% compared to Vanguard S&P 500 ETF (VOO) at 4.46%. This indicates that GSL'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.