HACAX vs. VOOV
Compare and contrast key facts about Harbor Capital Appreciation Fund Class I (HACAX) and Vanguard S&P 500 Value ETF (VOOV).
HACAX is managed by Harbor Funds. It was launched on Dec 29, 1987. VOOV is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Value 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: HACAX or VOOV.
Key characteristics
| HACAX | VOOV | |
|---|---|---|
| YTD Return | 29.69% | 17.74% |
| 1Y Return | 37.59% | 27.31% |
| 3Y Return (Ann) | -0.67% | 11.61% |
| 5Y Return (Ann) | 9.80% | 12.25% |
| 10Y Return (Ann) | 7.26% | 10.62% |
| Sharpe Ratio | 2.19 | 2.95 |
| Sortino Ratio | 2.89 | 4.19 |
| Omega Ratio | 1.40 | 1.54 |
| Calmar Ratio | 1.34 | 5.68 |
| Martin Ratio | 10.51 | 18.27 |
| Ulcer Index | 3.86% | 1.66% |
| Daily Std Dev | 18.54% | 10.28% |
| Max Drawdown | -68.72% | -37.31% |
| Current Drawdown | -3.46% | -0.60% |
Correlation
The correlation between HACAX and VOOV is 0.68, 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.
Performance
HACAX vs. VOOV - Performance Comparison
In the year-to-date period, HACAX achieves a 29.69% return, which is significantly higher than VOOV's 17.74% return. Over the past 10 years, HACAX has underperformed VOOV with an annualized return of 7.26%, while VOOV has yielded a comparatively higher 10.62% 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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HACAX vs. VOOV - Expense Ratio Comparison
HACAX has a 0.71% expense ratio, which is higher than VOOV's 0.10% expense ratio.
Risk-Adjusted Performance
HACAX vs. VOOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Harbor Capital Appreciation Fund Class I (HACAX) and Vanguard S&P 500 Value ETF (VOOV). 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
HACAX vs. VOOV - Dividend Comparison
HACAX has not paid dividends to shareholders, while VOOV's dividend yield for the trailing twelve months is around 1.91%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HACAX Harbor Capital Appreciation Fund Class I | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 0.24% | 0.16% | 0.11% | 0.08% | 0.08% | 0.08% |
VOOV Vanguard S&P 500 Value ETF | 1.91% | 1.69% | 2.19% | 1.87% | 2.45% | 2.10% | 2.65% | 2.13% | 2.24% | 2.36% | 1.98% | 1.97% |
Drawdowns
HACAX vs. VOOV - Drawdown Comparison
The maximum HACAX drawdown since its inception was -68.72%, which is greater than VOOV's maximum drawdown of -37.31%. Use the drawdown chart below to compare losses from any high point for HACAX and VOOV. For additional features, visit the drawdowns tool.
Volatility
HACAX vs. VOOV - Volatility Comparison
Harbor Capital Appreciation Fund Class I (HACAX) has a higher volatility of 4.81% compared to Vanguard S&P 500 Value ETF (VOOV) at 3.42%. This indicates that HACAX's price experiences larger fluctuations and is considered to be riskier than VOOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.