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HBAR-USD vs. VOO
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Key characteristics


HBAR-USDVOO
YTD Return-30.76%26.94%
1Y Return1.69%35.06%
3Y Return (Ann)-48.65%10.23%
5Y Return (Ann)12.83%15.77%
Sharpe Ratio-0.553.08
Sortino Ratio-0.794.09
Omega Ratio0.931.58
Calmar Ratio0.014.46
Martin Ratio-1.2820.36
Ulcer Index51.92%1.85%
Daily Std Dev92.31%12.23%
Max Drawdown-92.80%-33.99%
Current Drawdown-88.25%-0.25%

Correlation

-0.50.00.51.00.2

The correlation between HBAR-USD and VOO is 0.24, 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

HBAR-USD vs. VOO - Performance Comparison

In the year-to-date period, HBAR-USD achieves a -30.76% return, which is significantly lower than VOO's 26.94% return. 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%JuneJulyAugustSeptemberOctoberNovember
-46.41%
13.51%
HBAR-USD
VOO

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Risk-Adjusted Performance

HBAR-USD vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for HederaHashgraph (HBAR-USD) 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.


HBAR-USD
Sharpe ratio
The chart of Sharpe ratio for HBAR-USD, currently valued at -0.55, compared to the broader market-1.00-0.500.000.501.001.50-0.55
Sortino ratio
The chart of Sortino ratio for HBAR-USD, currently valued at -0.79, compared to the broader market-2.00-1.000.001.002.00-0.79
Omega ratio
The chart of Omega ratio for HBAR-USD, currently valued at 0.93, compared to the broader market0.800.901.001.101.200.93
Calmar ratio
The chart of Calmar ratio for HBAR-USD, currently valued at 0.01, compared to the broader market0.200.400.600.801.001.201.400.01
Martin ratio
The chart of Martin ratio for HBAR-USD, currently valued at -1.28, compared to the broader market0.002.004.006.008.00-1.28
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.14, compared to the broader market-1.00-0.500.000.501.001.502.14
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 2.87, compared to the broader market-2.00-1.000.001.002.002.87
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.40, compared to the broader market0.800.901.001.101.201.40
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 1.01, compared to the broader market0.200.400.600.801.001.201.401.01
Martin ratio
The chart of Martin ratio for VOO, currently valued at 12.84, compared to the broader market0.002.004.006.008.0012.84

HBAR-USD vs. VOO - Sharpe Ratio Comparison

The current HBAR-USD Sharpe Ratio is -0.55, which is lower than the VOO Sharpe Ratio of 3.08. The chart below compares the historical Sharpe Ratios of HBAR-USD and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
-0.55
2.14
HBAR-USD
VOO

Drawdowns

HBAR-USD vs. VOO - Drawdown Comparison

The maximum HBAR-USD drawdown since its inception was -92.80%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HBAR-USD and VOO. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-88.25%
-0.25%
HBAR-USD
VOO

Volatility

HBAR-USD vs. VOO - Volatility Comparison

HederaHashgraph (HBAR-USD) has a higher volatility of 25.20% compared to Vanguard S&P 500 ETF (VOO) at 3.86%. This indicates that HBAR-USD'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.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
25.20%
3.86%
HBAR-USD
VOO