Correlation
The correlation between HDB and VOO is 0.46, 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.
HDB vs. VOO
Compare and contrast key facts about HDFC Bank Limited (HDB) 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: HDB or VOO.
Performance
HDB vs. VOO - Performance Comparison
Loading data...
Key characteristics
HDB:
1.27
VOO:
0.74
HDB:
1.67
VOO:
1.04
HDB:
1.24
VOO:
1.15
HDB:
1.06
VOO:
0.68
HDB:
4.33
VOO:
2.58
HDB:
7.39%
VOO:
4.93%
HDB:
26.45%
VOO:
19.54%
HDB:
-67.92%
VOO:
-33.99%
HDB:
-4.27%
VOO:
-3.55%
Returns By Period
In the year-to-date period, HDB achieves a 18.06% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, HDB has underperformed VOO with an annualized return of 10.94%, while VOO has yielded a comparatively higher 12.81% annualized return.
HDB
18.06%
3.71%
12.93%
33.28%
10.98%
13.90%
10.94%
VOO
0.90%
6.28%
-1.46%
14.27%
14.31%
15.89%
12.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
HDB vs. VOO — Risk-Adjusted Performance Rank
HDB
VOO
HDB vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HDFC Bank Limited (HDB) 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.
Loading data...
Dividends
HDB vs. VOO - Dividend Comparison
HDB's dividend yield for the trailing twelve months is around 0.92%, less than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDB HDFC Bank Limited | 0.92% | 1.09% | 2.08% | 1.74% | 0.81% | 0.00% | 0.68% | 0.55% | 0.50% | 0.70% | 0.61% | 1.99% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
HDB vs. VOO - Drawdown Comparison
The maximum HDB drawdown since its inception was -67.92%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HDB and VOO.
Loading data...
Volatility
HDB vs. VOO - Volatility Comparison
HDFC Bank Limited (HDB) has a higher volatility of 7.15% compared to Vanguard S&P 500 ETF (VOO) at 4.84%. This indicates that HDB'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.
Loading data...