PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VOO vs. HEDJ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VOO and HEDJ is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

VOO vs. HEDJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P 500 ETF (VOO) and WisdomTree Europe Hedged Equity Fund (HEDJ). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember2025
8.64%
1.46%
VOO
HEDJ

Key characteristics

Sharpe Ratio

VOO:

2.21

HEDJ:

1.02

Sortino Ratio

VOO:

2.92

HEDJ:

1.46

Omega Ratio

VOO:

1.41

HEDJ:

1.18

Calmar Ratio

VOO:

3.34

HEDJ:

1.12

Martin Ratio

VOO:

14.07

HEDJ:

2.51

Ulcer Index

VOO:

2.01%

HEDJ:

5.39%

Daily Std Dev

VOO:

12.80%

HEDJ:

13.26%

Max Drawdown

VOO:

-33.99%

HEDJ:

-38.18%

Current Drawdown

VOO:

-1.36%

HEDJ:

-2.43%

Returns By Period

In the year-to-date period, VOO achieves a 1.98% return, which is significantly lower than HEDJ's 4.87% return. Over the past 10 years, VOO has outperformed HEDJ with an annualized return of 13.37%, while HEDJ has yielded a comparatively lower 7.82% annualized return.


VOO

YTD

1.98%

1M

1.13%

6M

8.46%

1Y

25.58%

5Y*

14.35%

10Y*

13.37%

HEDJ

YTD

4.87%

1M

5.66%

6M

0.88%

1Y

12.37%

5Y*

8.60%

10Y*

7.82%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VOO vs. HEDJ - Expense Ratio Comparison

VOO has a 0.03% expense ratio, which is lower than HEDJ's 0.58% expense ratio.


HEDJ
WisdomTree Europe Hedged Equity Fund
Expense ratio chart for HEDJ: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

VOO vs. HEDJ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VOO
The Risk-Adjusted Performance Rank of VOO is 8383
Overall Rank
The Sharpe Ratio Rank of VOO is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 8181
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 8383
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 8383
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 8585
Martin Ratio Rank

HEDJ
The Risk-Adjusted Performance Rank of HEDJ is 3737
Overall Rank
The Sharpe Ratio Rank of HEDJ is 3939
Sharpe Ratio Rank
The Sortino Ratio Rank of HEDJ is 3737
Sortino Ratio Rank
The Omega Ratio Rank of HEDJ is 3737
Omega Ratio Rank
The Calmar Ratio Rank of HEDJ is 4444
Calmar Ratio Rank
The Martin Ratio Rank of HEDJ is 2828
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VOO vs. HEDJ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 ETF (VOO) and WisdomTree Europe Hedged Equity Fund (HEDJ). 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.


Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.21, compared to the broader market0.002.004.002.211.02
The chart of Sortino ratio for VOO, currently valued at 2.92, compared to the broader market0.005.0010.002.921.46
The chart of Omega ratio for VOO, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.003.501.411.18
The chart of Calmar ratio for VOO, currently valued at 3.34, compared to the broader market0.005.0010.0015.0020.003.341.12
The chart of Martin ratio for VOO, currently valued at 14.07, compared to the broader market0.0020.0040.0060.0080.00100.0014.072.51
VOO
HEDJ

The current VOO Sharpe Ratio is 2.21, which is higher than the HEDJ Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of VOO and HEDJ, 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 Ratio0.001.002.003.004.00AugustSeptemberOctoberNovemberDecember2025
2.21
1.02
VOO
HEDJ

Dividends

VOO vs. HEDJ - Dividend Comparison

VOO's dividend yield for the trailing twelve months is around 1.22%, less than HEDJ's 3.13% yield.


TTM20242023202220212020201920182017201620152014
VOO
Vanguard S&P 500 ETF
1.22%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%
HEDJ
WisdomTree Europe Hedged Equity Fund
3.13%3.28%3.31%2.83%2.08%2.65%1.82%2.73%2.27%2.97%9.44%5.83%

Drawdowns

VOO vs. HEDJ - Drawdown Comparison

The maximum VOO drawdown since its inception was -33.99%, smaller than the maximum HEDJ drawdown of -38.18%. Use the drawdown chart below to compare losses from any high point for VOO and HEDJ. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-1.36%
-2.43%
VOO
HEDJ

Volatility

VOO vs. HEDJ - Volatility Comparison

Vanguard S&P 500 ETF (VOO) has a higher volatility of 5.05% compared to WisdomTree Europe Hedged Equity Fund (HEDJ) at 3.06%. This indicates that VOO's price experiences larger fluctuations and is considered to be riskier than HEDJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%AugustSeptemberOctoberNovemberDecember2025
5.05%
3.06%
VOO
HEDJ
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2025 PortfoliosLab