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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.


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.

200.00%300.00%400.00%500.00%600.00%December2025FebruaryMarchAprilMay
573.36%
243.49%
VOO
HEDJ

Key characteristics

Sharpe Ratio

VOO:

0.52

HEDJ:

0.27

Sortino Ratio

VOO:

0.89

HEDJ:

0.57

Omega Ratio

VOO:

1.13

HEDJ:

1.07

Calmar Ratio

VOO:

0.57

HEDJ:

0.36

Martin Ratio

VOO:

2.18

HEDJ:

0.94

Ulcer Index

VOO:

4.85%

HEDJ:

6.04%

Daily Std Dev

VOO:

19.11%

HEDJ:

19.04%

Max Drawdown

VOO:

-33.99%

HEDJ:

-38.18%

Current Drawdown

VOO:

-7.67%

HEDJ:

-2.69%

Returns By Period

In the year-to-date period, VOO achieves a -3.41% return, which is significantly lower than HEDJ's 10.93% return. Over the past 10 years, VOO has outperformed HEDJ with an annualized return of 12.42%, while HEDJ has yielded a comparatively lower 7.66% annualized return.


VOO

YTD

-3.41%

1M

3.92%

6M

-5.06%

1Y

9.92%

5Y*

15.85%

10Y*

12.42%

HEDJ

YTD

10.93%

1M

6.17%

6M

11.89%

1Y

5.11%

5Y*

14.96%

10Y*

7.66%

*Annualized

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VOO vs. HEDJ - Expense Ratio Comparison

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


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 6363
Overall Rank
The Sharpe Ratio Rank of VOO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6262
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6464
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 6767
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6464
Martin Ratio Rank

HEDJ
The Risk-Adjusted Performance Rank of HEDJ is 4242
Overall Rank
The Sharpe Ratio Rank of HEDJ is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of HEDJ is 4242
Sortino Ratio Rank
The Omega Ratio Rank of HEDJ is 4040
Omega Ratio Rank
The Calmar Ratio Rank of HEDJ is 5050
Calmar Ratio Rank
The Martin Ratio Rank of HEDJ is 4040
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.


The current VOO Sharpe Ratio is 0.52, which is higher than the HEDJ Sharpe Ratio of 0.27. 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 Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
0.52
0.27
VOO
HEDJ

Dividends

VOO vs. HEDJ - Dividend Comparison

VOO's dividend yield for the trailing twelve months is around 1.34%, less than HEDJ's 2.96% yield.


TTM20242023202220212020201920182017201620152014
VOO
Vanguard S&P 500 ETF
1.34%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
2.96%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.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-7.67%
-2.69%
VOO
HEDJ

Volatility

VOO vs. HEDJ - Volatility Comparison

The current volatility for Vanguard S&P 500 ETF (VOO) is 6.83%, while WisdomTree Europe Hedged Equity Fund (HEDJ) has a volatility of 7.34%. This indicates that VOO experiences smaller price fluctuations and is considered to be less risky than HEDJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
6.83%
7.34%
VOO
HEDJ