HEI-A vs. VOO
HEI-A (HEICO Corporation) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, HEI-A returned 25.28%/yr vs 15.15%/yr for VOO. At a 0.49 correlation, their price movements are largely independent.
Performance
HEI-A vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, HEI-A achieves a -0.77% return, which is significantly lower than VOO's 10.72% return. Over the past 10 years, HEI-A has outperformed VOO with an annualized return of 25.28%, while VOO has yielded a comparatively lower 15.15% annualized return.
HEI-A
- 1D
- -1.17%
- 1M
- 0.91%
- 6M
- -9.33%
- YTD
- -0.77%
- 1Y
- -0.32%
- 3Y*
- 22.14%
- 5Y*
- 15.46%
- 10Y*
- 25.28%
VOO
- 1D
- -0.53%
- 1M
- 0.35%
- 6M
- 9.07%
- YTD
- 10.72%
- 1Y
- 21.71%
- 3Y*
- 20.11%
- 5Y*
- 13.31%
- 10Y*
- 15.15%
HEI-A vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEI-A HEICO Corporation | -0.77% | 35.80% | 30.81% | 19.03% | -6.60% | 9.94% | 30.98% | 42.21% | 24.78% | 45.72% |
VOO Vanguard S&P 500 ETF | 10.72% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between HEI-A and VOO is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.49 |
The correlation between HEI-A and VOO has been stable across timeframes, ranging from 0.47 to 0.54 - a consistent structural relationship.
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Return for Risk
HEI-A vs. VOO — Risk / Return Rank
HEI-A
VOO
HEI-A vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI-A) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HEI-A | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.75 | ||
| Sortino ratioReturn per unit of downside risk | -2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.32 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 2.45 | -2.46 |
| Martin ratioReturn relative to average drawdown | -0.03 | 10.68 | -10.71 |
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Drawdowns
HEI-A vs. VOO - Drawdown Comparison
The maximum HEI-A drawdown since its inception was -49.70%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HEI-A and VOO.
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Drawdown Indicators
| HEI-A | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.70% | -33.99% | -15.71% |
Max Drawdown (1Y)Largest decline over 1 year | -27.11% | -8.90% | -18.21% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | -18.69% | -8.42% |
Max Drawdown (5Y)Largest decline over 5 years | -27.11% | -24.52% | -2.59% |
Max Drawdown (10Y)Largest decline over 10 years | -49.70% | -33.99% | -15.71% |
Current DrawdownCurrent decline from peak | -9.33% | -0.88% | -8.45% |
Average DrawdownAverage peak-to-trough decline | -7.67% | -3.67% | -4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.99% | 2.04% | +9.95% |
Volatility
HEI-A vs. VOO - Volatility Comparison
HEICO Corporation (HEI-A) has a higher volatility of 7.41% compared to Vanguard S&P 500 ETF (VOO) at 3.48%. This indicates that HEI-A'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.
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Volatility by Period
| HEI-A | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.41% | 3.48% | +3.93% |
Volatility (6M)Calculated over the trailing 6-month period | 24.49% | 9.98% | +14.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.51% | 12.52% | +18.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.73% | 16.92% | +10.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.62% | 17.99% | +12.63% |
Dividends
HEI-A vs. VOO - Dividend Comparison
HEI-A's dividend yield for the trailing twelve months is around 0.10%, less than VOO's 1.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEI-A HEICO Corporation | 0.10% | 0.09% | 0.11% | 0.14% | 0.15% | 0.13% | 0.14% | 0.08% | 0.18% | 0.10% | 0.25% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.06% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
HEI-A and VOO have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HEI-A has higher volatility (7.41%) compared to VOO (3.48%). In terms of maximum drawdown, HEI-A dropped -49.70% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.74 vs -0.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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