HGBL vs. VOO
Compare and contrast key facts about Heritage Global Inc. (HGBL) 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: HGBL or VOO.
Correlation
The correlation between HGBL and VOO is 0.08, 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
HGBL vs. VOO - Performance Comparison
Key characteristics
HGBL:
-0.54
VOO:
1.88
HGBL:
-0.51
VOO:
2.53
HGBL:
0.93
VOO:
1.35
HGBL:
-0.23
VOO:
2.81
HGBL:
-0.72
VOO:
11.78
HGBL:
32.16%
VOO:
2.02%
HGBL:
42.82%
VOO:
12.67%
HGBL:
-99.98%
VOO:
-33.99%
HGBL:
-99.39%
VOO:
0.00%
Returns By Period
In the year-to-date period, HGBL achieves a 19.46% return, which is significantly higher than VOO's 4.61% return. Over the past 10 years, HGBL has outperformed VOO with an annualized return of 21.35%, while VOO has yielded a comparatively lower 13.30% annualized return.
HGBL
19.46%
8.87%
20.11%
-25.59%
17.26%
21.35%
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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Risk-Adjusted Performance
HGBL vs. VOO — Risk-Adjusted Performance Rank
HGBL
VOO
HGBL vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Heritage Global Inc. (HGBL) 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.
Dividends
HGBL vs. VOO - Dividend Comparison
HGBL has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HGBL Heritage Global Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
HGBL vs. VOO - Drawdown Comparison
The maximum HGBL drawdown since its inception was -99.98%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HGBL and VOO. For additional features, visit the drawdowns tool.
Volatility
HGBL vs. VOO - Volatility Comparison
Heritage Global Inc. (HGBL) has a higher volatility of 12.15% compared to Vanguard S&P 500 ETF (VOO) at 3.01%. This indicates that HGBL'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.