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HIMX vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HIMX and VOO is 0.37, 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.


-0.50.00.51.00.4

Performance

HIMX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Himax Technologies, Inc. (HIMX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-4.47%
8.89%
HIMX
VOO

Key characteristics

Sharpe Ratio

HIMX:

0.42

VOO:

2.21

Sortino Ratio

HIMX:

1.41

VOO:

2.93

Omega Ratio

HIMX:

1.16

VOO:

1.41

Calmar Ratio

HIMX:

0.42

VOO:

3.25

Martin Ratio

HIMX:

1.27

VOO:

14.47

Ulcer Index

HIMX:

21.31%

VOO:

1.90%

Daily Std Dev

HIMX:

64.07%

VOO:

12.43%

Max Drawdown

HIMX:

-87.55%

VOO:

-33.99%

Current Drawdown

HIMX:

-41.36%

VOO:

-2.87%

Returns By Period

In the year-to-date period, HIMX achieves a 29.22% return, which is significantly higher than VOO's 25.49% return. Over the past 10 years, HIMX has underperformed VOO with an annualized return of 3.00%, while VOO has yielded a comparatively higher 13.04% annualized return.


HIMX

YTD

29.22%

1M

44.74%

6M

-9.33%

1Y

31.60%

5Y*

31.07%

10Y*

3.00%

VOO

YTD

25.49%

1M

0.01%

6M

8.65%

1Y

27.45%

5Y*

14.70%

10Y*

13.04%

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Risk-Adjusted Performance

HIMX vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Himax Technologies, Inc. (HIMX) 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.


Sharpe ratio
The chart of Sharpe ratio for HIMX, currently valued at 0.49, compared to the broader market-4.00-2.000.002.000.492.21
The chart of Sortino ratio for HIMX, currently valued at 1.54, compared to the broader market-4.00-2.000.002.004.001.542.93
The chart of Omega ratio for HIMX, currently valued at 1.18, compared to the broader market0.501.001.502.001.181.41
The chart of Calmar ratio for HIMX, currently valued at 0.49, compared to the broader market0.002.004.006.000.493.25
The chart of Martin ratio for HIMX, currently valued at 1.48, compared to the broader market0.0010.0020.001.4814.47
HIMX
VOO

The current HIMX Sharpe Ratio is 0.42, which is lower than the VOO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of HIMX and VOO, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.49
2.21
HIMX
VOO

Dividends

HIMX vs. VOO - Dividend Comparison

HIMX's dividend yield for the trailing twelve months is around 3.83%, more than VOO's 0.91% yield.


TTM20232022202120202019201820172016201520142013
HIMX
Himax Technologies, Inc.
3.83%7.91%20.13%1.70%0.00%0.00%2.92%2.30%2.15%3.66%3.35%1.70%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

HIMX vs. VOO - Drawdown Comparison

The maximum HIMX drawdown since its inception was -87.55%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HIMX and VOO. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-41.36%
-2.87%
HIMX
VOO

Volatility

HIMX vs. VOO - Volatility Comparison

Himax Technologies, Inc. (HIMX) has a higher volatility of 42.85% compared to Vanguard S&P 500 ETF (VOO) at 3.64%. This indicates that HIMX'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.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
42.85%
3.64%
HIMX
VOO
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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.

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