HON vs. VOO
Compare and contrast key facts about Honeywell International Inc (HON) 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: HON or VOO.
Correlation
The correlation between HON and VOO is 0.72, 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
HON vs. VOO - Performance Comparison
Key characteristics
HON:
0.83
VOO:
2.25
HON:
1.24
VOO:
2.98
HON:
1.16
VOO:
1.42
HON:
1.05
VOO:
3.31
HON:
2.94
VOO:
14.77
HON:
5.08%
VOO:
1.90%
HON:
17.90%
VOO:
12.46%
HON:
-71.79%
VOO:
-33.99%
HON:
-3.25%
VOO:
-2.47%
Returns By Period
In the year-to-date period, HON achieves a 11.20% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, HON has underperformed VOO with an annualized return of 10.37%, while VOO has yielded a comparatively higher 13.08% annualized return.
HON
11.20%
0.73%
7.26%
13.73%
7.51%
10.37%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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Risk-Adjusted Performance
HON vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Honeywell International Inc (HON) 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
HON vs. VOO - Dividend Comparison
HON's dividend yield for the trailing twelve months is around 1.91%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HON Honeywell International Inc | 1.91% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
HON vs. VOO - Drawdown Comparison
The maximum HON drawdown since its inception was -71.79%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HON and VOO. For additional features, visit the drawdowns tool.
Volatility
HON vs. VOO - Volatility Comparison
Honeywell International Inc (HON) has a higher volatility of 6.30% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that HON'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.