PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
HOVLX vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HOVLXVOO
YTD Return18.87%26.88%
1Y Return30.48%37.59%
3Y Return (Ann)8.33%10.23%
5Y Return (Ann)12.30%15.93%
10Y Return (Ann)10.83%13.41%
Sharpe Ratio2.813.06
Sortino Ratio3.964.08
Omega Ratio1.521.58
Calmar Ratio4.374.43
Martin Ratio15.7620.25
Ulcer Index1.94%1.85%
Daily Std Dev10.87%12.23%
Max Drawdown-57.48%-33.99%
Current Drawdown-0.59%-0.30%

Correlation

-0.50.00.51.00.9

The correlation between HOVLX and VOO is 0.93, 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

HOVLX vs. VOO - Performance Comparison

In the year-to-date period, HOVLX achieves a 18.87% return, which is significantly lower than VOO's 26.88% return. Over the past 10 years, HOVLX has underperformed VOO with an annualized return of 10.83%, while VOO has yielded a comparatively higher 13.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
7.50%
14.84%
HOVLX
VOO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HOVLX vs. VOO - Expense Ratio Comparison

HOVLX has a 0.63% expense ratio, which is higher than VOO's 0.03% expense ratio.


HOVLX
Homestead Funds Value Fund
Expense ratio chart for HOVLX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

HOVLX vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Homestead Funds Value Fund (HOVLX) 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.


HOVLX
Sharpe ratio
The chart of Sharpe ratio for HOVLX, currently valued at 2.81, compared to the broader market0.002.004.002.81
Sortino ratio
The chart of Sortino ratio for HOVLX, currently valued at 3.96, compared to the broader market0.005.0010.003.96
Omega ratio
The chart of Omega ratio for HOVLX, currently valued at 1.52, compared to the broader market1.002.003.004.001.52
Calmar ratio
The chart of Calmar ratio for HOVLX, currently valued at 4.37, compared to the broader market0.005.0010.0015.0020.004.37
Martin ratio
The chart of Martin ratio for HOVLX, currently valued at 15.76, compared to the broader market0.0020.0040.0060.0080.00100.0015.76
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 3.06, compared to the broader market0.002.004.003.06
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 4.08, compared to the broader market0.005.0010.004.08
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.58, compared to the broader market1.002.003.004.001.58
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 4.43, compared to the broader market0.005.0010.0015.0020.004.43
Martin ratio
The chart of Martin ratio for VOO, currently valued at 20.25, compared to the broader market0.0020.0040.0060.0080.00100.0020.25

HOVLX vs. VOO - Sharpe Ratio Comparison

The current HOVLX Sharpe Ratio is 2.81, which is comparable to the VOO Sharpe Ratio of 3.06. The chart below compares the historical Sharpe Ratios of HOVLX 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.81
3.06
HOVLX
VOO

Dividends

HOVLX vs. VOO - Dividend Comparison

HOVLX's dividend yield for the trailing twelve months is around 1.22%, which matches VOO's 1.23% yield.


TTM20232022202120202019201820172016201520142013
HOVLX
Homestead Funds Value Fund
1.22%1.49%1.48%1.19%1.39%1.60%1.94%1.80%2.31%2.02%1.54%1.67%
VOO
Vanguard S&P 500 ETF
1.23%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

HOVLX vs. VOO - Drawdown Comparison

The maximum HOVLX drawdown since its inception was -57.48%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HOVLX and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.59%
-0.30%
HOVLX
VOO

Volatility

HOVLX vs. VOO - Volatility Comparison

The current volatility for Homestead Funds Value Fund (HOVLX) is 3.55%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.89%. This indicates that HOVLX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.55%
3.89%
HOVLX
VOO