HOVLX vs. VOO
Compare and contrast key facts about Homestead Funds Value Fund (HOVLX) and Vanguard S&P 500 ETF (VOO).
HOVLX is managed by Homestead. It was launched on Nov 19, 1990. 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: HOVLX or VOO.
Correlation
The correlation between HOVLX and VOO is 0.92, 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
Key characteristics
HOVLX:
-0.46
VOO:
0.36
HOVLX:
-0.51
VOO:
0.64
HOVLX:
0.92
VOO:
1.09
HOVLX:
-0.40
VOO:
0.37
HOVLX:
-1.27
VOO:
1.58
HOVLX:
6.53%
VOO:
4.39%
HOVLX:
18.02%
VOO:
19.05%
HOVLX:
-57.48%
VOO:
-33.99%
HOVLX:
-18.16%
VOO:
-13.78%
Returns By Period
In the year-to-date period, HOVLX achieves a -7.42% return, which is significantly higher than VOO's -9.81% return. Over the past 10 years, HOVLX has underperformed VOO with an annualized return of 0.47%, while VOO has yielded a comparatively higher 11.57% annualized return.
HOVLX
-7.42%
-8.82%
-14.75%
-8.74%
3.90%
0.47%
VOO
-9.81%
-6.59%
-9.07%
6.91%
15.38%
11.57%
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HOVLX vs. VOO - Expense Ratio Comparison
HOVLX has a 0.63% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
HOVLX vs. VOO — Risk-Adjusted Performance Rank
HOVLX
VOO
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.
Dividends
HOVLX vs. VOO - Dividend Comparison
HOVLX's dividend yield for the trailing twelve months is around 1.39%, less than VOO's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOVLX Homestead Funds Value Fund | 1.39% | 1.29% | 1.49% | 1.48% | 1.19% | 1.39% | 1.60% | 1.94% | 1.80% | 2.31% | 2.02% | 1.54% |
VOO Vanguard S&P 500 ETF | 1.44% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
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.
Volatility
HOVLX vs. VOO - Volatility Comparison
The current volatility for Homestead Funds Value Fund (HOVLX) is 12.33%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.79%. 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.