HRZN vs. VOO
Compare and contrast key facts about Horizon Technology Finance Corporation (HRZN) 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: HRZN or VOO.
Correlation
The correlation between HRZN and VOO is 0.36, 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
HRZN vs. VOO - Performance Comparison
Key characteristics
HRZN:
-0.89
VOO:
0.75
HRZN:
-1.02
VOO:
1.15
HRZN:
0.82
VOO:
1.17
HRZN:
-0.61
VOO:
0.77
HRZN:
-1.60
VOO:
3.04
HRZN:
16.65%
VOO:
4.72%
HRZN:
29.72%
VOO:
19.15%
HRZN:
-60.45%
VOO:
-33.99%
HRZN:
-41.74%
VOO:
-7.30%
Returns By Period
In the year-to-date period, HRZN achieves a -13.83% return, which is significantly lower than VOO's -3.02% return. Over the past 10 years, HRZN has underperformed VOO with an annualized return of 4.20%, while VOO has yielded a comparatively higher 12.54% annualized return.
HRZN
-13.83%
-12.02%
-15.95%
-28.82%
6.44%
4.20%
VOO
-3.02%
11.86%
-0.14%
12.28%
16.47%
12.54%
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Risk-Adjusted Performance
HRZN vs. VOO — Risk-Adjusted Performance Rank
HRZN
VOO
HRZN vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Horizon Technology Finance Corporation (HRZN) 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
HRZN vs. VOO - Dividend Comparison
HRZN's dividend yield for the trailing twelve months is around 17.89%, more than VOO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRZN Horizon Technology Finance Corporation | 17.89% | 14.68% | 10.02% | 10.43% | 7.54% | 9.44% | 9.28% | 10.67% | 10.70% | 12.96% | 11.76% | 9.86% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
HRZN vs. VOO - Drawdown Comparison
The maximum HRZN drawdown since its inception was -60.45%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for HRZN and VOO. For additional features, visit the drawdowns tool.
Volatility
HRZN vs. VOO - Volatility Comparison
Horizon Technology Finance Corporation (HRZN) has a higher volatility of 23.04% compared to Vanguard S&P 500 ETF (VOO) at 13.90%. This indicates that HRZN'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.