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:
-1.21
VOO:
2.21
HRZN:
-1.54
VOO:
2.93
HRZN:
0.79
VOO:
1.41
HRZN:
-0.67
VOO:
3.25
HRZN:
-1.75
VOO:
14.47
HRZN:
13.75%
VOO:
1.90%
HRZN:
19.90%
VOO:
12.43%
HRZN:
-60.45%
VOO:
-33.99%
HRZN:
-33.59%
VOO:
-2.87%
Returns By Period
In the year-to-date period, HRZN achieves a -24.57% return, which is significantly lower than VOO's 25.49% return. Over the past 10 years, HRZN has underperformed VOO with an annualized return of 6.05%, while VOO has yielded a comparatively higher 13.04% annualized return.
HRZN
-24.57%
-3.60%
-20.50%
-23.93%
3.32%
6.05%
VOO
25.49%
0.01%
8.65%
27.45%
14.70%
13.04%
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Risk-Adjusted Performance
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 14.95%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRZN Horizon Technology Finance Corporation | 14.95% | 10.02% | 10.43% | 7.54% | 9.44% | 9.28% | 10.67% | 10.70% | 12.96% | 11.76% | 9.86% | 9.71% |
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
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 7.82% compared to Vanguard S&P 500 ETF (VOO) at 3.64%. 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.