IBD vs. VOO
Compare and contrast key facts about Inspire Corporate Bond Impact ETF (IBD) and Vanguard S&P 500 ETF (VOO).
IBD and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBD is a passively managed fund by Inspire that tracks the performance of the Inspire Corporate Bond Impact Equal Weight Index. It was launched on Jul 10, 2017. 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. Both IBD and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBD or VOO.
Correlation
The correlation between IBD and VOO is 0.11, 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
IBD vs. VOO - Performance Comparison
Key characteristics
IBD:
1.24
VOO:
0.32
IBD:
1.69
VOO:
0.57
IBD:
1.23
VOO:
1.08
IBD:
1.01
VOO:
0.32
IBD:
6.32
VOO:
1.42
IBD:
1.10%
VOO:
4.19%
IBD:
5.62%
VOO:
18.73%
IBD:
-16.30%
VOO:
-33.99%
IBD:
-1.29%
VOO:
-13.85%
Returns By Period
In the year-to-date period, IBD achieves a 1.77% return, which is significantly higher than VOO's -9.88% return.
IBD
1.77%
-0.24%
0.95%
6.78%
1.05%
N/A
VOO
-9.88%
-6.86%
-9.35%
6.85%
14.69%
11.66%
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IBD vs. VOO - Expense Ratio Comparison
IBD has a 0.49% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
IBD vs. VOO — Risk-Adjusted Performance Rank
IBD
VOO
IBD vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Corporate Bond Impact ETF (IBD) 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
IBD vs. VOO - Dividend Comparison
IBD's dividend yield for the trailing twelve months is around 4.20%, more than VOO's 1.44% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
IBD Inspire Corporate Bond Impact ETF | 4.20% | 4.18% | 3.40% | 1.75% | 1.36% | 1.63% | 2.63% | 2.06% | 0.82% | 0.00% | 0.00% | 0.00% |
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
IBD vs. VOO - Drawdown Comparison
The maximum IBD drawdown since its inception was -16.30%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IBD and VOO. For additional features, visit the drawdowns tool.
Volatility
IBD vs. VOO - Volatility Comparison
The current volatility for Inspire Corporate Bond Impact ETF (IBD) is 2.47%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.31%. This indicates that IBD 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.