IDCBY vs. VOO
Compare and contrast key facts about Industrial and Commercial Bank of China Limited (IDCBY) 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: IDCBY or VOO.
Correlation
The correlation between IDCBY and VOO is 0.15, 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
IDCBY vs. VOO - Performance Comparison
Key characteristics
IDCBY:
1.60
VOO:
2.25
IDCBY:
2.34
VOO:
2.98
IDCBY:
1.30
VOO:
1.42
IDCBY:
1.50
VOO:
3.31
IDCBY:
9.89
VOO:
14.77
IDCBY:
4.58%
VOO:
1.90%
IDCBY:
28.36%
VOO:
12.46%
IDCBY:
-46.03%
VOO:
-33.99%
IDCBY:
-1.34%
VOO:
-2.47%
Returns By Period
In the year-to-date period, IDCBY achieves a 38.84% return, which is significantly higher than VOO's 26.02% return. Over the past 10 years, IDCBY has underperformed VOO with an annualized return of 5.19%, while VOO has yielded a comparatively higher 13.08% annualized return.
IDCBY
38.84%
4.50%
17.30%
44.14%
3.31%
5.19%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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Risk-Adjusted Performance
IDCBY vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Industrial and Commercial Bank of China Limited (IDCBY) 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
IDCBY vs. VOO - Dividend Comparison
IDCBY's dividend yield for the trailing twelve months is around 6.73%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDCBY Industrial and Commercial Bank of China Limited | 6.73% | 8.64% | 8.51% | 7.37% | 5.73% | 4.70% | 5.33% | 4.23% | 6.00% | 6.81% | 5.77% | 5.70% |
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
IDCBY vs. VOO - Drawdown Comparison
The maximum IDCBY drawdown since its inception was -46.03%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IDCBY and VOO. For additional features, visit the drawdowns tool.
Volatility
IDCBY vs. VOO - Volatility Comparison
Industrial and Commercial Bank of China Limited (IDCBY) has a higher volatility of 6.50% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that IDCBY'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.