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:
2.23
VOO:
1.88
IDCBY:
2.95
VOO:
2.53
IDCBY:
1.41
VOO:
1.35
IDCBY:
2.67
VOO:
2.81
IDCBY:
14.18
VOO:
11.78
IDCBY:
4.28%
VOO:
2.02%
IDCBY:
27.22%
VOO:
12.67%
IDCBY:
-46.05%
VOO:
-33.99%
IDCBY:
-1.65%
VOO:
0.00%
Returns By Period
In the year-to-date period, IDCBY achieves a 10.09% return, which is significantly higher than VOO's 4.61% return. Over the past 10 years, IDCBY has underperformed VOO with an annualized return of 6.65%, while VOO has yielded a comparatively higher 13.30% annualized return.
IDCBY
10.09%
12.87%
24.03%
57.03%
8.48%
6.65%
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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Risk-Adjusted Performance
IDCBY vs. VOO — Risk-Adjusted Performance Rank
IDCBY
VOO
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 8.66%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDCBY Industrial and Commercial Bank of China Limited | 8.66% | 6.29% | 8.64% | 8.51% | 7.37% | 5.73% | 4.70% | 5.33% | 4.23% | 6.00% | 6.81% | 5.77% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
IDCBY vs. VOO - Drawdown Comparison
The maximum IDCBY drawdown since its inception was -46.05%, 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 5.66% compared to Vanguard S&P 500 ETF (VOO) at 3.01%. 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.