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IDXX vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IDXX and VOO is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

IDXX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IDEXX Laboratories, Inc. (IDXX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

600.00%800.00%1,000.00%1,200.00%1,400.00%1,600.00%1,800.00%JulyAugustSeptemberOctoberNovemberDecember
1,337.95%
602.93%
IDXX
VOO

Key characteristics

Sharpe Ratio

IDXX:

-0.87

VOO:

2.25

Sortino Ratio

IDXX:

-1.16

VOO:

2.98

Omega Ratio

IDXX:

0.86

VOO:

1.42

Calmar Ratio

IDXX:

-0.56

VOO:

3.31

Martin Ratio

IDXX:

-1.51

VOO:

14.77

Ulcer Index

IDXX:

15.68%

VOO:

1.90%

Daily Std Dev

IDXX:

27.15%

VOO:

12.46%

Max Drawdown

IDXX:

-81.46%

VOO:

-33.99%

Current Drawdown

IDXX:

-41.59%

VOO:

-2.47%

Returns By Period

In the year-to-date period, IDXX achieves a -25.73% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, IDXX has outperformed VOO with an annualized return of 18.84%, while VOO has yielded a comparatively lower 13.08% annualized return.


IDXX

YTD

-25.73%

1M

-1.52%

6M

-16.84%

1Y

-25.40%

5Y*

9.54%

10Y*

18.84%

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

IDXX vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for IDEXX Laboratories, Inc. (IDXX) 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.


Sharpe ratio
The chart of Sharpe ratio for IDXX, currently valued at -0.87, compared to the broader market-4.00-2.000.002.00-0.872.25
The chart of Sortino ratio for IDXX, currently valued at -1.16, compared to the broader market-4.00-2.000.002.004.00-1.162.98
The chart of Omega ratio for IDXX, currently valued at 0.86, compared to the broader market0.501.001.502.000.861.42
The chart of Calmar ratio for IDXX, currently valued at -0.56, compared to the broader market0.002.004.006.00-0.563.31
The chart of Martin ratio for IDXX, currently valued at -1.51, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.5114.77
IDXX
VOO

The current IDXX Sharpe Ratio is -0.87, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of IDXX and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.87
2.25
IDXX
VOO

Dividends

IDXX vs. VOO - Dividend Comparison

IDXX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 0.91%.


TTM20232022202120202019201820172016201520142013
IDXX
IDEXX Laboratories, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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

IDXX vs. VOO - Drawdown Comparison

The maximum IDXX drawdown since its inception was -81.46%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IDXX and VOO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-41.59%
-2.47%
IDXX
VOO

Volatility

IDXX vs. VOO - Volatility Comparison

IDEXX Laboratories, Inc. (IDXX) has a higher volatility of 7.99% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that IDXX'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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.99%
3.75%
IDXX
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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