INDEX vs. VOO
Compare and contrast key facts about Index Funds S&P 500 Equal Weight (INDEX) and Vanguard S&P 500 ETF (VOO).
INDEX is managed by Fidelity. It was launched on Mar 9, 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: INDEX or VOO.
Correlation
The correlation between INDEX and VOO is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
INDEX vs. VOO - Performance Comparison
Key characteristics
INDEX:
2.00
VOO:
2.25
INDEX:
2.66
VOO:
2.98
INDEX:
1.37
VOO:
1.42
INDEX:
3.02
VOO:
3.31
INDEX:
12.85
VOO:
14.77
INDEX:
1.97%
VOO:
1.90%
INDEX:
12.65%
VOO:
12.46%
INDEX:
-38.82%
VOO:
-33.99%
INDEX:
-4.38%
VOO:
-2.47%
Returns By Period
In the year-to-date period, INDEX achieves a 23.38% return, which is significantly lower than VOO's 26.02% return.
INDEX
23.38%
-1.49%
7.10%
23.99%
11.92%
N/A
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
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.
INDEX vs. VOO - Expense Ratio Comparison
INDEX has a 0.25% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
INDEX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Index Funds S&P 500 Equal Weight (INDEX) 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
INDEX vs. VOO - Dividend Comparison
INDEX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 0.91%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INDEX Index Funds S&P 500 Equal Weight | 0.00% | 1.56% | 1.21% | 1.09% | 1.53% | 1.61% | 1.82% | 1.15% | 1.15% | 1.19% | 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
INDEX vs. VOO - Drawdown Comparison
The maximum INDEX drawdown since its inception was -38.82%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for INDEX and VOO. For additional features, visit the drawdowns tool.
Volatility
INDEX vs. VOO - Volatility Comparison
Index Funds S&P 500 Equal Weight (INDEX) has a higher volatility of 4.24% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that INDEX'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.