INKM vs. VOO
Compare and contrast key facts about SPDR SSgA Income Allocation ETF (INKM) and Vanguard S&P 500 ETF (VOO).
INKM and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INKM is an actively managed fund by State Street. It was launched on Apr 25, 2012. 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: INKM or VOO.
Correlation
The correlation between INKM and VOO is 0.72, 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
INKM vs. VOO - Performance Comparison
Key characteristics
INKM:
1.65
VOO:
1.76
INKM:
2.32
VOO:
2.37
INKM:
1.30
VOO:
1.32
INKM:
1.47
VOO:
2.66
INKM:
6.82
VOO:
11.10
INKM:
1.45%
VOO:
2.02%
INKM:
5.99%
VOO:
12.79%
INKM:
-28.58%
VOO:
-33.99%
INKM:
-0.94%
VOO:
-2.11%
Returns By Period
The year-to-date returns for both stocks are quite close, with INKM having a 2.46% return and VOO slightly lower at 2.40%. Over the past 10 years, INKM has underperformed VOO with an annualized return of 3.88%, while VOO has yielded a comparatively higher 13.03% annualized return.
INKM
2.46%
0.94%
1.21%
9.58%
2.71%
3.88%
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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INKM vs. VOO - Expense Ratio Comparison
INKM has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
INKM vs. VOO — Risk-Adjusted Performance Rank
INKM
VOO
INKM vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSgA Income Allocation ETF (INKM) 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
INKM vs. VOO - Dividend Comparison
INKM's dividend yield for the trailing twelve months is around 4.71%, more than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INKM SPDR SSgA Income Allocation ETF | 4.71% | 4.83% | 4.56% | 5.03% | 3.74% | 3.88% | 4.38% | 4.08% | 3.10% | 3.39% | 3.45% | 3.47% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
INKM vs. VOO - Drawdown Comparison
The maximum INKM drawdown since its inception was -28.58%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for INKM and VOO. For additional features, visit the drawdowns tool.
Volatility
INKM vs. VOO - Volatility Comparison
The current volatility for SPDR SSgA Income Allocation ETF (INKM) is 1.52%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.38%. This indicates that INKM 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.