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

Correlation

The correlation between INVA and VOO is 0.38, 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

INVA vs. VOO - Performance Comparison

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

100.00%200.00%300.00%400.00%500.00%600.00%December2025FebruaryMarchAprilMay
78.81%
574.26%
INVA
VOO

Key characteristics

Sharpe Ratio

INVA:

1.31

VOO:

0.56

Sortino Ratio

INVA:

1.90

VOO:

0.92

Omega Ratio

INVA:

1.23

VOO:

1.13

Calmar Ratio

INVA:

0.45

VOO:

0.58

Martin Ratio

INVA:

2.99

VOO:

2.25

Ulcer Index

INVA:

7.78%

VOO:

4.83%

Daily Std Dev

INVA:

17.77%

VOO:

19.11%

Max Drawdown

INVA:

-84.32%

VOO:

-33.99%

Current Drawdown

INVA:

-41.25%

VOO:

-7.55%

Returns By Period

In the year-to-date period, INVA achieves a 8.01% return, which is significantly higher than VOO's -3.28% return. Over the past 10 years, INVA has underperformed VOO with an annualized return of 1.93%, while VOO has yielded a comparatively higher 12.40% annualized return.


INVA

YTD

8.01%

1M

7.02%

6M

-5.92%

1Y

20.67%

5Y*

6.52%

10Y*

1.93%

VOO

YTD

-3.28%

1M

13.71%

6M

-4.52%

1Y

10.70%

5Y*

15.89%

10Y*

12.40%

*Annualized

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Risk-Adjusted Performance

INVA vs. VOO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INVA
The Risk-Adjusted Performance Rank of INVA is 8181
Overall Rank
The Sharpe Ratio Rank of INVA is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of INVA is 8585
Sortino Ratio Rank
The Omega Ratio Rank of INVA is 8181
Omega Ratio Rank
The Calmar Ratio Rank of INVA is 7171
Calmar Ratio Rank
The Martin Ratio Rank of INVA is 7979
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6464
Overall Rank
The Sharpe Ratio Rank of VOO is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6262
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6464
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 6767
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

INVA vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Innoviva, Inc. (INVA) 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.


The current INVA Sharpe Ratio is 1.31, which is higher than the VOO Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of INVA 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 Ratio0.001.002.003.00December2025FebruaryMarchAprilMay
1.16
0.56
INVA
VOO

Dividends

INVA vs. VOO - Dividend Comparison

INVA has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.34%.


TTM20242023202220212020201920182017201620152014
INVA
Innoviva, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%7.12%3.53%
VOO
Vanguard S&P 500 ETF
1.34%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

INVA vs. VOO - Drawdown Comparison

The maximum INVA drawdown since its inception was -84.32%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for INVA and VOO. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-41.25%
-7.55%
INVA
VOO

Volatility

INVA vs. VOO - Volatility Comparison

The current volatility for Innoviva, Inc. (INVA) is 4.28%, while Vanguard S&P 500 ETF (VOO) has a volatility of 11.03%. This indicates that INVA 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
4.28%
11.03%
INVA
VOO