IOFIX vs. VOO
Compare and contrast key facts about AlphaCentric Income Opportunities Fund (IOFIX) and Vanguard S&P 500 ETF (VOO).
IOFIX is managed by AlphaCentric Funds. It was launched on May 27, 2015. 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.
Performance
IOFIX vs. VOO - Performance Comparison
Loading graphics...
IOFIX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IOFIX AlphaCentric Income Opportunities Fund | -0.00% | 8.34% | -0.35% | -5.52% | -21.68% | 14.92% | -10.56% | 11.93% | 4.45% | 14.04% |
VOO Vanguard S&P 500 ETF | -4.42% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
Over the past 10 years, IOFIX has underperformed VOO with an annualized return of 1.81%, while VOO has yielded a comparatively higher 14.05% annualized return.
IOFIX
- 1D
- 0.98%
- 1M
- -1.48%
- YTD
- -0.00%
- 6M
- 1.61%
- 1Y
- 7.75%
- 3Y*
- 1.50%
- 5Y*
- -2.73%
- 10Y*
- 1.81%
VOO
- 1D
- 2.86%
- 1M
- -5.01%
- YTD
- -4.42%
- 6M
- -1.84%
- 1Y
- 17.67%
- 3Y*
- 18.27%
- 5Y*
- 11.75%
- 10Y*
- 14.05%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IOFIX vs. VOO - Expense Ratio Comparison
IOFIX has a 1.65% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
IOFIX vs. VOO — Risk / Return Rank
IOFIX
VOO
IOFIX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AlphaCentric Income Opportunities Fund (IOFIX) 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.
| IOFIX | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.55 | 0.98 | +0.57 |
Sortino ratioReturn per unit of downside risk | 2.39 | 1.50 | +0.89 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.23 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.08 | 1.53 | +0.54 |
Martin ratioReturn relative to average drawdown | 6.71 | 7.29 | -0.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IOFIX | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 0.98 | +0.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.58 | 0.70 | -1.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | 0.78 | -0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.20 | 0.83 | -0.63 |
Correlation
The correlation between IOFIX and VOO is 0.08, 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.
Dividends
IOFIX vs. VOO - Dividend Comparison
IOFIX's dividend yield for the trailing twelve months is around 8.29%, more than VOO's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IOFIX AlphaCentric Income Opportunities Fund | 8.29% | 7.44% | 8.16% | 7.52% | 5.51% | 3.94% | 4.76% | 4.70% | 5.06% | 4.83% | 4.97% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
IOFIX vs. VOO - Drawdown Comparison
The maximum IOFIX drawdown since its inception was -45.49%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IOFIX and VOO.
Loading graphics...
Drawdown Indicators
| IOFIX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.49% | -33.99% | -11.50% |
Max Drawdown (1Y)Largest decline over 1 year | -3.80% | -11.98% | +8.18% |
Max Drawdown (5Y)Largest decline over 5 years | -30.50% | -24.52% | -5.98% |
Max Drawdown (10Y)Largest decline over 10 years | -45.49% | -33.99% | -11.50% |
Current DrawdownCurrent decline from peak | -20.47% | -6.29% | -14.18% |
Average DrawdownAverage peak-to-trough decline | -11.62% | -3.72% | -7.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.18% | 2.52% | -1.34% |
Volatility
IOFIX vs. VOO - Volatility Comparison
The current volatility for AlphaCentric Income Opportunities Fund (IOFIX) is 1.70%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.29%. This indicates that IOFIX 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.
Loading graphics...
Volatility by Period
| IOFIX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.70% | 5.29% | -3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | 9.44% | -6.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.83% | 18.10% | -13.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.73% | 16.82% | -12.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.26% | 17.99% | -8.73% |