IPOS vs. VOO
Compare and contrast key facts about Renaissance International IPO ETF (IPOS) and Vanguard S&P 500 ETF (VOO).
IPOS and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IPOS is a passively managed fund by Renaissance Capital that tracks the performance of the Renaissance International IPO Index. It was launched on Oct 6, 2014. 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. Both IPOS and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IPOS or VOO.
Correlation
The correlation between IPOS and VOO is 0.44, 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.
Performance
IPOS vs. VOO - Performance Comparison
Key characteristics
IPOS:
-0.50
VOO:
2.22
IPOS:
-0.58
VOO:
2.95
IPOS:
0.93
VOO:
1.42
IPOS:
-0.15
VOO:
3.27
IPOS:
-1.00
VOO:
14.57
IPOS:
10.32%
VOO:
1.90%
IPOS:
20.59%
VOO:
12.47%
IPOS:
-70.23%
VOO:
-33.99%
IPOS:
-69.18%
VOO:
-1.77%
Returns By Period
In the year-to-date period, IPOS achieves a -11.01% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, IPOS has underperformed VOO with an annualized return of -4.73%, while VOO has yielded a comparatively higher 13.12% annualized return.
IPOS
-11.01%
2.12%
-4.94%
-9.29%
-12.12%
-4.73%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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IPOS vs. VOO - Expense Ratio Comparison
IPOS has a 0.80% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
IPOS vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Renaissance International IPO ETF (IPOS) 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
IPOS vs. VOO - Dividend Comparison
IPOS's dividend yield for the trailing twelve months is around 0.91%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPOS Renaissance International IPO ETF | 0.91% | 0.33% | 0.00% | 0.00% | 0.25% | 0.89% | 5.40% | 0.87% | 1.73% | 1.08% | 0.16% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
IPOS vs. VOO - Drawdown Comparison
The maximum IPOS drawdown since its inception was -70.23%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IPOS and VOO. For additional features, visit the drawdowns tool.
Volatility
IPOS vs. VOO - Volatility Comparison
Renaissance International IPO ETF (IPOS) has a higher volatility of 5.48% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that IPOS'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.