IRDM vs. VOO
Compare and contrast key facts about Iridium Communications Inc. (IRDM) and Vanguard S&P 500 ETF (VOO).
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: IRDM or VOO.
Correlation
The correlation between IRDM and VOO is 0.45, 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
IRDM vs. VOO - Performance Comparison
Key characteristics
IRDM:
-0.12
VOO:
1.98
IRDM:
0.13
VOO:
2.65
IRDM:
1.02
VOO:
1.36
IRDM:
-0.08
VOO:
2.98
IRDM:
-0.28
VOO:
12.44
IRDM:
18.78%
VOO:
2.02%
IRDM:
42.68%
VOO:
12.69%
IRDM:
-62.89%
VOO:
-33.99%
IRDM:
-51.65%
VOO:
0.00%
Returns By Period
In the year-to-date period, IRDM achieves a 8.99% return, which is significantly higher than VOO's 4.06% return. Both investments have delivered pretty close results over the past 10 years, with IRDM having a 13.10% annualized return and VOO not far ahead at 13.32%.
IRDM
8.99%
12.32%
18.06%
7.03%
1.08%
13.10%
VOO
4.06%
2.04%
10.75%
23.75%
14.44%
13.32%
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Risk-Adjusted Performance
IRDM vs. VOO — Risk-Adjusted Performance Rank
IRDM
VOO
IRDM vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Iridium Communications Inc. (IRDM) 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
IRDM vs. VOO - Dividend Comparison
IRDM's dividend yield for the trailing twelve months is around 1.74%, more than VOO's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRDM Iridium Communications Inc. | 1.74% | 1.90% | 1.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
IRDM vs. VOO - Drawdown Comparison
The maximum IRDM drawdown since its inception was -62.89%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IRDM and VOO. For additional features, visit the drawdowns tool.
Volatility
IRDM vs. VOO - Volatility Comparison
Iridium Communications Inc. (IRDM) has a higher volatility of 18.16% compared to Vanguard S&P 500 ETF (VOO) at 3.13%. This indicates that IRDM'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.