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

Key characteristics


IRWDVOO
YTD Return-60.49%18.91%
1Y Return-51.19%28.20%
3Y Return (Ann)-28.53%9.93%
5Y Return (Ann)-13.79%15.31%
10Y Return (Ann)-8.14%12.87%
Sharpe Ratio-0.662.21
Daily Std Dev72.17%12.64%
Max Drawdown-77.43%-33.99%
Current Drawdown-74.37%-0.60%

Correlation

-0.50.00.51.00.4

The correlation between IRWD and VOO is 0.37, 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

IRWD vs. VOO - Performance Comparison

In the year-to-date period, IRWD achieves a -60.49% return, which is significantly lower than VOO's 18.91% return. Over the past 10 years, IRWD has underperformed VOO with an annualized return of -8.14%, while VOO has yielded a comparatively higher 12.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%AprilMayJuneJulyAugustSeptember
-49.95%
7.91%
IRWD
VOO

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Risk-Adjusted Performance

IRWD vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ironwood Pharmaceuticals, Inc. (IRWD) 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.


IRWD
Sharpe ratio
The chart of Sharpe ratio for IRWD, currently valued at -0.66, compared to the broader market-4.00-2.000.002.00-0.66
Sortino ratio
The chart of Sortino ratio for IRWD, currently valued at -0.56, compared to the broader market-6.00-4.00-2.000.002.004.00-0.56
Omega ratio
The chart of Omega ratio for IRWD, currently valued at 0.90, compared to the broader market0.501.001.502.000.90
Calmar ratio
The chart of Calmar ratio for IRWD, currently valued at -0.61, compared to the broader market0.001.002.003.004.005.00-0.61
Martin ratio
The chart of Martin ratio for IRWD, currently valued at -1.11, compared to the broader market-10.00-5.000.005.0010.0015.0020.00-1.11
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.21, compared to the broader market-4.00-2.000.002.002.21
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 2.98, compared to the broader market-6.00-4.00-2.000.002.004.002.98
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.40, compared to the broader market0.501.001.502.001.40
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 2.41, compared to the broader market0.001.002.003.004.005.002.41
Martin ratio
The chart of Martin ratio for VOO, currently valued at 12.12, compared to the broader market-10.00-5.000.005.0010.0015.0020.0012.12

IRWD vs. VOO - Sharpe Ratio Comparison

The current IRWD Sharpe Ratio is -0.66, which is lower than the VOO Sharpe Ratio of 2.21. The chart below compares the 12-month rolling Sharpe Ratio of IRWD and VOO.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00AprilMayJuneJulyAugustSeptember
-0.66
2.21
IRWD
VOO

Dividends

IRWD vs. VOO - Dividend Comparison

IRWD has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.28%.


TTM20232022202120202019201820172016201520142013
IRWD
Ironwood Pharmaceuticals, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.28%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

IRWD vs. VOO - Drawdown Comparison

The maximum IRWD drawdown since its inception was -77.43%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for IRWD and VOO. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%AprilMayJuneJulyAugustSeptember
-74.37%
-0.60%
IRWD
VOO

Volatility

IRWD vs. VOO - Volatility Comparison

Ironwood Pharmaceuticals, Inc. (IRWD) has a higher volatility of 21.74% compared to Vanguard S&P 500 ETF (VOO) at 3.83%. This indicates that IRWD'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.


0.00%10.00%20.00%30.00%40.00%50.00%AprilMayJuneJulyAugustSeptember
21.74%
3.83%
IRWD
VOO