ITEQ vs. VOO
Compare and contrast key facts about BlueStar Israel Technology ETF (ITEQ) and Vanguard S&P 500 ETF (VOO).
ITEQ and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ITEQ is a passively managed fund by ETFMG that tracks the performance of the BlueStar Israel Global Technology Index. It was launched on Nov 2, 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. Both ITEQ 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: ITEQ or VOO.
Key characteristics
| ITEQ | VOO | |
|---|---|---|
| YTD Return | 9.08% | 26.88% |
| 1Y Return | 29.14% | 37.59% |
| 3Y Return (Ann) | -11.38% | 10.23% |
| 5Y Return (Ann) | 3.77% | 15.93% |
| Sharpe Ratio | 1.54 | 3.06 |
| Sortino Ratio | 2.08 | 4.08 |
| Omega Ratio | 1.27 | 1.58 |
| Calmar Ratio | 0.59 | 4.43 |
| Martin Ratio | 5.49 | 20.25 |
| Ulcer Index | 5.44% | 1.85% |
| Daily Std Dev | 19.43% | 12.23% |
| Max Drawdown | -54.59% | -33.99% |
| Current Drawdown | -36.32% | -0.30% |
Correlation
The correlation between ITEQ and VOO is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ITEQ vs. VOO - Performance Comparison
In the year-to-date period, ITEQ achieves a 9.08% return, which is significantly lower than VOO's 26.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ITEQ vs. VOO - Expense Ratio Comparison
ITEQ has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
ITEQ vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlueStar Israel Technology ETF (ITEQ) 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
ITEQ vs. VOO - Dividend Comparison
ITEQ has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITEQ BlueStar Israel Technology ETF | 0.00% | 0.00% | 0.00% | 0.08% | 0.57% | 0.02% | 0.29% | 0.54% | 0.37% | 0.00% | 0.00% | 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
ITEQ vs. VOO - Drawdown Comparison
The maximum ITEQ drawdown since its inception was -54.59%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ITEQ and VOO. For additional features, visit the drawdowns tool.
Volatility
ITEQ vs. VOO - Volatility Comparison
BlueStar Israel Technology ETF (ITEQ) has a higher volatility of 4.95% compared to Vanguard S&P 500 ETF (VOO) at 3.89%. This indicates that ITEQ'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.