KCVIX vs. VOO

Last updated Jun 23, 2026

KCVIX (Knights of Columbus Large Cap Value Fund) and VOO (Vanguard S&P 500 ETF) are both funds - KCVIX is a Large Cap Value Equities fund managed by Catholic Investor, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, KCVIX returned 13.22%/yr vs 15.77%/yr for VOO. Their correlation of 0.85 suggests significant overlap in exposure. KCVIX charges 0.90%/yr vs 0.03%/yr for VOO.

Performance

KCVIX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Knights of Columbus Large Cap Value Fund (KCVIX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KCVIX achieves a 15.57% return, which is significantly higher than VOO's 9.75% return. Over the past 10 years, KCVIX has underperformed VOO with an annualized return of 13.22%, while VOO has yielded a comparatively higher 15.77% annualized return.

KCVIX

• 1D: 0.00%
• 1M: 1.99%
• YTD: 15.57%
• 6M: 14.57%
• 1Y: 29.61%
• 3Y*: 20.93%
• 5Y*: 13.53%
• 10Y*: 13.22%

VOO

• 1D: -0.29%
• 1M: 0.08%
• YTD: 9.75%
• 6M: 9.30%
• 1Y: 26.77%
• 3Y*: 21.36%
• 5Y*: 13.58%
• 10Y*: 15.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KCVIX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KCVIX Knights of Columbus Large Cap Value Fund	15.57%	17.11%	19.35%	14.97%	-8.11%	28.89%	-0.26%	28.45%	-8.72%	15.80%
VOO Vanguard S&P 500 ETF	9.75%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between KCVIX and VOO is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.85

Over the past year, the correlation between KCVIX and VOO has dropped to 0.65 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.

Return for Risk

KCVIX vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KCVIX

KCVIX Risk / Return Rank: 91
KCVIX Sharpe Ratio Rank: 93
KCVIX Sortino Ratio Rank: 91
KCVIX Omega Ratio Rank: 84
KCVIX Calmar Ratio Rank: 93
KCVIX Martin Ratio Rank: 93

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 70
VOO Sortino Ratio Rank: 67
VOO Omega Ratio Rank: 69
VOO Calmar Ratio Rank: 63
VOO Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KCVIX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Knights of Columbus Large Cap Value Fund (KCVIX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	KCVIX	VOO	Difference
Sharpe ratio: Return per unit of total volatility	2.95	2.17	+0.77
Sortino ratio: Return per unit of downside risk	4.15	2.93	+1.22
Omega ratio: Gain probability vs. loss probability	1.52	1.39	+0.13
Calmar ratio: Return relative to maximum drawdown	4.88	3.02	+1.86
Martin ratio: Return relative to average drawdown	18.43	13.58	+4.85

KCVIX vs. VOO - Sharpe Ratio Comparison

The current KCVIX Sharpe Ratio is 2.95, which is higher than the VOO Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of KCVIX and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KCVIX vs. VOO - Drawdown Comparison

The maximum KCVIX drawdown since its inception was -39.82%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for KCVIX and VOO.

Drawdown Indicators

	KCVIX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-39.82%	-33.99%	-5.83%
Max Drawdown (1Y) Largest decline over 1 year	-6.16%	-8.90%	+2.74%
Max Drawdown (3Y) Largest decline over 3 years	-15.04%	-18.69%	+3.65%
Max Drawdown (5Y) Largest decline over 5 years	-18.67%	-24.52%	+5.85%
Max Drawdown (10Y) Largest decline over 10 years	-39.82%	-33.99%	-5.83%
Current Drawdown Current decline from peak	-1.18%	-1.74%	+0.56%
Average Drawdown Average peak-to-trough decline	-4.31%	-3.68%	-0.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	1.98%	-0.35%

Volatility

KCVIX vs. VOO - Volatility Comparison

The current volatility for Knights of Columbus Large Cap Value Fund (KCVIX) is 3.13%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.60%. This indicates that KCVIX 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.

Volatility by Period

	KCVIX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.13%	4.60%	-1.47%
Volatility (6M) Calculated over the trailing 6-month period	7.98%	9.73%	-1.75%
Volatility (1Y) Calculated over the trailing 1-year period	10.19%	12.39%	-2.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	16.90%	-2.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.49%	18.05%	-0.56%

KCVIX vs. VOO - Expense Ratio Comparison

KCVIX has a 0.90% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

KCVIX vs. VOO - Dividend Comparison

KCVIX's dividend yield for the trailing twelve months is around 7.68%, more than VOO's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KCVIX Knights of Columbus Large Cap Value Fund	7.68%	8.95%	9.50%	1.21%	5.89%	5.61%	1.24%	3.31%	3.59%	2.65%	1.54%	0.00%
VOO Vanguard S&P 500 ETF	1.04%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both KCVIX and VOO in my portfolio?

KCVIX and VOO have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KCVIX or VOO?

VOO has higher volatility (4.60%) compared to KCVIX (3.13%). In terms of maximum drawdown, KCVIX dropped -39.82% vs VOO's -33.99%.

Which has better risk-adjusted returns?

KCVIX currently has the higher Sharpe Ratio (2.95 vs 2.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.