KVLE vs. VOO
Compare and contrast key facts about KFA Value Liner Dynamic Core Equity Index ETF (KVLE) and Vanguard S&P 500 ETF (VOO).
KVLE and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KVLE is a passively managed fund by CICC that tracks the performance of the 3D/L Value Line Dynamic Core Equity Index. It was launched on Nov 24, 2020. 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 KVLE 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: KVLE or VOO.
Key characteristics
| KVLE | VOO | |
|---|---|---|
| YTD Return | 2.74% | 7.94% |
| 1Y Return | 10.82% | 28.21% |
| 3Y Return (Ann) | 5.02% | 8.82% |
| Sharpe Ratio | 0.84 | 2.33 |
| Daily Std Dev | 11.35% | 11.70% |
| Max Drawdown | -18.38% | -33.99% |
| Current Drawdown | -2.53% | -2.36% |
Correlation
The correlation between KVLE and VOO is 0.83, 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
KVLE vs. VOO - Performance Comparison
In the year-to-date period, KVLE achieves a 2.74% return, which is significantly lower than VOO's 7.94% 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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KVLE vs. VOO - Expense Ratio Comparison
KVLE has a 0.56% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
KVLE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KFA Value Liner Dynamic Core Equity Index ETF (KVLE) 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
KVLE vs. VOO - Dividend Comparison
KVLE's dividend yield for the trailing twelve months is around 2.72%, more than VOO's 1.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KVLE KFA Value Liner Dynamic Core Equity Index ETF | 2.72% | 2.53% | 5.78% | 9.51% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.36% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
KVLE vs. VOO - Drawdown Comparison
The maximum KVLE drawdown since its inception was -18.38%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for KVLE and VOO. For additional features, visit the drawdowns tool.
Volatility
KVLE vs. VOO - Volatility Comparison
The current volatility for KFA Value Liner Dynamic Core Equity Index ETF (KVLE) is 3.57%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.09%. This indicates that KVLE 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.