LAZ vs. VOO
LAZ (Lazard Ltd) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, LAZ returned 7.87%/yr vs 15.17%/yr for VOO. Their 0.60 correlation means they have sometimes moved together and sometimes differently.
Performance
LAZ vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, LAZ achieves a -8.24% return, which is significantly lower than VOO's 11.72% return. Over the past 10 years, LAZ has underperformed VOO with an annualized return of 7.87%, while VOO has yielded a comparatively higher 15.17% annualized return.
LAZ
- 1D
- 3.13%
- 1M
- 5.21%
- 6M
- -17.18%
- YTD
- -8.24%
- 1Y
- -9.40%
- 3Y*
- 13.80%
- 5Y*
- 3.26%
- 10Y*
- 7.87%
- ALL TIME*
- 6.58%
VOO
- 1D
- 1.42%
- 1M
- 1.69%
- 6M
- 9.53%
- YTD
- 11.72%
- 1Y
- 23.30%
- 3Y*
- 20.85%
- 5Y*
- 13.12%
- 10Y*
- 15.17%
- ALL TIME*
- 14.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
LAZ Lazard Ltd | $87.44M | $78.53M | $92.99M |
| $3.97B | $3.80B | $5.49B |
LAZ vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LAZ Lazard Ltd | -8.24% | -1.64% | 54.83% | 6.92% | -16.21% | 7.41% | 12.08% | 15.22% | -25.38% | 36.20% |
VOO Vanguard S&P 500 ETF | 11.72% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between LAZ and VOO is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.60 |
The correlation between LAZ and VOO has been stable across timeframes, ranging from 0.51 to 0.60 - a consistent structural relationship.
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Return for Risk
LAZ vs. VOO — Risk / Return Rank
LAZ
VOO
LAZ vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Ltd (LAZ) 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.
| LAZ | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.06 | ||
| Sortino ratioReturn per unit of downside risk | -2.58 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.33 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | 2.63 | -2.93 |
| Martin ratioReturn relative to average drawdown | -0.57 | 11.23 | -11.81 |
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Drawdowns
LAZ vs. VOO - Drawdown Comparison
The maximum LAZ drawdown since its inception was -62.72%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LAZ and VOO.
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Drawdown Indicators
| LAZ | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.72% | -33.99% | -28.73% |
Max Drawdown (1Y)Largest decline over 1 year | -31.39% | -8.90% | -22.49% |
Max Drawdown (3Y)Largest decline over 3 years | -44.24% | -18.69% | -25.55% |
Max Drawdown (5Y)Largest decline over 5 years | -44.24% | -24.52% | -19.72% |
Max Drawdown (10Y)Largest decline over 10 years | -59.51% | -33.99% | -25.52% |
Current DrawdownCurrent decline from peak | -23.19% | 0.00% | -23.19% |
Average DrawdownAverage peak-to-trough decline | -23.51% | -3.67% | -19.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.42% | 2.08% | +14.34% |
Volatility
LAZ vs. VOO - Volatility Comparison
Lazard Ltd (LAZ) has a higher volatility of 13.66% compared to Vanguard S&P 500 ETF (VOO) at 3.81%. This indicates that LAZ'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.
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Volatility by Period
| LAZ | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.66% | 3.81% | +9.85% |
Volatility (6M)Calculated over the trailing 6-month period | 34.84% | 10.18% | +24.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.94% | 12.80% | +28.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.71% | 16.95% | +20.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.00% | 18.02% | +17.98% |
Dividends
LAZ vs. VOO - Dividend Comparison
LAZ's dividend yield for the trailing twelve months is around 5.79%, more than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAZ Lazard Ltd | 5.79% | 4.12% | 3.89% | 5.75% | 5.60% | 4.31% | 4.44% | 5.88% | 8.21% | 5.35% | 6.55% | 5.22% |
VOO Vanguard S&P 500 ETF | 1.05% | 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
LAZ and VOO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LAZ has higher volatility (13.66%) compared to VOO (3.81%). In terms of maximum drawdown, LAZ dropped -62.72% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.83 vs -0.23), 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.
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