LEGR vs. VOO
Compare and contrast key facts about First Trust Indxx Innovative Transaction & Process ETF (LEGR) and Vanguard S&P 500 ETF (VOO).
LEGR and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LEGR is a passively managed fund by First Trust that tracks the performance of the Indxx Blockchain Index. It was launched on Jan 24, 2018. 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 LEGR 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: LEGR or VOO.
Performance
LEGR vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, LEGR achieves a 15.77% return, which is significantly lower than VOO's 25.48% return.
LEGR
15.77%
-2.66%
6.44%
23.22%
11.05%
N/A
VOO
25.48%
0.99%
11.84%
31.84%
15.62%
13.15%
Key characteristics
| LEGR | VOO | |
|---|---|---|
| Sharpe Ratio | 1.81 | 2.69 |
| Sortino Ratio | 2.51 | 3.59 |
| Omega Ratio | 1.31 | 1.50 |
| Calmar Ratio | 2.27 | 3.89 |
| Martin Ratio | 12.61 | 17.64 |
| Ulcer Index | 1.94% | 1.86% |
| Daily Std Dev | 13.55% | 12.20% |
| Max Drawdown | -36.12% | -33.99% |
| Current Drawdown | -2.66% | -1.40% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LEGR vs. VOO - Expense Ratio Comparison
LEGR has a 0.65% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between LEGR and VOO is 0.84, 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.
Risk-Adjusted Performance
LEGR vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Indxx Innovative Transaction & Process ETF (LEGR) 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
LEGR vs. VOO - Dividend Comparison
LEGR's dividend yield for the trailing twelve months is around 2.29%, more than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEGR First Trust Indxx Innovative Transaction & Process ETF | 2.29% | 2.56% | 2.64% | 1.80% | 0.95% | 2.04% | 1.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
LEGR vs. VOO - Drawdown Comparison
The maximum LEGR drawdown since its inception was -36.12%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LEGR and VOO. For additional features, visit the drawdowns tool.
Volatility
LEGR vs. VOO - Volatility Comparison
The current volatility for First Trust Indxx Innovative Transaction & Process ETF (LEGR) is 3.70%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.10%. This indicates that LEGR 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.