LEN-B vs. VOO

Last updated Jul 17, 2026

LEN-B (Lennar Corporation) 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, LEN-B returned 10.08%/yr vs 15.15%/yr for VOO. At a 0.50 correlation, their price movements are largely independent.

Performance

LEN-B vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lennar Corporation (LEN-B) 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, LEN-B achieves a -9.45% return, which is significantly lower than VOO's 10.72% return. Over the past 10 years, LEN-B has underperformed VOO with an annualized return of 10.08%, while VOO has yielded a comparatively higher 15.15% annualized return.

LEN-B

• 1D: 1.61%
• 1M: -2.74%
• 6M: -22.36%
• YTD: -9.45%
• 1Y: -17.49%
• 3Y*: -7.36%
• 5Y*: 4.53%
• 10Y*: 10.08%

VOO

• 1D: -0.53%
• 1M: 0.35%
• 6M: 9.07%
• YTD: 10.72%
• 1Y: 21.71%
• 3Y*: 20.11%
• 5Y*: 13.31%
• 10Y*: 15.15%

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

LEN-B vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LEN-B Lennar Corporation	-9.45%	-22.92%	-0.04%	82.02%	-20.04%	58.29%	38.63%	43.24%	-39.16%	53.36%
VOO Vanguard S&P 500 ETF	10.72%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between LEN-B and VOO is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.28
Correlation (3Y) Calculated over the trailing 3-year period	0.41
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010	0.50

Over the past year, the correlation between LEN-B and VOO has dropped to 0.28 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.

Return for Risk

LEN-B vs. VOO — Risk / Return Rank

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

LEN-B

LEN-B Risk / Return Rank: 26
LEN-B Sharpe Ratio Rank: 24
LEN-B Sortino Ratio Rank: 23
LEN-B Omega Ratio Rank: 24
LEN-B Calmar Ratio Rank: 29
LEN-B Martin Ratio Rank: 31

VOO

VOO Risk / Return Rank: 66
VOO Sharpe Ratio Rank: 66
VOO Sortino Ratio Rank: 64
VOO Omega Ratio Rank: 66
VOO Calmar Ratio Rank: 61
VOO Martin Ratio Rank: 73

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.

LEN-B vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lennar Corporation (LEN-B) 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.

	LEN-B	VOO	Difference
Sharpe ratio: Return per unit of total volatility	-0.46	1.74	-2.20
Sortino ratio: Return per unit of downside risk	-0.47	2.40	-2.87
Omega ratio: Gain probability vs. loss probability	0.95	1.32	-0.37
Calmar ratio: Return relative to maximum drawdown	-0.44	2.45	-2.89
Martin ratio: Return relative to average drawdown	-0.70	10.68	-11.38

LEN-B vs. VOO - Sharpe Ratio Comparison

The current LEN-B Sharpe Ratio is -0.46, which is lower than the VOO Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of LEN-B 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

LEN-B vs. VOO - Drawdown Comparison

The maximum LEN-B drawdown since its inception was -95.76%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LEN-B and VOO.

Drawdown Indicators

	LEN-B	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-95.76%	-33.99%	-61.77%
Max Drawdown (1Y) Largest decline over 1 year	-40.29%	-8.90%	-31.39%
Max Drawdown (3Y) Largest decline over 3 years	-50.66%	-18.69%	-31.97%
Max Drawdown (5Y) Largest decline over 5 years	-50.66%	-24.52%	-26.14%
Max Drawdown (10Y) Largest decline over 10 years	-62.05%	-33.99%	-28.06%
Current Drawdown Current decline from peak	-47.62%	-0.88%	-46.74%
Average Drawdown Average peak-to-trough decline	-34.84%	-3.67%	-31.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.94%	2.04%	+22.90%

Volatility

LEN-B vs. VOO - Volatility Comparison

Lennar Corporation (LEN-B) has a higher volatility of 11.96% compared to Vanguard S&P 500 ETF (VOO) at 3.48%. This indicates that LEN-B'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.

Volatility by Period

	LEN-B	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.96%	3.48%	+8.48%
Volatility (6M) Calculated over the trailing 6-month period	26.42%	9.98%	+16.44%
Volatility (1Y) Calculated over the trailing 1-year period	38.29%	12.52%	+25.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.96%	16.92%	+18.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.10%	17.99%	+20.11%

Dividends

LEN-B vs. VOO - Dividend Comparison

LEN-B's dividend yield for the trailing twelve months is around 2.36%, more than VOO's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LEN-B Lennar Corporation	2.36%	2.10%	1.51%	1.12%	2.01%	1.05%	1.02%	0.36%	0.51%	0.30%	0.46%	0.40%
VOO Vanguard S&P 500 ETF	1.06%	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 LEN-B and VOO in my portfolio?

LEN-B and VOO have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LEN-B or VOO?

LEN-B has higher volatility (11.96%) compared to VOO (3.48%). In terms of maximum drawdown, LEN-B dropped -95.76% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.74 vs -0.46), 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.