LIZIX vs. VOO
Compare and contrast key facts about BlackRock LifePath Index 2060 Fund (LIZIX) and Vanguard S&P 500 ETF (VOO).
LIZIX is managed by Blackrock. It was launched on Feb 28, 2016. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIZIX or VOO.
Key characteristics
| LIZIX | VOO | |
|---|---|---|
| YTD Return | 14.76% | 19.30% |
| 1Y Return | 23.54% | 28.36% |
| 3Y Return (Ann) | 5.66% | 10.06% |
| 5Y Return (Ann) | 10.86% | 15.26% |
| Sharpe Ratio | 1.90 | 2.26 |
| Daily Std Dev | 12.30% | 12.63% |
| Max Drawdown | -34.39% | -33.99% |
| Current Drawdown | -0.28% | -0.28% |
Correlation
The correlation between LIZIX and VOO is 0.95, 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
LIZIX vs. VOO - Performance Comparison
In the year-to-date period, LIZIX achieves a 14.76% return, which is significantly lower than VOO's 19.30% 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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LIZIX vs. VOO - Expense Ratio Comparison
LIZIX has a 0.10% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
LIZIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2060 Fund (LIZIX) 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
LIZIX vs. VOO - Dividend Comparison
LIZIX's dividend yield for the trailing twelve months is around 0.94%, less than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIZIX BlackRock LifePath Index 2060 Fund | 0.94% | 2.01% | 1.81% | 1.97% | 1.53% | 2.49% | 2.22% | 2.04% | 1.62% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
LIZIX vs. VOO - Drawdown Comparison
The maximum LIZIX drawdown since its inception was -34.39%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LIZIX and VOO. For additional features, visit the drawdowns tool.
Volatility
LIZIX vs. VOO - Volatility Comparison
BlackRock LifePath Index 2060 Fund (LIZIX) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.91% and 3.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.