MATIC-USD vs. VOO
Compare and contrast key facts about MaticNetwork (MATIC-USD) and Vanguard S&P 500 ETF (VOO).
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: MATIC-USD or VOO.
Key characteristics
| MATIC-USD | VOO | |
|---|---|---|
| YTD Return | -28.46% | 11.61% |
| 1Y Return | -21.78% | 29.33% |
| 3Y Return (Ann) | -25.88% | 10.04% |
| 5Y Return (Ann) | 124.11% | 15.01% |
| Sharpe Ratio | 0.49 | 2.66 |
| Daily Std Dev | 63.08% | 11.60% |
| Max Drawdown | -87.98% | -33.99% |
| Current Drawdown | -75.93% | -0.19% |
Correlation
The correlation between MATIC-USD and VOO is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MATIC-USD vs. VOO - Performance Comparison
In the year-to-date period, MATIC-USD achieves a -28.46% return, which is significantly lower than VOO's 11.61% 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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Risk-Adjusted Performance
MATIC-USD vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MaticNetwork (MATIC-USD) 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.
Drawdowns
MATIC-USD vs. VOO - Drawdown Comparison
The maximum MATIC-USD drawdown since its inception was -87.98%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MATIC-USD and VOO. For additional features, visit the drawdowns tool.
Volatility
MATIC-USD vs. VOO - Volatility Comparison
MaticNetwork (MATIC-USD) has a higher volatility of 18.41% compared to Vanguard S&P 500 ETF (VOO) at 3.53%. This indicates that MATIC-USD'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.