MAYT vs. VOO
Compare and contrast key facts about AllianzIM U.S. Large Cap Buffer10 May ETF (MAYT) and Vanguard S&P 500 ETF (VOO).
MAYT and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MAYT is an actively managed fund by Allianz. It was launched on Apr 28, 2023. 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: MAYT or VOO.
Key characteristics
| MAYT | VOO | |
|---|---|---|
| YTD Return | 14.55% | 18.91% |
| 1Y Return | 21.55% | 28.20% |
| Sharpe Ratio | 2.88 | 2.21 |
| Daily Std Dev | 7.45% | 12.64% |
| Max Drawdown | -6.71% | -33.99% |
| Current Drawdown | -0.14% | -0.60% |
Correlation
The correlation between MAYT 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
MAYT vs. VOO - Performance Comparison
In the year-to-date period, MAYT achieves a 14.55% return, which is significantly lower than VOO's 18.91% 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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MAYT vs. VOO - Expense Ratio Comparison
MAYT has a 0.74% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MAYT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer10 May ETF (MAYT) 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
MAYT vs. VOO - Dividend Comparison
MAYT has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.28%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAYT AllianzIM U.S. Large Cap Buffer10 May ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 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
MAYT vs. VOO - Drawdown Comparison
The maximum MAYT drawdown since its inception was -6.71%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MAYT and VOO. For additional features, visit the drawdowns tool.
Volatility
MAYT vs. VOO - Volatility Comparison
The current volatility for AllianzIM U.S. Large Cap Buffer10 May ETF (MAYT) is 2.26%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.83%. This indicates that MAYT 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.