MERIX vs. VOO
Compare and contrast key facts about The Merger Fund Class I (MERIX) and Vanguard S&P 500 ETF (VOO).
MERIX is managed by Virtus Investment Partners. It was launched on Aug 1, 2013. 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.
Performance
MERIX vs. VOO - Performance Comparison
Loading graphics...
MERIX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MERIX The Merger Fund Class I | 0.59% | 8.41% | 3.54% | 4.51% | 1.01% | 0.10% | 5.14% | 6.32% | 7.98% | 2.74% |
VOO Vanguard S&P 500 ETF | -4.42% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, MERIX achieves a 0.59% return, which is significantly higher than VOO's -4.42% return. Over the past 10 years, MERIX has underperformed VOO with an annualized return of 4.19%, while VOO has yielded a comparatively higher 14.05% annualized return.
MERIX
- 1D
- 0.06%
- 1M
- 0.06%
- YTD
- 0.59%
- 6M
- 2.05%
- 1Y
- 6.59%
- 3Y*
- 5.63%
- 5Y*
- 3.40%
- 10Y*
- 4.19%
VOO
- 1D
- 2.86%
- 1M
- -5.01%
- YTD
- -4.42%
- 6M
- -1.84%
- 1Y
- 17.67%
- 3Y*
- 18.27%
- 5Y*
- 11.75%
- 10Y*
- 14.05%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MERIX vs. VOO - Expense Ratio Comparison
MERIX has a 1.32% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
MERIX vs. VOO — Risk / Return Rank
MERIX
VOO
MERIX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Merger Fund Class I (MERIX) 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.
| MERIX | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 4.51 | 0.98 | +3.53 |
Sortino ratioReturn per unit of downside risk | 8.79 | 1.50 | +7.29 |
Omega ratioGain probability vs. loss probability | 2.18 | 1.23 | +0.95 |
Calmar ratioReturn relative to maximum drawdown | 14.49 | 1.53 | +12.95 |
Martin ratioReturn relative to average drawdown | 63.54 | 7.29 | +56.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MERIX | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.51 | 0.98 | +3.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.70 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.09 | 0.78 | +0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 0.83 | +0.11 |
Correlation
The correlation between MERIX and VOO is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
MERIX vs. VOO - Dividend Comparison
MERIX's dividend yield for the trailing twelve months is around 7.91%, more than VOO's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MERIX The Merger Fund Class I | 7.91% | 7.95% | 3.75% | 2.91% | 4.75% | 0.27% | 3.64% | 1.34% | 4.85% | 0.98% | 0.89% | 1.63% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
MERIX vs. VOO - Drawdown Comparison
The maximum MERIX drawdown since its inception was -9.33%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MERIX and VOO.
Loading graphics...
Drawdown Indicators
| MERIX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.33% | -33.99% | +24.66% |
Max Drawdown (1Y)Largest decline over 1 year | -0.47% | -11.98% | +11.51% |
Max Drawdown (5Y)Largest decline over 5 years | -5.68% | -24.52% | +18.84% |
Max Drawdown (10Y)Largest decline over 10 years | -9.33% | -33.99% | +24.66% |
Current DrawdownCurrent decline from peak | -0.12% | -6.29% | +6.17% |
Average DrawdownAverage peak-to-trough decline | -1.04% | -3.72% | +2.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.11% | 2.52% | -2.41% |
Volatility
MERIX vs. VOO - Volatility Comparison
The current volatility for The Merger Fund Class I (MERIX) is 0.44%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.29%. This indicates that MERIX 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.
Loading graphics...
Volatility by Period
| MERIX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.44% | 5.29% | -4.85% |
Volatility (6M)Calculated over the trailing 6-month period | 0.95% | 9.44% | -8.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.51% | 18.10% | -16.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.65% | 16.82% | -13.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.86% | 17.99% | -14.13% |