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MJ vs. VOOG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between MJ and VOOG is 0.40, 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.


-0.50.00.51.00.4

Performance

MJ vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Alternative Harvest ETF (MJ) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-32.38%
9.96%
MJ
VOOG

Key characteristics

Sharpe Ratio

MJ:

-0.33

VOOG:

2.08

Sortino Ratio

MJ:

-0.11

VOOG:

2.70

Omega Ratio

MJ:

0.99

VOOG:

1.38

Calmar Ratio

MJ:

-0.20

VOOG:

2.83

Martin Ratio

MJ:

-0.77

VOOG:

11.26

Ulcer Index

MJ:

24.80%

VOOG:

3.23%

Daily Std Dev

MJ:

58.40%

VOOG:

17.53%

Max Drawdown

MJ:

-93.14%

VOOG:

-32.73%

Current Drawdown

MJ:

-93.14%

VOOG:

-3.60%

Returns By Period

In the year-to-date period, MJ achieves a -24.80% return, which is significantly lower than VOOG's 35.98% return.


MJ

YTD

-24.80%

1M

-12.84%

6M

-32.38%

1Y

-17.67%

5Y*

-30.21%

10Y*

N/A

VOOG

YTD

35.98%

1M

3.05%

6M

9.15%

1Y

35.81%

5Y*

17.15%

10Y*

15.09%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


MJ vs. VOOG - Expense Ratio Comparison

MJ has a 0.75% expense ratio, which is higher than VOOG's 0.10% expense ratio.


MJ
ETFMG Alternative Harvest ETF
Expense ratio chart for MJ: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for VOOG: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

MJ vs. VOOG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Alternative Harvest ETF (MJ) and Vanguard S&P 500 Growth ETF (VOOG). 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.


Sharpe ratio
The chart of Sharpe ratio for MJ, currently valued at -0.33, compared to the broader market0.002.004.00-0.332.04
The chart of Sortino ratio for MJ, currently valued at -0.11, compared to the broader market-2.000.002.004.006.008.0010.00-0.112.66
The chart of Omega ratio for MJ, currently valued at 0.99, compared to the broader market0.501.001.502.002.503.000.991.37
The chart of Calmar ratio for MJ, currently valued at -0.20, compared to the broader market0.005.0010.0015.00-0.202.78
The chart of Martin ratio for MJ, currently valued at -0.77, compared to the broader market0.0020.0040.0060.0080.00100.00-0.7711.05
MJ
VOOG

The current MJ Sharpe Ratio is -0.33, which is lower than the VOOG Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of MJ and VOOG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.33
2.04
MJ
VOOG

Dividends

MJ vs. VOOG - Dividend Comparison

MJ's dividend yield for the trailing twelve months is around 15.21%, more than VOOG's 0.59% yield.


TTM20232022202120202019201820172016201520142013
MJ
ETFMG Alternative Harvest ETF
15.21%3.59%4.12%1.93%4.60%5.26%2.23%2.64%16.22%0.00%0.00%0.00%
VOOG
Vanguard S&P 500 Growth ETF
0.34%1.12%0.93%0.53%0.88%1.26%1.34%1.32%1.47%1.56%1.28%1.46%

Drawdowns

MJ vs. VOOG - Drawdown Comparison

The maximum MJ drawdown since its inception was -93.14%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for MJ and VOOG. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-93.14%
-3.60%
MJ
VOOG

Volatility

MJ vs. VOOG - Volatility Comparison

ETFMG Alternative Harvest ETF (MJ) has a higher volatility of 8.84% compared to Vanguard S&P 500 Growth ETF (VOOG) at 4.66%. This indicates that MJ's price experiences larger fluctuations and is considered to be riskier than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
8.84%
4.66%
MJ
VOOG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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