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MMM vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

MMM vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 3M Company (MMM) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
29.11%
12.85%
MMM
VOO

Returns By Period

In the year-to-date period, MMM achieves a 44.12% return, which is significantly higher than VOO's 26.16% return. Over the past 10 years, MMM has underperformed VOO with an annualized return of 2.93%, while VOO has yielded a comparatively higher 13.18% annualized return.


MMM

YTD

44.12%

1M

-2.83%

6M

29.32%

1Y

65.20%

5Y (annualized)

2.15%

10Y (annualized)

2.93%

VOO

YTD

26.16%

1M

1.77%

6M

13.62%

1Y

32.33%

5Y (annualized)

15.68%

10Y (annualized)

13.18%

Key characteristics


MMMVOO
Sharpe Ratio2.002.70
Sortino Ratio3.423.60
Omega Ratio1.491.50
Calmar Ratio1.233.90
Martin Ratio10.9717.65
Ulcer Index6.16%1.86%
Daily Std Dev33.75%12.19%
Max Drawdown-59.10%-33.99%
Current Drawdown-23.53%-0.86%

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Correlation

-0.50.00.51.00.7

The correlation between MMM and VOO is 0.65, 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.

Risk-Adjusted Performance

MMM vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for 3M Company (MMM) 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.


Sharpe ratio
The chart of Sharpe ratio for MMM, currently valued at 2.00, compared to the broader market-4.00-2.000.002.004.002.002.70
The chart of Sortino ratio for MMM, currently valued at 3.42, compared to the broader market-4.00-2.000.002.004.003.423.60
The chart of Omega ratio for MMM, currently valued at 1.49, compared to the broader market0.501.001.502.001.491.50
The chart of Calmar ratio for MMM, currently valued at 1.23, compared to the broader market0.002.004.006.001.233.90
The chart of Martin ratio for MMM, currently valued at 10.97, compared to the broader market0.0010.0020.0030.0010.9717.65
MMM
VOO

The current MMM Sharpe Ratio is 2.00, which is comparable to the VOO Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of MMM and VOO, 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 Ratio0.501.001.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
2.00
2.70
MMM
VOO

Dividends

MMM vs. VOO - Dividend Comparison

MMM's dividend yield for the trailing twelve months is around 2.64%, more than VOO's 1.24% yield.


TTM20232022202120202019201820172016201520142013
MMM
3M Company
2.64%5.49%4.97%3.33%3.36%3.26%2.86%2.00%2.49%2.72%2.08%1.81%
VOO
Vanguard S&P 500 ETF
1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

MMM vs. VOO - Drawdown Comparison

The maximum MMM drawdown since its inception was -59.10%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MMM and VOO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-23.53%
-0.86%
MMM
VOO

Volatility

MMM vs. VOO - Volatility Comparison

3M Company (MMM) has a higher volatility of 8.68% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. This indicates that MMM'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.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
8.68%
3.99%
MMM
VOO