MORN vs. VOOG
MORN (Morningstar, Inc.) is a stock, while VOOG (Vanguard S&P 500 Growth ETF) is S&P 500 fund tracking the S&P 500 Growth Index. Over the past 10 years, MORN returned 9.55%/yr vs 17.31%/yr for VOOG. Their 0.50 correlation means they have sometimes moved together and sometimes differently.
Performance
MORN vs. VOOG - Performance Comparison
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Returns By Period
In the year-to-date period, MORN achieves a -10.65% return, which is significantly lower than VOOG's 9.98% return. Over the past 10 years, MORN has underperformed VOOG with an annualized return of 9.55%, while VOOG has yielded a comparatively higher 17.31% annualized return.
MORN
- 1D
- -0.28%
- 1M
- 16.40%
- 6M
- -4.14%
- YTD
- -10.65%
- 1Y
- -28.58%
- 3Y*
- -4.77%
- 5Y*
- -4.64%
- 10Y*
- 9.55%
- ALL TIME*
- 12.27%
VOOG
- 1D
- 1.41%
- 1M
- -0.16%
- 6M
- 9.44%
- YTD
- 9.98%
- 1Y
- 21.57%
- 3Y*
- 23.95%
- 5Y*
- 13.21%
- 10Y*
- 17.31%
- ALL TIME*
- 16.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $94.92M | $79.11M | $85.14M | |
| $98.60M | $105.57M | $127.27M |
MORN vs. VOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MORN Morningstar, Inc. | -10.65% | -35.05% | 18.29% | 33.10% | -36.31% | 48.23% | 54.54% | 38.93% | 14.34% | 33.38% |
VOOG Vanguard S&P 500 Growth ETF | 9.98% | 22.11% | 35.89% | 29.96% | -29.48% | 31.95% | 33.35% | 30.93% | -0.21% | 27.19% |
Correlation
The correlation between MORN and VOOG is -0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.46 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.50 |
The correlation between MORN and VOOG shifts across timeframes, from -0.07 (1 year) to 0.50 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
MORN vs. VOOG — Risk / Return Rank
MORN
VOOG
MORN vs. VOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morningstar, Inc. (MORN) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MORN | VOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.83 | ||
| Sortino ratioReturn per unit of downside risk | -2.51 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.19 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.63 | 1.41 | -2.04 |
| Martin ratioReturn relative to average drawdown | -1.05 | 5.13 | -6.18 |
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Drawdowns
MORN vs. VOOG - Drawdown Comparison
The maximum MORN drawdown since its inception was -67.92%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for MORN and VOOG.
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Drawdown Indicators
| MORN | VOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.92% | -32.73% | -35.19% |
Max Drawdown (1Y)Largest decline over 1 year | -47.55% | -13.71% | -33.84% |
Max Drawdown (3Y)Largest decline over 3 years | -60.00% | -22.18% | -37.82% |
Max Drawdown (5Y)Largest decline over 5 years | -60.00% | -32.73% | -27.27% |
Max Drawdown (10Y)Largest decline over 10 years | -60.00% | -32.73% | -27.27% |
Current DrawdownCurrent decline from peak | -45.53% | -4.38% | -41.15% |
Average DrawdownAverage peak-to-trough decline | -18.57% | -4.96% | -13.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.23% | 3.77% | +25.46% |
Volatility
MORN vs. VOOG - Volatility Comparison
Morningstar, Inc. (MORN) has a higher volatility of 12.65% compared to Vanguard S&P 500 Growth ETF (VOOG) at 6.11%. This indicates that MORN'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.
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Volatility by Period
| MORN | VOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.65% | 6.11% | +6.54% |
Volatility (6M)Calculated over the trailing 6-month period | 35.68% | 14.81% | +20.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.45% | 17.97% | +21.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.88% | 21.52% | +10.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.42% | 20.87% | +7.55% |
Dividends
MORN vs. VOOG - Dividend Comparison
MORN's dividend yield for the trailing twelve months is around 1.02%, more than VOOG's 0.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MORN Morningstar, Inc. | 1.02% | 0.84% | 0.48% | 0.52% | 0.66% | 0.28% | 0.65% | 0.74% | 0.91% | 0.95% | 1.20% | 0.95% |
VOOG Vanguard S&P 500 Growth ETF | 0.46% | 0.49% | 0.49% | 1.12% | 0.93% | 0.53% | 0.88% | 1.26% | 1.34% | 1.32% | 1.47% | 1.56% |
Frequently Asked Questions
MORN and VOOG have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MORN has higher volatility (12.65%) compared to VOOG (6.11%). In terms of maximum drawdown, MORN dropped -67.92% vs VOOG's -32.73%.
VOOG currently has the higher Sharpe Ratio (1.08 vs -0.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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