NACP vs. VOO
Compare and contrast key facts about Impact Shares NAACP Minority Empowerment ETF (NACP) and Vanguard S&P 500 ETF (VOO).
NACP and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NACP is a passively managed fund by Impact Shares that tracks the performance of the Morningstar Minority Empowerment Index. It was launched on Jul 18, 2018. 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. Both NACP and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NACP or VOO.
Key characteristics
| NACP | VOO | |
|---|---|---|
| YTD Return | 27.21% | 26.94% |
| 1Y Return | 35.02% | 35.06% |
| 3Y Return (Ann) | 8.61% | 10.23% |
| 5Y Return (Ann) | 16.36% | 15.77% |
| Sharpe Ratio | 2.94 | 3.08 |
| Sortino Ratio | 4.01 | 4.09 |
| Omega Ratio | 1.56 | 1.58 |
| Calmar Ratio | 4.29 | 4.46 |
| Martin Ratio | 18.89 | 20.36 |
| Ulcer Index | 1.98% | 1.85% |
| Daily Std Dev | 12.73% | 12.23% |
| Max Drawdown | -30.96% | -33.99% |
| Current Drawdown | -0.35% | -0.25% |
Correlation
The correlation between NACP and VOO is 0.92, 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
NACP vs. VOO - Performance Comparison
The year-to-date returns for both stocks are quite close, with NACP having a 27.21% return and VOO slightly lower at 26.94%. 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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NACP vs. VOO - Expense Ratio Comparison
NACP has a 0.49% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
NACP vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Impact Shares NAACP Minority Empowerment ETF (NACP) 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
NACP vs. VOO - Dividend Comparison
NACP's dividend yield for the trailing twelve months is around 1.01%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NACP Impact Shares NAACP Minority Empowerment ETF | 1.01% | 1.28% | 3.48% | 3.07% | 1.48% | 1.20% | 0.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
NACP vs. VOO - Drawdown Comparison
The maximum NACP drawdown since its inception was -30.96%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NACP and VOO. For additional features, visit the drawdowns tool.
Volatility
NACP vs. VOO - Volatility Comparison
Impact Shares NAACP Minority Empowerment ETF (NACP) has a higher volatility of 4.11% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that NACP'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.