Correlation
The correlation between NALFX and VOO is 0.66, 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.
NALFX vs. VOO
Compare and contrast key facts about New Alternatives Fund (NALFX) and Vanguard S&P 500 ETF (VOO).
NALFX is managed by New Alternatives. It was launched on Sep 2, 1982. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NALFX or VOO.
Performance
NALFX vs. VOO - Performance Comparison
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Key characteristics
NALFX:
0.29
VOO:
0.74
NALFX:
0.48
VOO:
1.04
NALFX:
1.06
VOO:
1.15
NALFX:
0.14
VOO:
0.68
NALFX:
0.53
VOO:
2.58
NALFX:
9.34%
VOO:
4.93%
NALFX:
17.99%
VOO:
19.54%
NALFX:
-59.67%
VOO:
-33.99%
NALFX:
-23.87%
VOO:
-3.55%
Returns By Period
In the year-to-date period, NALFX achieves a 14.02% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, NALFX has underperformed VOO with an annualized return of 7.04%, while VOO has yielded a comparatively higher 12.81% annualized return.
NALFX
14.02%
5.10%
6.38%
4.09%
-1.84%
7.14%
7.04%
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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NALFX vs. VOO - Expense Ratio Comparison
NALFX has a 0.89% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
NALFX vs. VOO — Risk-Adjusted Performance Rank
NALFX
VOO
NALFX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Alternatives Fund (NALFX) 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.
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Dividends
NALFX vs. VOO - Dividend Comparison
NALFX's dividend yield for the trailing twelve months is around 1.79%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NALFX New Alternatives Fund | 1.79% | 2.04% | 4.47% | 4.63% | 5.14% | 9.72% | 5.55% | 6.62% | 4.17% | 3.71% | 1.71% | 3.04% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
NALFX vs. VOO - Drawdown Comparison
The maximum NALFX drawdown since its inception was -59.67%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NALFX and VOO.
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Volatility
NALFX vs. VOO - Volatility Comparison
The current volatility for New Alternatives Fund (NALFX) is 3.81%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that NALFX 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.
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