NAT vs. VOO
Compare and contrast key facts about Nordic American Tankers Limited (NAT) and Vanguard S&P 500 ETF (VOO).
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: NAT or VOO.
Key characteristics
| NAT | VOO | |
|---|---|---|
| YTD Return | -6.74% | 19.30% |
| 1Y Return | 0.86% | 28.36% |
| 3Y Return (Ann) | 25.40% | 10.06% |
| 5Y Return (Ann) | 21.65% | 15.26% |
| 10Y Return (Ann) | -0.73% | 12.92% |
| Sharpe Ratio | 0.16 | 2.26 |
| Daily Std Dev | 31.43% | 12.63% |
| Max Drawdown | -90.41% | -33.99% |
| Current Drawdown | -68.60% | -0.28% |
Correlation
The correlation between NAT and VOO is 0.32, 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.
Performance
NAT vs. VOO - Performance Comparison
In the year-to-date period, NAT achieves a -6.74% return, which is significantly lower than VOO's 19.30% return. Over the past 10 years, NAT has underperformed VOO with an annualized return of -0.73%, while VOO has yielded a comparatively higher 12.92% annualized return. 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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Risk-Adjusted Performance
NAT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordic American Tankers Limited (NAT) 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
NAT vs. VOO - Dividend Comparison
NAT's dividend yield for the trailing twelve months is around 8.13%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAT Nordic American Tankers Limited | 8.13% | 11.67% | 3.59% | 3.55% | 15.25% | 1.42% | 3.50% | 21.40% | 16.61% | 9.04% | 6.27% | 6.72% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
NAT vs. VOO - Drawdown Comparison
The maximum NAT drawdown since its inception was -90.41%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NAT and VOO. For additional features, visit the drawdowns tool.
Volatility
NAT vs. VOO - Volatility Comparison
Nordic American Tankers Limited (NAT) has a higher volatility of 5.76% compared to Vanguard S&P 500 ETF (VOO) at 3.92%. This indicates that NAT'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.