NDJI vs. VOO
Compare and contrast key facts about Nationwide Dow Jones Risk-Managed Income ETF (NDJI) and Vanguard S&P 500 ETF (VOO).
NDJI and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NDJI is an actively managed fund by Nationwide. It was launched on Dec 16, 2021. 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: NDJI or VOO.
Correlation
The correlation between NDJI and VOO is 0.63, 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.
Performance
NDJI vs. VOO - Performance Comparison
Key characteristics
Returns By Period
NDJI
N/A
N/A
N/A
N/A
N/A
N/A
VOO
-0.66%
-3.35%
3.78%
23.82%
13.79%
13.26%
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NDJI vs. VOO - Expense Ratio Comparison
NDJI has a 0.68% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
NDJI vs. VOO — Risk-Adjusted Performance Rank
NDJI
VOO
NDJI vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Dow Jones Risk-Managed Income ETF (NDJI) 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
NDJI vs. VOO - Dividend Comparison
NDJI has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.25%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDJI Nationwide Dow Jones Risk-Managed Income ETF | 0.58% | 0.58% | 6.74% | 7.69% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
NDJI vs. VOO - Drawdown Comparison
Volatility
NDJI vs. VOO - Volatility Comparison
The current volatility for Nationwide Dow Jones Risk-Managed Income ETF (NDJI) is 0.00%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.56%. This indicates that NDJI 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.