NE vs. VOO
Compare and contrast key facts about Noble Corporation (NE) 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: NE or VOO.
Correlation
The correlation between NE and VOO is 0.33, 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
NE vs. VOO - Performance Comparison
Key characteristics
NE:
-1.00
VOO:
2.21
NE:
-1.45
VOO:
2.93
NE:
0.84
VOO:
1.41
NE:
-0.78
VOO:
3.25
NE:
-1.65
VOO:
14.47
NE:
20.55%
VOO:
1.90%
NE:
33.98%
VOO:
12.43%
NE:
-43.54%
VOO:
-33.99%
NE:
-43.54%
VOO:
-2.87%
Returns By Period
In the year-to-date period, NE achieves a -37.15% return, which is significantly lower than VOO's 25.49% return.
NE
-37.15%
-14.83%
-33.20%
-34.70%
N/A
N/A
VOO
25.49%
0.01%
8.65%
27.45%
14.70%
13.04%
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Risk-Adjusted Performance
NE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Noble Corporation (NE) 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
NE vs. VOO - Dividend Comparison
NE's dividend yield for the trailing twelve months is around 6.24%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NE Noble Corporation | 6.24% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
NE vs. VOO - Drawdown Comparison
The maximum NE drawdown since its inception was -43.54%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NE and VOO. For additional features, visit the drawdowns tool.
Volatility
NE vs. VOO - Volatility Comparison
Noble Corporation (NE) has a higher volatility of 8.61% compared to Vanguard S&P 500 ETF (VOO) at 3.64%. This indicates that NE'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.