NGD vs. VOO
Compare and contrast key facts about New Gold Inc. (NGD) 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: NGD or VOO.
Correlation
The correlation between NGD and VOO is 0.16, 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
NGD vs. VOO - Performance Comparison
Key characteristics
NGD:
1.13
VOO:
2.21
NGD:
1.93
VOO:
2.93
NGD:
1.21
VOO:
1.41
NGD:
0.69
VOO:
3.25
NGD:
5.66
VOO:
14.47
NGD:
11.16%
VOO:
1.90%
NGD:
55.76%
VOO:
12.43%
NGD:
-96.73%
VOO:
-33.99%
NGD:
-82.35%
VOO:
-2.87%
Returns By Period
In the year-to-date period, NGD achieves a 69.86% return, which is significantly higher than VOO's 25.49% return. Over the past 10 years, NGD has underperformed VOO with an annualized return of -5.00%, while VOO has yielded a comparatively higher 13.04% annualized return.
NGD
69.86%
-10.79%
24.00%
67.57%
26.57%
-5.00%
VOO
25.49%
0.01%
8.65%
27.45%
14.70%
13.04%
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Risk-Adjusted Performance
NGD vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Gold Inc. (NGD) 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
NGD vs. VOO - Dividend Comparison
NGD has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 0.91%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGD New Gold Inc. | 0.00% | 0.00% | 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
NGD vs. VOO - Drawdown Comparison
The maximum NGD drawdown since its inception was -96.73%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NGD and VOO. For additional features, visit the drawdowns tool.
Volatility
NGD vs. VOO - Volatility Comparison
New Gold Inc. (NGD) has a higher volatility of 16.10% compared to Vanguard S&P 500 ETF (VOO) at 3.64%. This indicates that NGD'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.