NMIH vs. VOO
Compare and contrast key facts about NMI Holdings, Inc. (NMIH) 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: NMIH or VOO.
Performance
NMIH vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, NMIH achieves a 28.94% return, which is significantly higher than VOO's 26.16% return. Over the past 10 years, NMIH has outperformed VOO with an annualized return of 15.61%, while VOO has yielded a comparatively lower 13.18% annualized return.
NMIH
28.94%
-2.99%
17.50%
39.57%
2.95%
15.61%
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| NMIH | VOO | |
|---|---|---|
| Sharpe Ratio | 1.78 | 2.70 |
| Sortino Ratio | 2.37 | 3.60 |
| Omega Ratio | 1.30 | 1.50 |
| Calmar Ratio | 1.72 | 3.90 |
| Martin Ratio | 8.58 | 17.65 |
| Ulcer Index | 4.71% | 1.86% |
| Daily Std Dev | 22.70% | 12.19% |
| Max Drawdown | -73.07% | -33.99% |
| Current Drawdown | -8.29% | -0.86% |
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Correlation
The correlation between NMIH and VOO is 0.45, 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.
Risk-Adjusted Performance
NMIH vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NMI Holdings, Inc. (NMIH) 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
NMIH vs. VOO - Dividend Comparison
NMIH has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMIH NMI Holdings, 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 | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
NMIH vs. VOO - Drawdown Comparison
The maximum NMIH drawdown since its inception was -73.07%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NMIH and VOO. For additional features, visit the drawdowns tool.
Volatility
NMIH vs. VOO - Volatility Comparison
NMI Holdings, Inc. (NMIH) has a higher volatility of 10.09% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. This indicates that NMIH'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.