NRP vs. VOO
Compare and contrast key facts about Natural Resource Partners L.P. (NRP) 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: NRP or VOO.
Key characteristics
| NRP | VOO | |
|---|---|---|
| YTD Return | 0.88% | 11.83% |
| 1Y Return | 92.44% | 31.13% |
| 3Y Return (Ann) | 82.88% | 10.03% |
| 5Y Return (Ann) | 26.63% | 15.07% |
| 10Y Return (Ann) | 2.97% | 13.02% |
| Sharpe Ratio | 2.53 | 2.60 |
| Daily Std Dev | 34.46% | 11.62% |
| Max Drawdown | -97.12% | -33.99% |
| Current Drawdown | -26.76% | 0.00% |
Correlation
The correlation between NRP and VOO is 0.24, 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
NRP vs. VOO - Performance Comparison
In the year-to-date period, NRP achieves a 0.88% return, which is significantly lower than VOO's 11.83% return. Over the past 10 years, NRP has underperformed VOO with an annualized return of 2.97%, while VOO has yielded a comparatively higher 13.02% 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
NRP vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Natural Resource Partners L.P. (NRP) 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
NRP vs. VOO - Dividend Comparison
NRP's dividend yield for the trailing twelve months is around 5.21%, more than VOO's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRP Natural Resource Partners L.P. | 5.21% | 5.87% | 4.97% | 5.39% | 9.82% | 13.18% | 4.71% | 6.92% | 5.57% | 45.28% | 15.14% | 11.03% |
VOO Vanguard S&P 500 ETF | 1.32% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
NRP vs. VOO - Drawdown Comparison
The maximum NRP drawdown since its inception was -97.12%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NRP and VOO. For additional features, visit the drawdowns tool.
Volatility
NRP vs. VOO - Volatility Comparison
Natural Resource Partners L.P. (NRP) has a higher volatility of 4.96% compared to Vanguard S&P 500 ETF (VOO) at 3.49%. This indicates that NRP'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.