NYVTX vs. VOO
Compare and contrast key facts about Davis New York Venture Fund (NYVTX) and Vanguard S&P 500 ETF (VOO).
NYVTX is managed by Davis Funds. It was launched on Feb 17, 1969. 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: NYVTX or VOO.
Key characteristics
| NYVTX | VOO | |
|---|---|---|
| YTD Return | 16.07% | 20.75% |
| 1Y Return | 30.87% | 33.92% |
| 3Y Return (Ann) | 7.71% | 10.80% |
| 5Y Return (Ann) | 10.99% | 15.63% |
| 10Y Return (Ann) | 9.87% | 13.11% |
| Sharpe Ratio | 1.97 | 2.47 |
| Daily Std Dev | 14.41% | 12.70% |
| Max Drawdown | -58.56% | -33.99% |
| Current Drawdown | -1.14% | -0.20% |
Correlation
The correlation between NYVTX and VOO is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NYVTX vs. VOO - Performance Comparison
In the year-to-date period, NYVTX achieves a 16.07% return, which is significantly lower than VOO's 20.75% return. Over the past 10 years, NYVTX has underperformed VOO with an annualized return of 9.87%, while VOO has yielded a comparatively higher 13.11% 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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NYVTX vs. VOO - Expense Ratio Comparison
NYVTX has a 0.89% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
NYVTX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Davis New York Venture Fund (NYVTX) 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
NYVTX vs. VOO - Dividend Comparison
NYVTX's dividend yield for the trailing twelve months is around 12.42%, more than VOO's 1.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NYVTX Davis New York Venture Fund | 12.42% | 7.92% | 7.48% | 21.93% | 5.88% | 7.54% | 24.08% | 8.32% | 12.85% | 22.97% | 19.61% | 11.70% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
NYVTX vs. VOO - Drawdown Comparison
The maximum NYVTX drawdown since its inception was -58.56%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NYVTX and VOO. For additional features, visit the drawdowns tool.
Volatility
NYVTX vs. VOO - Volatility Comparison
Davis New York Venture Fund (NYVTX) has a higher volatility of 4.65% compared to Vanguard S&P 500 ETF (VOO) at 4.19%. This indicates that NYVTX'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.