ODFL vs. VYM
Compare and contrast key facts about Old Dominion Freight Line, Inc. (ODFL) and Vanguard High Dividend Yield ETF (VYM).
VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ODFL or VYM.
Performance
ODFL vs. VYM - Performance Comparison
Returns By Period
In the year-to-date period, ODFL achieves a 6.01% return, which is significantly lower than VYM's 20.15% return. Over the past 10 years, ODFL has outperformed VYM with an annualized return of 23.90%, while VYM has yielded a comparatively lower 9.92% annualized return.
ODFL
6.01%
7.24%
19.91%
7.56%
28.03%
23.90%
VYM
20.15%
-0.05%
10.35%
28.68%
11.13%
9.92%
Key characteristics
| ODFL | VYM | |
|---|---|---|
| Sharpe Ratio | 0.24 | 2.79 |
| Sortino Ratio | 0.55 | 3.95 |
| Omega Ratio | 1.07 | 1.51 |
| Calmar Ratio | 0.33 | 5.67 |
| Martin Ratio | 0.66 | 17.98 |
| Ulcer Index | 12.23% | 1.64% |
| Daily Std Dev | 33.64% | 10.56% |
| Max Drawdown | -66.28% | -56.98% |
| Current Drawdown | -7.70% | -1.08% |
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Correlation
The correlation between ODFL and VYM is 0.55, 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
ODFL vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Old Dominion Freight Line, Inc. (ODFL) and Vanguard High Dividend Yield ETF (VYM). 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
ODFL vs. VYM - Dividend Comparison
ODFL's dividend yield for the trailing twelve months is around 0.46%, less than VYM's 2.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ODFL Old Dominion Freight Line, Inc. | 0.46% | 0.39% | 0.42% | 0.22% | 0.31% | 0.36% | 0.74% | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% |
VYM Vanguard High Dividend Yield ETF | 2.76% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% | 2.81% |
Drawdowns
ODFL vs. VYM - Drawdown Comparison
The maximum ODFL drawdown since its inception was -66.28%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for ODFL and VYM. For additional features, visit the drawdowns tool.
Volatility
ODFL vs. VYM - Volatility Comparison
Old Dominion Freight Line, Inc. (ODFL) has a higher volatility of 14.62% compared to Vanguard High Dividend Yield ETF (VYM) at 3.84%. This indicates that ODFL's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.