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OI vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OI and VOO 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.


-0.50.00.51.00.5

Performance

OI vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in O-I Glass, Inc. (OI) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
-63.34%
602.93%
OI
VOO

Key characteristics

Sharpe Ratio

OI:

-0.77

VOO:

2.25

Sortino Ratio

OI:

-1.02

VOO:

2.98

Omega Ratio

OI:

0.88

VOO:

1.42

Calmar Ratio

OI:

-0.44

VOO:

3.31

Martin Ratio

OI:

-1.50

VOO:

14.77

Ulcer Index

OI:

24.51%

VOO:

1.90%

Daily Std Dev

OI:

48.05%

VOO:

12.46%

Max Drawdown

OI:

-94.73%

VOO:

-33.99%

Current Drawdown

OI:

-82.90%

VOO:

-2.47%

Returns By Period

In the year-to-date period, OI achieves a -38.71% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, OI has underperformed VOO with an annualized return of -9.33%, while VOO has yielded a comparatively higher 13.08% annualized return.


OI

YTD

-38.71%

1M

-20.06%

6M

-9.55%

1Y

-39.11%

5Y*

-2.99%

10Y*

-9.33%

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

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Risk-Adjusted Performance

OI vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for O-I Glass, Inc. (OI) 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.


Sharpe ratio
The chart of Sharpe ratio for OI, currently valued at -0.77, compared to the broader market-4.00-2.000.002.00-0.772.25
The chart of Sortino ratio for OI, currently valued at -1.02, compared to the broader market-4.00-2.000.002.004.00-1.022.98
The chart of Omega ratio for OI, currently valued at 0.88, compared to the broader market0.501.001.502.000.881.42
The chart of Calmar ratio for OI, currently valued at -0.51, compared to the broader market0.002.004.006.00-0.513.31
The chart of Martin ratio for OI, currently valued at -1.50, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.5014.77
OI
VOO

The current OI Sharpe Ratio is -0.77, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of OI and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.77
2.25
OI
VOO

Dividends

OI vs. VOO - Dividend Comparison

OI has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 0.91%.


TTM20232022202120202019201820172016201520142013
OI
O-I Glass, Inc.
0.00%0.00%0.00%0.00%0.42%1.68%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

OI vs. VOO - Drawdown Comparison

The maximum OI drawdown since its inception was -94.73%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for OI and VOO. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-71.37%
-2.47%
OI
VOO

Volatility

OI vs. VOO - Volatility Comparison

O-I Glass, Inc. (OI) has a higher volatility of 8.39% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that OI'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.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
8.39%
3.75%
OI
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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