OI vs. VOO
OI (O-I Glass, Inc.) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, OI returned -8.81%/yr vs 15.17%/yr for VOO. Their 0.53 correlation means they have sometimes moved together and sometimes differently.
Performance
OI vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, OI achieves a -49.53% return, which is significantly lower than VOO's 11.72% return. Over the past 10 years, OI has underperformed VOO with an annualized return of -8.81%, while VOO has yielded a comparatively higher 15.17% annualized return.
OI
- 1D
- 4.20%
- 1M
- -23.90%
- 6M
- -52.24%
- YTD
- -49.53%
- 1Y
- -41.93%
- 3Y*
- -27.51%
- 5Y*
- -12.74%
- 10Y*
- -8.81%
- ALL TIME*
- -0.86%
VOO
- 1D
- 1.42%
- 1M
- 1.69%
- 6M
- 9.53%
- YTD
- 11.72%
- 1Y
- 23.30%
- 3Y*
- 20.85%
- 5Y*
- 13.12%
- 10Y*
- 15.17%
- ALL TIME*
- 14.88%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $30.74M | $33.82M | $28.63M | |
| $3.97B | $3.80B | $5.49B |
OI vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OI O-I Glass, Inc. | -49.53% | 36.16% | -33.82% | -1.15% | 37.74% | 1.09% | 0.16% | -29.69% | -22.24% | 27.34% |
VOO Vanguard S&P 500 ETF | 11.72% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between OI and VOO is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.46 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.53 |
Over the past year, the correlation between OI and VOO has dropped to 0.30 - well below their long-term average of 0.53, suggesting their price drivers have been diverging.
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Return for Risk
OI vs. VOO — Risk / Return Rank
OI
VOO
OI vs. VOO - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OI | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.66 | ||
| Sortino ratioReturn per unit of downside risk | -3.58 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.33 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 2.63 | -3.37 |
| Martin ratioReturn relative to average drawdown | -1.48 | 11.23 | -12.72 |
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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.
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Drawdown Indicators
| OI | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.73% | -33.99% | -60.74% |
Max Drawdown (1Y)Largest decline over 1 year | -57.01% | -8.90% | -48.11% |
Max Drawdown (3Y)Largest decline over 3 years | -64.74% | -18.69% | -46.05% |
Max Drawdown (5Y)Largest decline over 5 years | -69.50% | -24.52% | -44.98% |
Max Drawdown (10Y)Largest decline over 10 years | -81.56% | -33.99% | -47.57% |
Current DrawdownCurrent decline from peak | -87.31% | 0.00% | -87.31% |
Average DrawdownAverage peak-to-trough decline | -53.34% | -3.67% | -49.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.29% | 2.08% | +26.21% |
Volatility
OI vs. VOO - Volatility Comparison
O-I Glass, Inc. (OI) has a higher volatility of 25.97% compared to Vanguard S&P 500 ETF (VOO) at 3.81%. 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.
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Volatility by Period
| OI | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.97% | 3.81% | +22.16% |
Volatility (6M)Calculated over the trailing 6-month period | 44.30% | 10.18% | +34.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.10% | 12.80% | +38.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.58% | 16.95% | +28.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.94% | 18.02% | +30.92% |
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 1.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OI O-I Glass, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.42% | 1.68% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
OI and VOO have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OI has higher volatility (25.97%) compared to VOO (3.81%). In terms of maximum drawdown, OI dropped -94.73% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.83 vs -0.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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