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

Correlation

The correlation between OKE and VOO is 0.52, 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

OKE vs. VOO - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
23.18%
7.93%
OKE
VOO

Key characteristics

Sharpe Ratio

OKE:

2.38

VOO:

2.04

Sortino Ratio

OKE:

2.99

VOO:

2.72

Omega Ratio

OKE:

1.41

VOO:

1.38

Calmar Ratio

OKE:

3.03

VOO:

3.02

Martin Ratio

OKE:

16.03

VOO:

13.60

Ulcer Index

OKE:

3.13%

VOO:

1.88%

Daily Std Dev

OKE:

21.06%

VOO:

12.52%

Max Drawdown

OKE:

-80.17%

VOO:

-33.99%

Current Drawdown

OKE:

-16.58%

VOO:

-3.52%

Returns By Period

In the year-to-date period, OKE achieves a 45.97% return, which is significantly higher than VOO's 24.65% return. Over the past 10 years, OKE has outperformed VOO with an annualized return of 14.05%, while VOO has yielded a comparatively lower 13.02% annualized return.


OKE

YTD

45.97%

1M

-13.22%

6M

24.70%

1Y

48.26%

5Y*

13.06%

10Y*

14.05%

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

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Risk-Adjusted Performance

OKE vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ONEOK, Inc. (OKE) 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 OKE, currently valued at 2.38, compared to the broader market-4.00-2.000.002.002.382.04
The chart of Sortino ratio for OKE, currently valued at 2.99, compared to the broader market-4.00-2.000.002.004.002.992.72
The chart of Omega ratio for OKE, currently valued at 1.41, compared to the broader market0.501.001.502.001.411.38
The chart of Calmar ratio for OKE, currently valued at 3.03, compared to the broader market0.002.004.006.003.033.02
The chart of Martin ratio for OKE, currently valued at 16.03, compared to the broader market0.0010.0020.0016.0313.60
OKE
VOO

The current OKE Sharpe Ratio is 2.38, which is comparable to the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of OKE 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 Ratio1.001.502.002.503.003.504.004.50JulyAugustSeptemberOctoberNovemberDecember
2.38
2.04
OKE
VOO

Dividends

OKE vs. VOO - Dividend Comparison

OKE's dividend yield for the trailing twelve months is around 4.06%, more than VOO's 1.26% yield.


TTM20232022202120202019201820172016201520142013
OKE
ONEOK, Inc.
4.06%5.47%5.72%6.40%9.80%4.66%6.01%5.09%4.28%9.85%4.27%0.00%
VOO
Vanguard S&P 500 ETF
0.92%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

OKE vs. VOO - Drawdown Comparison

The maximum OKE drawdown since its inception was -80.17%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for OKE and VOO. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-16.58%
-3.52%
OKE
VOO

Volatility

OKE vs. VOO - Volatility Comparison

ONEOK, Inc. (OKE) has a higher volatility of 8.87% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that OKE'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.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.87%
3.58%
OKE
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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