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

Correlation

The correlation between OLED and VOO is 0.56, 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.


-0.50.00.51.00.6

Performance

OLED vs. VOO - Performance Comparison

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

500.00%600.00%700.00%800.00%900.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
609.87%
602.93%
OLED
VOO

Key characteristics

Sharpe Ratio

OLED:

-0.46

VOO:

2.25

Sortino Ratio

OLED:

-0.38

VOO:

2.98

Omega Ratio

OLED:

0.94

VOO:

1.42

Calmar Ratio

OLED:

-0.46

VOO:

3.31

Martin Ratio

OLED:

-1.15

VOO:

14.77

Ulcer Index

OLED:

16.48%

VOO:

1.90%

Daily Std Dev

OLED:

40.91%

VOO:

12.46%

Max Drawdown

OLED:

-85.55%

VOO:

-33.99%

Current Drawdown

OLED:

-40.68%

VOO:

-2.47%

Returns By Period

In the year-to-date period, OLED achieves a -21.12% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, OLED has outperformed VOO with an annualized return of 18.84%, while VOO has yielded a comparatively lower 13.08% annualized return.


OLED

YTD

-21.12%

1M

-9.64%

6M

-28.28%

1Y

-20.10%

5Y*

-5.05%

10Y*

18.84%

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

OLED vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Universal Display Corporation (OLED) 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 OLED, currently valued at -0.46, compared to the broader market-4.00-2.000.002.00-0.462.25
The chart of Sortino ratio for OLED, currently valued at -0.38, compared to the broader market-4.00-2.000.002.004.00-0.382.98
The chart of Omega ratio for OLED, currently valued at 0.94, compared to the broader market0.501.001.502.000.941.42
The chart of Calmar ratio for OLED, currently valued at -0.46, compared to the broader market0.002.004.006.00-0.463.31
The chart of Martin ratio for OLED, currently valued at -1.15, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.1514.77
OLED
VOO

The current OLED Sharpe Ratio is -0.46, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of OLED 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
-0.46
2.25
OLED
VOO

Dividends

OLED vs. VOO - Dividend Comparison

OLED's dividend yield for the trailing twelve months is around 1.07%, more than VOO's 0.91% yield.


TTM20232022202120202019201820172016201520142013
OLED
Universal Display Corporation
1.07%0.73%1.11%0.48%0.26%0.19%0.26%0.07%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

OLED vs. VOO - Drawdown Comparison

The maximum OLED drawdown since its inception was -85.55%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for OLED and VOO. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-40.68%
-2.47%
OLED
VOO

Volatility

OLED vs. VOO - Volatility Comparison

Universal Display Corporation (OLED) has a higher volatility of 9.27% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that OLED'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%25.00%JulyAugustSeptemberOctoberNovemberDecember
9.27%
3.75%
OLED
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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