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

Key characteristics


ONVOO
YTD Return-11.95%10.40%
1Y Return-7.91%32.36%
3Y Return (Ann)23.48%11.45%
5Y Return (Ann)29.08%15.03%
10Y Return (Ann)22.88%12.94%
Sharpe Ratio-0.092.95
Daily Std Dev45.46%11.59%
Max Drawdown-96.36%-33.99%
Current Drawdown-31.95%-0.14%

Correlation

0.62
-1.001.00

The correlation between ON and VOO is 0.62, 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.

Performance

ON vs. VOO - Performance Comparison

In the year-to-date period, ON achieves a -11.95% return, which is significantly lower than VOO's 10.40% return. Over the past 10 years, ON has outperformed VOO with an annualized return of 22.88%, while VOO has yielded a comparatively lower 12.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


400.00%600.00%800.00%1,000.00%1,200.00%1,400.00%OctoberNovemberDecember2024FebruaryMarch
1,086.29%
515.84%
ON
VOO

Compare stocks, funds, or ETFs


ON Semiconductor Corporation

Vanguard S&P 500 ETF

Risk-Adjusted Performance

ON vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ON Semiconductor Corporation (ON) 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ON
ON Semiconductor Corporation
-0.09
VOO
Vanguard S&P 500 ETF
2.95

ON vs. VOO - Sharpe Ratio Comparison

The current ON Sharpe Ratio is -0.09, which is lower than the VOO Sharpe Ratio of 2.95. The chart below compares the 12-month rolling Sharpe Ratio of ON and VOO.


Rolling 12-month Sharpe Ratio0.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
-0.09
2.95
ON
VOO

Dividends

ON vs. VOO - Dividend Comparison

ON has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.33%.


TTM20232022202120202019201820172016201520142013
ON
ON Semiconductor Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.33%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

ON vs. VOO - Drawdown Comparison

The maximum ON drawdown since its inception was -96.36%, which is greater than VOO's maximum drawdown of -33.99%. The drawdown chart below compares losses from any high point along the way for ON and VOO


-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-31.95%
-0.14%
ON
VOO

Volatility

ON vs. VOO - Volatility Comparison

ON Semiconductor Corporation (ON) has a higher volatility of 13.74% compared to Vanguard S&P 500 ETF (VOO) at 2.89%. This indicates that ON'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%OctoberNovemberDecember2024FebruaryMarch
13.74%
2.89%
ON
VOO