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

Correlation

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

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

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Key characteristics

Sharpe Ratio

ON:

-0.74

VOO:

0.52

Sortino Ratio

ON:

-0.94

VOO:

0.89

Omega Ratio

ON:

0.89

VOO:

1.13

Calmar Ratio

ON:

-0.60

VOO:

0.57

Martin Ratio

ON:

-1.60

VOO:

2.18

Ulcer Index

ON:

26.35%

VOO:

4.85%

Daily Std Dev

ON:

57.57%

VOO:

19.11%

Max Drawdown

ON:

-96.36%

VOO:

-33.99%

Current Drawdown

ON:

-62.09%

VOO:

-7.67%

Returns By Period

In the year-to-date period, ON achieves a -35.00% return, which is significantly lower than VOO's -3.41% return. Both investments have delivered pretty close results over the past 10 years, with ON having a 12.76% annualized return and VOO not far behind at 12.42%.


ON

YTD

-35.00%

1M

17.49%

6M

-41.80%

1Y

-41.84%

5Y*

21.29%

10Y*

12.76%

VOO

YTD

-3.41%

1M

7.59%

6M

-5.06%

1Y

9.79%

5Y*

15.86%

10Y*

12.42%

*Annualized

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Risk-Adjusted Performance

ON vs. VOO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ON
The Risk-Adjusted Performance Rank of ON is 1212
Overall Rank
The Sharpe Ratio Rank of ON is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of ON is 1414
Sortino Ratio Rank
The Omega Ratio Rank of ON is 1616
Omega Ratio Rank
The Calmar Ratio Rank of ON is 1414
Calmar Ratio Rank
The Martin Ratio Rank of ON is 55
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6464
Overall Rank
The Sharpe Ratio Rank of VOO is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6262
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6565
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 6767
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current ON Sharpe Ratio is -0.74, which is lower than the VOO Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of ON 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.


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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 1.34%.


TTM20242023202220212020201920182017201620152014
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
1.34%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

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%. Use the drawdown chart below to compare losses from any high point for ON and VOO. For additional features, visit the drawdowns tool.


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Volatility

ON vs. VOO - Volatility Comparison

ON Semiconductor Corporation (ON) has a higher volatility of 20.26% compared to Vanguard S&P 500 ETF (VOO) at 6.83%. 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.


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