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

Correlation

The correlation between ONB 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.


Performance

ONB vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Old National Bancorp (ONB) 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

ONB:

0.85

VOO:

0.70

Sortino Ratio

ONB:

1.43

VOO:

1.15

Omega Ratio

ONB:

1.19

VOO:

1.17

Calmar Ratio

ONB:

1.18

VOO:

0.76

Martin Ratio

ONB:

3.59

VOO:

2.93

Ulcer Index

ONB:

8.60%

VOO:

4.86%

Daily Std Dev

ONB:

36.08%

VOO:

19.43%

Max Drawdown

ONB:

-62.96%

VOO:

-33.99%

Current Drawdown

ONB:

-8.92%

VOO:

-4.59%

Returns By Period

In the year-to-date period, ONB achieves a 2.60% return, which is significantly higher than VOO's -0.19% return. Over the past 10 years, ONB has underperformed VOO with an annualized return of 8.45%, while VOO has yielded a comparatively higher 12.67% annualized return.


ONB

YTD

2.60%

1M

18.47%

6M

-0.03%

1Y

30.43%

5Y*

17.49%

10Y*

8.45%

VOO

YTD

-0.19%

1M

9.25%

6M

-1.98%

1Y

13.44%

5Y*

17.53%

10Y*

12.67%

*Annualized

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Risk-Adjusted Performance

ONB vs. VOO — Risk-Adjusted Performance Rank

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

ONB
The Risk-Adjusted Performance Rank of ONB is 8080
Overall Rank
The Sharpe Ratio Rank of ONB is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of ONB is 7575
Sortino Ratio Rank
The Omega Ratio Rank of ONB is 7575
Omega Ratio Rank
The Calmar Ratio Rank of ONB is 8686
Calmar Ratio Rank
The Martin Ratio Rank of ONB is 8181
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 7070
Overall Rank
The Sharpe Ratio Rank of VOO is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6868
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 7171
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 7272
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 7171
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.

ONB vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Old National Bancorp (ONB) 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 ONB Sharpe Ratio is 0.85, which is comparable to the VOO Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of ONB 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

ONB vs. VOO - Dividend Comparison

ONB's dividend yield for the trailing twelve months is around 2.53%, more than VOO's 1.30% yield.


TTM20242023202220212020201920182017201620152014
ONB
Old National Bancorp
2.53%2.58%3.32%3.11%3.09%3.38%2.84%3.38%2.98%2.87%3.54%2.96%
VOO
Vanguard S&P 500 ETF
1.30%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

ONB vs. VOO - Drawdown Comparison

The maximum ONB drawdown since its inception was -62.96%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ONB and VOO. For additional features, visit the drawdowns tool.


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Volatility

ONB vs. VOO - Volatility Comparison

Old National Bancorp (ONB) has a higher volatility of 7.59% compared to Vanguard S&P 500 ETF (VOO) at 6.36%. This indicates that ONB'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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