ONON vs. VOO
Compare and contrast key facts about On Holding AG (ONON) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ONON or VOO.
Correlation
The correlation between ONON and VOO is 0.55, 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
ONON vs. VOO - Performance Comparison
Key characteristics
ONON:
2.13
VOO:
2.25
ONON:
3.04
VOO:
2.98
ONON:
1.35
VOO:
1.42
ONON:
1.91
VOO:
3.31
ONON:
14.15
VOO:
14.77
ONON:
6.66%
VOO:
1.90%
ONON:
44.27%
VOO:
12.46%
ONON:
-68.90%
VOO:
-33.99%
ONON:
-4.03%
VOO:
-2.47%
Returns By Period
In the year-to-date period, ONON achieves a 111.87% return, which is significantly higher than VOO's 26.02% return.
ONON
111.87%
6.33%
43.86%
96.29%
N/A
N/A
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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Risk-Adjusted Performance
ONON vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for On Holding AG (ONON) 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.
Dividends
ONON vs. VOO - Dividend Comparison
ONON has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 0.91%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ONON On Holding AG | 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 | 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
ONON vs. VOO - Drawdown Comparison
The maximum ONON drawdown since its inception was -68.90%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ONON and VOO. For additional features, visit the drawdowns tool.
Volatility
ONON vs. VOO - Volatility Comparison
On Holding AG (ONON) has a higher volatility of 11.50% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that ONON'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.