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

Correlation

The correlation between ONON and VOO is 0.54, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

ONON vs. VOO - Performance Comparison

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

-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2025FebruaryMarchApril
-13.13%
-0.81%
ONON
VOO

Key characteristics

Sharpe Ratio

ONON:

0.61

VOO:

0.69

Sortino Ratio

ONON:

1.24

VOO:

0.99

Omega Ratio

ONON:

1.14

VOO:

1.13

Calmar Ratio

ONON:

0.67

VOO:

0.95

Martin Ratio

ONON:

2.47

VOO:

3.15

Ulcer Index

ONON:

11.15%

VOO:

3.03%

Daily Std Dev

ONON:

45.05%

VOO:

13.88%

Max Drawdown

ONON:

-68.90%

VOO:

-33.99%

Current Drawdown

ONON:

-29.39%

VOO:

-7.62%

Returns By Period

In the year-to-date period, ONON achieves a -17.98% return, which is significantly lower than VOO's -3.36% return.


ONON

YTD

-17.98%

1M

-6.12%

6M

-8.72%

1Y

31.00%

5Y*

N/A

10Y*

N/A

VOO

YTD

-3.36%

1M

-3.02%

6M

-0.09%

1Y

10.26%

5Y*

19.78%

10Y*

12.62%

*Annualized

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Risk-Adjusted Performance

ONON vs. VOO — Risk-Adjusted Performance Rank

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

ONON
The Risk-Adjusted Performance Rank of ONON is 7474
Overall Rank
The Sharpe Ratio Rank of ONON is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of ONON is 7272
Sortino Ratio Rank
The Omega Ratio Rank of ONON is 6767
Omega Ratio Rank
The Calmar Ratio Rank of ONON is 7979
Calmar Ratio Rank
The Martin Ratio Rank of ONON is 7676
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6565
Overall Rank
The Sharpe Ratio Rank of VOO is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6161
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6161
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 7272
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6868
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.

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.


The chart of Sharpe ratio for ONON, currently valued at 0.61, compared to the broader market-2.00-1.000.001.002.003.00
ONON: 0.61
VOO: 0.69
The chart of Sortino ratio for ONON, currently valued at 1.24, compared to the broader market-6.00-4.00-2.000.002.004.00
ONON: 1.24
VOO: 0.99
The chart of Omega ratio for ONON, currently valued at 1.14, compared to the broader market0.501.001.502.00
ONON: 1.14
VOO: 1.13
The chart of Calmar ratio for ONON, currently valued at 0.67, compared to the broader market0.001.002.003.004.005.00
ONON: 0.67
VOO: 0.95
The chart of Martin ratio for ONON, currently valued at 2.47, compared to the broader market-5.000.005.0010.0015.0020.00
ONON: 2.47
VOO: 3.15

The current ONON Sharpe Ratio is 0.61, which is comparable to the VOO Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of ONON 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.61
0.69
ONON
VOO

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 1.34%.


TTM20242023202220212020201920182017201620152014
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
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

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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-29.39%
-7.62%
ONON
VOO

Volatility

ONON vs. VOO - Volatility Comparison

On Holding AG (ONON) has a higher volatility of 16.18% compared to Vanguard S&P 500 ETF (VOO) at 5.70%. 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.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
16.18%
5.70%
ONON
VOO