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

Correlation

The correlation between OTIS and VOO is 0.58, 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.


-0.50.00.51.00.6

Performance

OTIS vs. VOO - Performance Comparison

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

110.00%120.00%130.00%140.00%150.00%160.00%170.00%JulyAugustSeptemberOctoberNovemberDecember
121.18%
165.25%
OTIS
VOO

Key characteristics

Sharpe Ratio

OTIS:

0.42

VOO:

2.25

Sortino Ratio

OTIS:

0.66

VOO:

2.98

Omega Ratio

OTIS:

1.09

VOO:

1.42

Calmar Ratio

OTIS:

0.64

VOO:

3.31

Martin Ratio

OTIS:

1.68

VOO:

14.77

Ulcer Index

OTIS:

4.58%

VOO:

1.90%

Daily Std Dev

OTIS:

18.36%

VOO:

12.46%

Max Drawdown

OTIS:

-29.99%

VOO:

-33.99%

Current Drawdown

OTIS:

-11.40%

VOO:

-2.47%

Returns By Period

In the year-to-date period, OTIS achieves a 6.25% return, which is significantly lower than VOO's 26.02% return.


OTIS

YTD

6.25%

1M

-6.15%

6M

-1.67%

1Y

7.53%

5Y*

N/A

10Y*

N/A

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

OTIS vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Otis Worldwide Corporation (OTIS) 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 ratio
The chart of Sharpe ratio for OTIS, currently valued at 0.42, compared to the broader market-4.00-2.000.002.000.422.25
The chart of Sortino ratio for OTIS, currently valued at 0.66, compared to the broader market-4.00-2.000.002.004.000.662.98
The chart of Omega ratio for OTIS, currently valued at 1.09, compared to the broader market0.501.001.502.001.091.42
The chart of Calmar ratio for OTIS, currently valued at 0.64, compared to the broader market0.002.004.006.000.643.31
The chart of Martin ratio for OTIS, currently valued at 1.68, compared to the broader market-5.000.005.0010.0015.0020.0025.001.6814.77
OTIS
VOO

The current OTIS Sharpe Ratio is 0.42, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of OTIS 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.42
2.25
OTIS
VOO

Dividends

OTIS vs. VOO - Dividend Comparison

OTIS's dividend yield for the trailing twelve months is around 1.61%, more than VOO's 0.91% yield.


TTM20232022202120202019201820172016201520142013
OTIS
Otis Worldwide Corporation
1.61%1.46%1.42%1.06%0.89%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

OTIS vs. VOO - Drawdown Comparison

The maximum OTIS drawdown since its inception was -29.99%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for OTIS and VOO. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.40%
-2.47%
OTIS
VOO

Volatility

OTIS vs. VOO - Volatility Comparison

Otis Worldwide Corporation (OTIS) has a higher volatility of 4.94% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that OTIS'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.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.94%
3.75%
OTIS
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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