OWSMX vs. VOO
Compare and contrast key facts about Old Westbury Small & Mid Cap Strategies Fund (OWSMX) and Vanguard S&P 500 ETF (VOO).
OWSMX is managed by Old Westbury. It was launched on Apr 4, 2005. 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: OWSMX or VOO.
Key characteristics
| OWSMX | VOO | |
|---|---|---|
| YTD Return | 13.03% | 27.15% |
| 1Y Return | 28.91% | 39.90% |
| 3Y Return (Ann) | -4.71% | 10.28% |
| 5Y Return (Ann) | 2.72% | 16.00% |
| 10Y Return (Ann) | 0.71% | 13.43% |
| Sharpe Ratio | 2.12 | 3.15 |
| Sortino Ratio | 2.96 | 4.19 |
| Omega Ratio | 1.38 | 1.59 |
| Calmar Ratio | 0.85 | 4.60 |
| Martin Ratio | 12.40 | 21.00 |
| Ulcer Index | 2.25% | 1.85% |
| Daily Std Dev | 13.14% | 12.34% |
| Max Drawdown | -43.30% | -33.99% |
| Current Drawdown | -13.44% | 0.00% |
Correlation
The correlation between OWSMX and VOO is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
OWSMX vs. VOO - Performance Comparison
In the year-to-date period, OWSMX achieves a 13.03% return, which is significantly lower than VOO's 27.15% return. Over the past 10 years, OWSMX has underperformed VOO with an annualized return of 0.71%, while VOO has yielded a comparatively higher 13.43% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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OWSMX vs. VOO - Expense Ratio Comparison
OWSMX has a 1.10% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
OWSMX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Old Westbury Small & Mid Cap Strategies Fund (OWSMX) 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
OWSMX vs. VOO - Dividend Comparison
OWSMX's dividend yield for the trailing twelve months is around 0.57%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OWSMX Old Westbury Small & Mid Cap Strategies Fund | 0.57% | 0.65% | 0.52% | 0.13% | 0.15% | 0.55% | 0.66% | 0.66% | 0.59% | 0.83% | 0.80% | 0.77% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
OWSMX vs. VOO - Drawdown Comparison
The maximum OWSMX drawdown since its inception was -43.30%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for OWSMX and VOO. For additional features, visit the drawdowns tool.
Volatility
OWSMX vs. VOO - Volatility Comparison
The current volatility for Old Westbury Small & Mid Cap Strategies Fund (OWSMX) is 3.39%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.95%. This indicates that OWSMX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.