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PAVE vs. VOOG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PAVE and VOOG is 0.79, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

PAVE vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X US Infrastructure Development ETF (PAVE) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

140.00%160.00%180.00%200.00%220.00%240.00%260.00%NovemberDecember2025FebruaryMarchApril
170.41%
214.55%
PAVE
VOOG

Key characteristics

Sharpe Ratio

PAVE:

0.03

VOOG:

0.65

Sortino Ratio

PAVE:

0.22

VOOG:

1.05

Omega Ratio

PAVE:

1.03

VOOG:

1.15

Calmar Ratio

PAVE:

0.03

VOOG:

0.73

Martin Ratio

PAVE:

0.08

VOOG:

2.58

Ulcer Index

PAVE:

8.95%

VOOG:

6.30%

Daily Std Dev

PAVE:

24.67%

VOOG:

24.91%

Max Drawdown

PAVE:

-44.08%

VOOG:

-32.73%

Current Drawdown

PAVE:

-17.13%

VOOG:

-11.72%

Returns By Period

In the year-to-date period, PAVE achieves a -6.09% return, which is significantly higher than VOOG's -7.16% return.


PAVE

YTD

-6.09%

1M

-1.58%

6M

-7.60%

1Y

0.08%

5Y*

23.98%

10Y*

N/A

VOOG

YTD

-7.16%

1M

-0.82%

6M

-3.25%

1Y

14.70%

5Y*

16.24%

10Y*

13.86%

*Annualized

Compare stocks, funds, or ETFs

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


PAVE vs. VOOG - Expense Ratio Comparison

PAVE has a 0.47% expense ratio, which is higher than VOOG's 0.10% expense ratio.


Expense ratio chart for PAVE: current value is 0.47%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PAVE: 0.47%
Expense ratio chart for VOOG: current value is 0.10%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VOOG: 0.10%

Risk-Adjusted Performance

PAVE vs. VOOG — Risk-Adjusted Performance Rank

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

PAVE
The Risk-Adjusted Performance Rank of PAVE is 2424
Overall Rank
The Sharpe Ratio Rank of PAVE is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of PAVE is 2626
Sortino Ratio Rank
The Omega Ratio Rank of PAVE is 2525
Omega Ratio Rank
The Calmar Ratio Rank of PAVE is 2424
Calmar Ratio Rank
The Martin Ratio Rank of PAVE is 2323
Martin Ratio Rank

VOOG
The Risk-Adjusted Performance Rank of VOOG is 7171
Overall Rank
The Sharpe Ratio Rank of VOOG is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of VOOG is 6969
Sortino Ratio Rank
The Omega Ratio Rank of VOOG is 7070
Omega Ratio Rank
The Calmar Ratio Rank of VOOG is 7676
Calmar Ratio Rank
The Martin Ratio Rank of VOOG is 6969
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.

PAVE vs. VOOG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X US Infrastructure Development ETF (PAVE) and Vanguard S&P 500 Growth ETF (VOOG). 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 PAVE, currently valued at 0.03, compared to the broader market-1.000.001.002.003.004.00
PAVE: 0.03
VOOG: 0.65
The chart of Sortino ratio for PAVE, currently valued at 0.22, compared to the broader market-2.000.002.004.006.008.00
PAVE: 0.22
VOOG: 1.05
The chart of Omega ratio for PAVE, currently valued at 1.03, compared to the broader market0.501.001.502.002.50
PAVE: 1.03
VOOG: 1.15
The chart of Calmar ratio for PAVE, currently valued at 0.03, compared to the broader market0.002.004.006.008.0010.0012.00
PAVE: 0.03
VOOG: 0.73
The chart of Martin ratio for PAVE, currently valued at 0.08, compared to the broader market0.0020.0040.0060.00
PAVE: 0.08
VOOG: 2.58

The current PAVE Sharpe Ratio is 0.03, which is lower than the VOOG Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of PAVE and VOOG, 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 Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.03
0.65
PAVE
VOOG

Dividends

PAVE vs. VOOG - Dividend Comparison

PAVE's dividend yield for the trailing twelve months is around 0.58%, less than VOOG's 0.60% yield.


TTM20242023202220212020201920182017201620152014
PAVE
Global X US Infrastructure Development ETF
0.58%0.54%0.68%0.84%0.48%0.44%0.67%0.78%0.30%0.00%0.00%0.00%
VOOG
Vanguard S&P 500 Growth ETF
0.60%0.49%1.12%0.93%0.53%0.88%1.26%1.34%1.32%1.47%1.56%1.28%

Drawdowns

PAVE vs. VOOG - Drawdown Comparison

The maximum PAVE drawdown since its inception was -44.08%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for PAVE and VOOG. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-17.13%
-11.72%
PAVE
VOOG

Volatility

PAVE vs. VOOG - Volatility Comparison

The current volatility for Global X US Infrastructure Development ETF (PAVE) is 14.69%, while Vanguard S&P 500 Growth ETF (VOOG) has a volatility of 16.37%. This indicates that PAVE experiences smaller price fluctuations and is considered to be less risky than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2025FebruaryMarchApril
14.69%
16.37%
PAVE
VOOG