PAXWX vs. VOO
Compare and contrast key facts about Pax Sustainable Allocation Fund (PAXWX) and Vanguard S&P 500 ETF (VOO).
PAXWX is managed by Pax World. It was launched on Aug 9, 1971. 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: PAXWX or VOO.
Performance
PAXWX vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, PAXWX achieves a 8.92% return, which is significantly lower than VOO's 26.16% return. Over the past 10 years, PAXWX has underperformed VOO with an annualized return of 1.59%, while VOO has yielded a comparatively higher 13.18% annualized return.
PAXWX
8.92%
-0.60%
4.80%
13.09%
2.99%
1.59%
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| PAXWX | VOO | |
|---|---|---|
| Sharpe Ratio | 1.67 | 2.70 |
| Sortino Ratio | 2.36 | 3.60 |
| Omega Ratio | 1.30 | 1.50 |
| Calmar Ratio | 0.74 | 3.90 |
| Martin Ratio | 8.88 | 17.65 |
| Ulcer Index | 1.51% | 1.86% |
| Daily Std Dev | 8.04% | 12.19% |
| Max Drawdown | -43.03% | -33.99% |
| Current Drawdown | -7.56% | -0.86% |
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PAXWX vs. VOO - Expense Ratio Comparison
PAXWX has a 0.30% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between PAXWX and VOO is 0.94, 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.
Risk-Adjusted Performance
PAXWX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pax Sustainable Allocation Fund (PAXWX) 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
PAXWX vs. VOO - Dividend Comparison
PAXWX's dividend yield for the trailing twelve months is around 1.89%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAXWX Pax Sustainable Allocation Fund | 1.89% | 1.38% | 1.32% | 0.81% | 0.99% | 1.60% | 2.21% | 0.63% | 1.29% | 0.93% | 0.94% | 0.85% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
PAXWX vs. VOO - Drawdown Comparison
The maximum PAXWX drawdown since its inception was -43.03%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PAXWX and VOO. For additional features, visit the drawdowns tool.
Volatility
PAXWX vs. VOO - Volatility Comparison
The current volatility for Pax Sustainable Allocation Fund (PAXWX) is 2.19%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.99%. This indicates that PAXWX 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.