PGINX vs. VOO
Compare and contrast key facts about Impax Global Environmental Markets Fund Institutional Class (PGINX) and Vanguard S&P 500 ETF (VOO).
PGINX is managed by Pax World. It was launched on Mar 27, 2008. 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: PGINX or VOO.
Correlation
The correlation between PGINX and VOO is 0.87, 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
PGINX vs. VOO - Performance Comparison
Key characteristics
PGINX:
0.25
VOO:
1.76
PGINX:
0.43
VOO:
2.37
PGINX:
1.05
VOO:
1.32
PGINX:
0.28
VOO:
2.66
PGINX:
0.74
VOO:
11.10
PGINX:
4.76%
VOO:
2.02%
PGINX:
14.29%
VOO:
12.79%
PGINX:
-52.48%
VOO:
-33.99%
PGINX:
-8.80%
VOO:
-2.11%
Returns By Period
In the year-to-date period, PGINX achieves a 3.78% return, which is significantly higher than VOO's 2.40% return. Over the past 10 years, PGINX has underperformed VOO with an annualized return of 7.12%, while VOO has yielded a comparatively higher 13.03% annualized return.
PGINX
3.78%
-2.64%
-5.97%
1.91%
7.29%
7.12%
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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PGINX vs. VOO - Expense Ratio Comparison
PGINX has a 0.90% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PGINX vs. VOO — Risk-Adjusted Performance Rank
PGINX
VOO
PGINX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Impax Global Environmental Markets Fund Institutional Class (PGINX) 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
PGINX vs. VOO - Dividend Comparison
PGINX's dividend yield for the trailing twelve months is around 0.55%, less than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGINX Impax Global Environmental Markets Fund Institutional Class | 0.55% | 0.57% | 0.74% | 0.32% | 0.72% | 0.60% | 0.86% | 1.21% | 0.57% | 0.76% | 0.48% | 1.25% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PGINX vs. VOO - Drawdown Comparison
The maximum PGINX drawdown since its inception was -52.48%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PGINX and VOO. For additional features, visit the drawdowns tool.
Volatility
PGINX vs. VOO - Volatility Comparison
Impax Global Environmental Markets Fund Institutional Class (PGINX) has a higher volatility of 3.58% compared to Vanguard S&P 500 ETF (VOO) at 3.38%. This indicates that PGINX'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.