PMT vs. VOO
Compare and contrast key facts about PennyMac Mortgage Investment Trust (PMT) and Vanguard S&P 500 ETF (VOO).
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: PMT or VOO.
Correlation
The correlation between PMT and VOO is 0.47, 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.
Performance
PMT vs. VOO - Performance Comparison
Key characteristics
PMT:
0.29
VOO:
-0.07
PMT:
0.51
VOO:
0.01
PMT:
1.08
VOO:
1.00
PMT:
0.45
VOO:
-0.07
PMT:
0.96
VOO:
-0.36
PMT:
6.81%
VOO:
3.31%
PMT:
22.51%
VOO:
15.79%
PMT:
-75.90%
VOO:
-33.99%
PMT:
-7.45%
VOO:
-17.13%
Returns By Period
In the year-to-date period, PMT achieves a 8.58% return, which is significantly higher than VOO's -13.30% return. Over the past 10 years, PMT has underperformed VOO with an annualized return of 6.73%, while VOO has yielded a comparatively higher 11.35% annualized return.
PMT
8.58%
-5.72%
1.55%
7.71%
28.13%
6.73%
VOO
-13.30%
-12.91%
-11.02%
0.06%
17.17%
11.35%
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Risk-Adjusted Performance
PMT vs. VOO — Risk-Adjusted Performance Rank
PMT
VOO
PMT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PennyMac Mortgage Investment Trust (PMT) 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
PMT vs. VOO - Dividend Comparison
PMT's dividend yield for the trailing twelve months is around 11.70%, more than VOO's 1.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMT PennyMac Mortgage Investment Trust | 11.70% | 12.71% | 10.70% | 14.61% | 10.85% | 8.64% | 8.43% | 10.10% | 11.70% | 11.48% | 14.15% | 14.18% |
VOO Vanguard S&P 500 ETF | 1.50% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PMT vs. VOO - Drawdown Comparison
The maximum PMT drawdown since its inception was -75.90%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PMT and VOO. For additional features, visit the drawdowns tool.
Volatility
PMT vs. VOO - Volatility Comparison
The current volatility for PennyMac Mortgage Investment Trust (PMT) is 7.31%, while Vanguard S&P 500 ETF (VOO) has a volatility of 9.12%. This indicates that PMT 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.