PODAX vs. VOO
Compare and contrast key facts about Pacific Funds Portfolio Optimization Growth (PODAX) and Vanguard S&P 500 ETF (VOO).
PODAX is managed by Pacific Funds Series Trust. It was launched on Dec 30, 2003. 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: PODAX or VOO.
Key characteristics
| PODAX | VOO | |
|---|---|---|
| YTD Return | 11.70% | 18.91% |
| 1Y Return | 19.68% | 28.20% |
| 3Y Return (Ann) | 2.07% | 9.93% |
| 5Y Return (Ann) | 7.91% | 15.31% |
| 10Y Return (Ann) | 7.40% | 12.87% |
| Sharpe Ratio | 1.94 | 2.21 |
| Daily Std Dev | 9.98% | 12.64% |
| Max Drawdown | -50.14% | -33.99% |
| Current Drawdown | -0.40% | -0.60% |
Correlation
The correlation between PODAX and VOO is 0.95, 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
PODAX vs. VOO - Performance Comparison
In the year-to-date period, PODAX achieves a 11.70% return, which is significantly lower than VOO's 18.91% return. Over the past 10 years, PODAX has underperformed VOO with an annualized return of 7.40%, while VOO has yielded a comparatively higher 12.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PODAX vs. VOO - Expense Ratio Comparison
PODAX has a 0.60% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PODAX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacific Funds Portfolio Optimization Growth (PODAX) 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
PODAX vs. VOO - Dividend Comparison
PODAX's dividend yield for the trailing twelve months is around 1.20%, less than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PODAX Pacific Funds Portfolio Optimization Growth | 1.20% | 1.34% | 26.52% | 10.54% | 2.64% | 6.88% | 25.73% | 4.01% | 6.37% | 8.05% | 2.21% | 1.29% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
PODAX vs. VOO - Drawdown Comparison
The maximum PODAX drawdown since its inception was -50.14%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PODAX and VOO. For additional features, visit the drawdowns tool.
Volatility
PODAX vs. VOO - Volatility Comparison
The current volatility for Pacific Funds Portfolio Optimization Growth (PODAX) is 3.16%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.83%. This indicates that PODAX 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.