PYHRX vs. VOO
Compare and contrast key facts about Payden High Income Fund (PYHRX) and Vanguard S&P 500 ETF (VOO).
PYHRX is managed by Paydenfunds. It was launched on Dec 30, 1997. 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: PYHRX or VOO.
Correlation
The correlation between PYHRX and VOO is 0.42, 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
PYHRX vs. VOO - Performance Comparison
Key characteristics
PYHRX:
3.52
VOO:
1.88
PYHRX:
5.45
VOO:
2.53
PYHRX:
1.80
VOO:
1.35
PYHRX:
6.46
VOO:
2.81
PYHRX:
22.77
VOO:
11.78
PYHRX:
0.42%
VOO:
2.02%
PYHRX:
2.69%
VOO:
12.67%
PYHRX:
-27.80%
VOO:
-33.99%
PYHRX:
0.00%
VOO:
0.00%
Returns By Period
In the year-to-date period, PYHRX achieves a 1.68% return, which is significantly lower than VOO's 4.61% return. Over the past 10 years, PYHRX has underperformed VOO with an annualized return of 5.33%, while VOO has yielded a comparatively higher 13.30% annualized return.
PYHRX
1.68%
0.73%
3.24%
9.47%
5.19%
5.33%
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PYHRX vs. VOO - Expense Ratio Comparison
PYHRX has a 0.60% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PYHRX vs. VOO — Risk-Adjusted Performance Rank
PYHRX
VOO
PYHRX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Payden High Income Fund (PYHRX) 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
PYHRX vs. VOO - Dividend Comparison
PYHRX's dividend yield for the trailing twelve months is around 7.10%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PYHRX Payden High Income Fund | 7.10% | 7.19% | 6.68% | 6.07% | 4.79% | 5.00% | 5.23% | 5.88% | 5.27% | 5.28% | 5.52% | 6.08% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PYHRX vs. VOO - Drawdown Comparison
The maximum PYHRX drawdown since its inception was -27.80%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PYHRX and VOO. For additional features, visit the drawdowns tool.
Volatility
PYHRX vs. VOO - Volatility Comparison
The current volatility for Payden High Income Fund (PYHRX) is 0.71%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.01%. This indicates that PYHRX 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.