RAYD vs. VOO
Compare and contrast key facts about Rayliant Quantitative Developed Market Equity ETF (RAYD) and Vanguard S&P 500 ETF (VOO).
RAYD and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RAYD is an actively managed fund by Rayliant. It was launched on Dec 15, 2021. 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: RAYD or VOO.
Correlation
The correlation between RAYD 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
RAYD vs. VOO - Performance Comparison
Key characteristics
RAYD:
2.37
VOO:
1.76
RAYD:
3.17
VOO:
2.37
RAYD:
1.43
VOO:
1.32
RAYD:
3.51
VOO:
2.66
RAYD:
14.53
VOO:
11.10
RAYD:
1.99%
VOO:
2.02%
RAYD:
12.20%
VOO:
12.79%
RAYD:
-21.00%
VOO:
-33.99%
RAYD:
-1.94%
VOO:
-2.11%
Returns By Period
In the year-to-date period, RAYD achieves a 6.42% return, which is significantly higher than VOO's 2.40% return.
RAYD
6.42%
2.88%
11.72%
26.67%
N/A
N/A
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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RAYD vs. VOO - Expense Ratio Comparison
RAYD has a 0.80% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
RAYD vs. VOO — Risk-Adjusted Performance Rank
RAYD
VOO
RAYD vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rayliant Quantitative Developed Market Equity ETF (RAYD) 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
RAYD vs. VOO - Dividend Comparison
RAYD's dividend yield for the trailing twelve months is around 0.92%, less than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RAYD Rayliant Quantitative Developed Market Equity ETF | 0.92% | 0.98% | 1.63% | 1.40% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
RAYD vs. VOO - Drawdown Comparison
The maximum RAYD drawdown since its inception was -21.00%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RAYD and VOO. For additional features, visit the drawdowns tool.
Volatility
RAYD vs. VOO - Volatility Comparison
Rayliant Quantitative Developed Market Equity ETF (RAYD) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.48% and 3.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.