REDWX vs. VOO
Compare and contrast key facts about Aspiration Redwood Fund (REDWX) and Vanguard S&P 500 ETF (VOO).
REDWX is managed by Aspiration Funds. It was launched on Nov 16, 2015. 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: REDWX or VOO.
Correlation
The correlation between REDWX and VOO is 0.92, 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
REDWX vs. VOO - Performance Comparison
Key characteristics
REDWX:
-0.16
VOO:
0.61
REDWX:
-0.07
VOO:
0.96
REDWX:
0.99
VOO:
1.14
REDWX:
-0.15
VOO:
0.62
REDWX:
-0.42
VOO:
2.51
REDWX:
8.67%
VOO:
4.63%
REDWX:
22.34%
VOO:
19.16%
REDWX:
-41.93%
VOO:
-33.99%
REDWX:
-15.29%
VOO:
-9.30%
Returns By Period
In the year-to-date period, REDWX achieves a -2.91% return, which is significantly higher than VOO's -5.11% return.
REDWX
-2.91%
1.17%
-11.65%
-4.78%
9.13%
N/A
VOO
-5.11%
-0.26%
-4.09%
10.13%
15.61%
12.19%
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REDWX vs. VOO - Expense Ratio Comparison
REDWX has a 2.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
REDWX vs. VOO — Risk-Adjusted Performance Rank
REDWX
VOO
REDWX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aspiration Redwood Fund (REDWX) 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
REDWX vs. VOO - Dividend Comparison
REDWX's dividend yield for the trailing twelve months is around 0.29%, less than VOO's 1.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REDWX Aspiration Redwood Fund | 0.29% | 0.28% | 0.44% | 0.89% | 1.24% | 0.00% | 4.61% | 1.10% | 0.51% | 1.94% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.37% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
REDWX vs. VOO - Drawdown Comparison
The maximum REDWX drawdown since its inception was -41.93%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for REDWX and VOO. For additional features, visit the drawdowns tool.
Volatility
REDWX vs. VOO - Volatility Comparison
Aspiration Redwood Fund (REDWX) and Vanguard S&P 500 ETF (VOO) have volatilities of 13.45% and 13.84%, 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.