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:
1.88
REDWX:
0.31
VOO:
2.53
REDWX:
1.05
VOO:
1.35
REDWX:
0.22
VOO:
2.81
REDWX:
0.54
VOO:
11.78
REDWX:
5.20%
VOO:
2.02%
REDWX:
17.24%
VOO:
12.67%
REDWX:
-41.93%
VOO:
-33.99%
REDWX:
-7.48%
VOO:
0.00%
Returns By Period
In the year-to-date period, REDWX achieves a 6.05% return, which is significantly higher than VOO's 4.61% return.
REDWX
6.05%
3.17%
-1.43%
4.00%
6.76%
N/A
VOO
4.61%
2.59%
10.08%
25.10%
14.79%
13.30%
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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 0.27%, less than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REDWX Aspiration Redwood Fund | 0.27% | 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 | 1.19% | 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) has a higher volatility of 3.77% compared to Vanguard S&P 500 ETF (VOO) at 3.01%. This indicates that REDWX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.