RGT vs. VOO

Last updated Jun 24, 2026

RGT (Royce Global Value Trust, Inc.) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, RGT returned 10.85%/yr vs 15.61%/yr for VOO. A 0.68 correlation means they provide meaningful diversification when combined.

Performance

RGT vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Royce Global Value Trust, Inc. (RGT) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RGT achieves a 7.78% return, which is significantly lower than VOO's 8.19% return. Over the past 10 years, RGT has underperformed VOO with an annualized return of 10.85%, while VOO has yielded a comparatively higher 15.61% annualized return.

RGT

• 1D: -1.60%
• 1M: 0.00%
• YTD: 7.78%
• 6M: 7.53%
• 1Y: 22.05%
• 3Y*: 18.92%
• 5Y*: 3.95%
• 10Y*: 10.85%

VOO

• 1D: -1.42%
• 1M: -1.34%
• YTD: 8.19%
• 6M: 7.24%
• 1Y: 23.69%
• 3Y*: 20.78%
• 5Y*: 13.13%
• 10Y*: 15.61%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RGT vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RGT Royce Global Value Trust, Inc.	7.78%	24.10%	14.45%	14.55%	-33.13%	16.59%	23.87%	32.36%	-17.49%	35.94%
VOO Vanguard S&P 500 ETF	8.19%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between RGT and VOO is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since Oct 9, 2013	0.68

The correlation between RGT and VOO has been stable across timeframes, ranging from 0.68 to 0.73 - a consistent structural relationship.

Return for Risk

RGT vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RGT

RGT Risk / Return Rank: 78
RGT Sharpe Ratio Rank: 81
RGT Sortino Ratio Rank: 80
RGT Omega Ratio Rank: 77
RGT Calmar Ratio Rank: 73
RGT Martin Ratio Rank: 78

VOO

VOO Risk / Return Rank: 59
VOO Sharpe Ratio Rank: 59
VOO Sortino Ratio Rank: 56
VOO Omega Ratio Rank: 58
VOO Calmar Ratio Rank: 56
VOO Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RGT vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Royce Global Value Trust, Inc. (RGT) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RGT	VOO	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.91	-0.48
Sortino ratio: Return per unit of downside risk	2.20	2.60	-0.40
Omega ratio: Gain probability vs. loss probability	1.27	1.35	-0.08
Calmar ratio: Return relative to maximum drawdown	1.73	2.67	-0.94
Martin ratio: Return relative to average drawdown	5.46	11.96	-6.50

RGT vs. VOO - Sharpe Ratio Comparison

The current RGT Sharpe Ratio is 1.44, which is comparable to the VOO Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of RGT and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

RGT vs. VOO - Drawdown Comparison

The maximum RGT drawdown since its inception was -46.83%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RGT and VOO.

Drawdown Indicators

	RGT	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-46.83%	-33.99%	-12.84%
Max Drawdown (1Y) Largest decline over 1 year	-12.81%	-8.90%	-3.91%
Max Drawdown (3Y) Largest decline over 3 years	-18.99%	-18.69%	-0.30%
Max Drawdown (5Y) Largest decline over 5 years	-45.97%	-24.52%	-21.45%
Max Drawdown (10Y) Largest decline over 10 years	-46.83%	-33.99%	-12.84%
Current Drawdown Current decline from peak	-5.23%	-3.14%	-2.09%
Average Drawdown Average peak-to-trough decline	-14.85%	-3.68%	-11.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.05%	1.99%	+2.06%

Volatility

RGT vs. VOO - Volatility Comparison

Royce Global Value Trust, Inc. (RGT) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.62% and 4.83%, 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.

Volatility by Period

	RGT	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.62%	4.83%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	12.79%	9.82%	+2.97%
Volatility (1Y) Calculated over the trailing 1-year period	15.44%	12.46%	+2.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.03%	16.91%	+2.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.00%	18.02%	+1.98%

Dividends

RGT vs. VOO - Dividend Comparison

RGT's dividend yield for the trailing twelve months is around 1.34%, more than VOO's 1.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RGT Royce Global Value Trust, Inc.	1.34%	1.45%	4.38%	1.54%	1.50%	20.96%	8.91%	0.51%	0.45%	1.02%	1.74%	0.00%
VOO Vanguard S&P 500 ETF	1.05%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both RGT and VOO in my portfolio?

RGT and VOO have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RGT or VOO?

VOO has higher volatility (4.83%) compared to RGT (4.62%). In terms of maximum drawdown, RGT dropped -46.83% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.91 vs 1.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.