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RNW vs. VOO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

RNW vs. VOO - Performance Comparison

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

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Returns By Period

The year-to-date returns for both investments are quite close, with RNW having a 10.97% return and VOO slightly higher at 11.31%.


RNW

1D
2.12%
1M
-2.49%
6M
15.47%
YTD
10.97%
1Y
-15.95%
3Y*
3.96%
5Y*
-8.86%
10Y*

VOO

1D
0.46%
1M
2.04%
6M
9.36%
YTD
11.31%
1Y
22.48%
3Y*
21.08%
5Y*
13.22%
10Y*
15.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RNW vs. VOO - Yearly Performance Comparison


2026 (YTD)20252024202320222021
RNW
ReNew Energy Global plc
10.97%-17.28%-10.84%39.27%-29.31%-29.27%
VOO
Vanguard S&P 500 ETF
11.31%17.82%24.98%26.32%-18.17%30.12%

Correlation

The correlation between RNW and VOO is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.26

Correlation (3Y)
Calculated over the trailing 3-year period

0.30

Correlation (5Y)
Calculated over the trailing 5-year period

0.34

Correlation (All Time)
Calculated using the full available price history since Feb 1, 2021

0.34

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Return for Risk

RNW vs. VOO — Risk / Return Rank

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

RNW
RNW Risk / Return Rank: 2929
Overall Rank
RNW Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
RNW Sortino Ratio Rank: 2828
Sortino Ratio Rank
RNW Omega Ratio Rank: 2525
Omega Ratio Rank
RNW Calmar Ratio Rank: 3333
Calmar Ratio Rank
RNW Martin Ratio Rank: 3333
Martin Ratio Rank

VOO
VOO Risk / Return Rank: 6868
Overall Rank
VOO Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
VOO Sortino Ratio Rank: 6666
Sortino Ratio Rank
VOO Omega Ratio Rank: 6868
Omega Ratio Rank
VOO Calmar Ratio Rank: 6262
Calmar Ratio Rank
VOO Martin Ratio Rank: 7474
Martin Ratio Rank
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.

RNW vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ReNew Energy Global plc (RNW) 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.


RNWVOODifference
Sharpe ratioReturn per unit of total volatility

-2.17

Sortino ratioReturn per unit of downside risk

-2.70

Omega ratioGain probability vs. loss probability

0.95

1.32

-0.37

Calmar ratioReturn relative to maximum drawdown

-0.35

2.49

-2.84

Martin ratioReturn relative to average drawdown

-0.63

10.85

-11.48

RNW vs. VOO - Sharpe Ratio Comparison

The current RNW Sharpe Ratio is -0.40, which is lower than the VOO Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of RNW 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.


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Drawdowns

RNW vs. VOO - Drawdown Comparison

The maximum RNW drawdown since its inception was -64.92%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RNW and VOO.


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Drawdown Indicators


RNWVOODifference

Max Drawdown

Largest peak-to-trough decline

-64.92%

-33.99%

-30.93%

Max Drawdown (1Y)

Largest decline over 1 year

-45.05%

-8.90%

-36.15%

Max Drawdown (3Y)

Largest decline over 3 years

-45.05%

-18.69%

-26.36%

Max Drawdown (5Y)

Largest decline over 5 years

-64.24%

-24.52%

-39.72%

Max Drawdown (10Y)

Largest decline over 10 years

-33.99%

Current Drawdown

Current decline from peak

-47.88%

-0.34%

-47.54%

Average Drawdown

Average peak-to-trough decline

-42.70%

-3.68%

-39.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

25.19%

2.04%

+23.15%

Volatility

RNW vs. VOO - Volatility Comparison

ReNew Energy Global plc (RNW) has a higher volatility of 9.88% compared to Vanguard S&P 500 ETF (VOO) at 4.42%. This indicates that RNW'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.


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Volatility by Period


RNWVOODifference

Volatility (1M)

Calculated over the trailing 1-month period

9.88%

4.42%

+5.46%

Volatility (6M)

Calculated over the trailing 6-month period

22.54%

9.94%

+12.60%

Volatility (1Y)

Calculated over the trailing 1-year period

39.58%

12.48%

+27.10%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

47.44%

16.92%

+30.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

45.93%

17.99%

+27.94%

Dividends

RNW vs. VOO - Dividend Comparison

RNW has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.06%.


PositionTTM20252024202320222021202020192018201720162015
RNW
ReNew Energy Global plc
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.06%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


RNW and VOO have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RNW has higher volatility (9.88%) compared to VOO (4.42%). In terms of maximum drawdown, RNW dropped -64.92% vs VOO's -33.99%.

VOO currently has the higher Sharpe Ratio (1.77 vs -0.40), 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.

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