RNW vs. VOO
RNW (ReNew Energy Global plc) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, RNW returned -8.86%/yr vs 13.22%/yr for VOO. At a 0.34 correlation, their price movements are largely independent.
Performance
RNW vs. VOO - Performance Comparison
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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%
RNW vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
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
RNW
VOO
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.
| RNW | VOO | Difference | |
|---|---|---|---|
| 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 |
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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
| RNW | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -47.88% | -0.34% | -47.54% |
Average DrawdownAverage peak-to-trough decline | -42.70% | -3.68% | -39.02% |
Ulcer IndexDepth 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
| RNW | VOO | Difference | |
|---|---|---|---|
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%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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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