ROOT vs. VOO
Compare and contrast key facts about Root, Inc. (ROOT) and Vanguard S&P 500 ETF (VOO).
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: ROOT or VOO.
Correlation
The correlation between ROOT and VOO is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ROOT vs. VOO - Performance Comparison
Key characteristics
ROOT:
6.26
VOO:
2.12
ROOT:
5.18
VOO:
2.82
ROOT:
1.65
VOO:
1.39
ROOT:
8.38
VOO:
3.21
ROOT:
25.70
VOO:
13.50
ROOT:
32.14%
VOO:
2.01%
ROOT:
132.09%
VOO:
12.80%
ROOT:
-99.29%
VOO:
-33.99%
ROOT:
-82.86%
VOO:
-0.30%
Returns By Period
In the year-to-date period, ROOT achieves a 14.78% return, which is significantly higher than VOO's 3.75% return.
ROOT
14.78%
14.50%
22.80%
846.82%
N/A
N/A
VOO
3.75%
1.12%
12.44%
26.28%
14.91%
13.68%
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Risk-Adjusted Performance
ROOT vs. VOO — Risk-Adjusted Performance Rank
ROOT
VOO
ROOT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Root, Inc. (ROOT) 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
ROOT vs. VOO - Dividend Comparison
ROOT has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROOT Root, Inc. | 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 | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
ROOT vs. VOO - Drawdown Comparison
The maximum ROOT drawdown since its inception was -99.29%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ROOT and VOO. For additional features, visit the drawdowns tool.
Volatility
ROOT vs. VOO - Volatility Comparison
Root, Inc. (ROOT) has a higher volatility of 14.96% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. This indicates that ROOT'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.