ROYA vs. VOO
Compare and contrast key facts about Tema Global Royalties ETF (ROYA) and Vanguard S&P 500 ETF (VOO).
ROYA and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ROYA is an actively managed fund by Tema. It was launched on Aug 16, 2023. 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: ROYA or VOO.
Correlation
The correlation between ROYA and VOO is 0.36, 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
ROYA vs. VOO - Performance Comparison
Key characteristics
Returns By Period
ROYA
N/A
N/A
N/A
N/A
N/A
N/A
VOO
-5.11%
-0.26%
-4.09%
10.13%
15.61%
12.19%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ROYA vs. VOO - Expense Ratio Comparison
ROYA has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
ROYA vs. VOO — Risk-Adjusted Performance Rank
ROYA
VOO
ROYA vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tema Global Royalties ETF (ROYA) 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
ROYA vs. VOO - Dividend Comparison
ROYA has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.37%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROYA Tema Global Royalties ETF | 0.00% | 0.11% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.37% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
ROYA vs. VOO - Drawdown Comparison
Volatility
ROYA vs. VOO - Volatility Comparison
The current volatility for Tema Global Royalties ETF (ROYA) is 0.00%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.84%. This indicates that ROYA experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.