RPAR vs. VOO
Compare and contrast key facts about RPAR Risk Parity ETF (RPAR) and Vanguard S&P 500 ETF (VOO).
RPAR and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RPAR is an actively managed fund by Toroso Investments. It was launched on Dec 13, 2019. 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.
Performance
RPAR vs. VOO - Performance Comparison
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RPAR vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RPAR RPAR Risk Parity ETF | 4.45% | 17.91% | 0.06% | 6.03% | -22.82% | 7.56% | 19.40% | 0.11% |
VOO Vanguard S&P 500 ETF | -3.66% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 1.99% |
Returns By Period
In the year-to-date period, RPAR achieves a 4.45% return, which is significantly higher than VOO's -3.66% return.
RPAR
- 1D
- 0.58%
- 1M
- -4.89%
- YTD
- 4.45%
- 6M
- 6.49%
- 1Y
- 16.02%
- 3Y*
- 7.42%
- 5Y*
- 2.36%
- 10Y*
- —
VOO
- 1D
- 0.79%
- 1M
- -4.29%
- YTD
- -3.66%
- 6M
- -1.41%
- 1Y
- 18.17%
- 3Y*
- 18.58%
- 5Y*
- 11.93%
- 10Y*
- 14.14%
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RPAR vs. VOO - Expense Ratio Comparison
RPAR has a 0.51% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
RPAR vs. VOO — Risk / Return Rank
RPAR
VOO
RPAR vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RPAR Risk Parity ETF (RPAR) 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.
| RPAR | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.37 | 1.01 | +0.36 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.53 | +0.36 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.23 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.02 | 1.55 | +0.47 |
Martin ratioReturn relative to average drawdown | 7.13 | 7.31 | -0.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| RPAR | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | 1.01 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.71 | -0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.83 | -0.50 |
Correlation
The correlation between RPAR and VOO is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
RPAR vs. VOO - Dividend Comparison
RPAR's dividend yield for the trailing twelve months is around 2.13%, more than VOO's 1.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPAR RPAR Risk Parity ETF | 2.13% | 2.55% | 2.51% | 3.16% | 4.01% | 2.02% | 0.76% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.18% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
RPAR vs. VOO - Drawdown Comparison
The maximum RPAR drawdown since its inception was -30.16%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RPAR and VOO.
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Drawdown Indicators
| RPAR | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.16% | -33.99% | +3.83% |
Max Drawdown (1Y)Largest decline over 1 year | -8.10% | -11.98% | +3.88% |
Max Drawdown (5Y)Largest decline over 5 years | -30.16% | -24.52% | -5.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -5.42% | -5.55% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -11.83% | -3.72% | -8.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 2.55% | -0.25% |
Volatility
RPAR vs. VOO - Volatility Comparison
The current volatility for RPAR Risk Parity ETF (RPAR) is 4.61%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.34%. This indicates that RPAR 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.
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Volatility by Period
| RPAR | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 5.34% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 7.76% | 9.47% | -1.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.74% | 18.11% | -6.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.35% | 16.82% | -4.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.73% | 17.99% | -5.26% |