RTDYX vs. VOO

Last updated Jun 23, 2026

RTDYX (Russell Investments Multifactor U.S. Equity Fund) and VOO (Vanguard S&P 500 ETF) are both funds - RTDYX is a Large Cap Blend Equities fund managed by Russell, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, RTDYX returned 14.33%/yr vs 15.77%/yr for VOO. With a 0.98 correlation, they move nearly in lockstep. RTDYX charges 0.35%/yr vs 0.03%/yr for VOO.

Performance

RTDYX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Russell Investments Multifactor U.S. Equity Fund (RTDYX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with RTDYX having a 10.22% return and VOO slightly lower at 9.75%. Over the past 10 years, RTDYX has underperformed VOO with an annualized return of 14.33%, while VOO has yielded a comparatively higher 15.77% annualized return.

RTDYX

• 1D: 0.91%
• 1M: 0.49%
• YTD: 10.22%
• 6M: 9.47%
• 1Y: 25.98%
• 3Y*: 19.45%
• 5Y*: 13.11%
• 10Y*: 14.33%

VOO

• 1D: -0.29%
• 1M: 0.08%
• YTD: 9.75%
• 6M: 9.30%
• 1Y: 26.77%
• 3Y*: 21.36%
• 5Y*: 13.58%
• 10Y*: 15.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RTDYX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RTDYX Russell Investments Multifactor U.S. Equity Fund	10.22%	16.05%	22.01%	24.92%	-16.48%	27.22%	13.88%	30.27%	-7.16%	21.59%
VOO Vanguard S&P 500 ETF	9.75%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-4.50%	21.77%

Correlation

The correlation between RTDYX and VOO is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.99
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015	0.98

The correlation between RTDYX and VOO has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

RTDYX vs. VOO — Risk / Return Rank

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

RTDYX

RTDYX Risk / Return Rank: 66
RTDYX Sharpe Ratio Rank: 63
RTDYX Sortino Ratio Rank: 58
RTDYX Omega Ratio Rank: 59
RTDYX Calmar Ratio Rank: 71
RTDYX Martin Ratio Rank: 81

VOO

VOO Risk / Return Rank: 68
VOO Sharpe Ratio Rank: 70
VOO Sortino Ratio Rank: 67
VOO Omega Ratio Rank: 69
VOO Calmar Ratio Rank: 63
VOO Martin Ratio Rank: 74

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.

RTDYX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Russell Investments Multifactor U.S. Equity Fund (RTDYX) 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.

	RTDYX	VOO	Difference
Sharpe ratio: Return per unit of total volatility	2.14	2.17	-0.03
Sortino ratio: Return per unit of downside risk	2.92	2.93	-0.01
Omega ratio: Gain probability vs. loss probability	1.39	1.39	-0.01
Calmar ratio: Return relative to maximum drawdown	3.10	3.02	+0.08
Martin ratio: Return relative to average drawdown	13.96	13.58	+0.38

RTDYX vs. VOO - Sharpe Ratio Comparison

The current RTDYX Sharpe Ratio is 2.14, which is comparable to the VOO Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of RTDYX 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.

Drawdowns

RTDYX vs. VOO - Drawdown Comparison

The maximum RTDYX drawdown since its inception was -37.43%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for RTDYX and VOO.

Drawdown Indicators

	RTDYX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-37.43%	-33.99%	-3.44%
Max Drawdown (1Y) Largest decline over 1 year	-8.33%	-8.90%	+0.57%
Max Drawdown (3Y) Largest decline over 3 years	-37.43%	-18.69%	-18.74%
Max Drawdown (5Y) Largest decline over 5 years	-37.43%	-24.52%	-12.91%
Max Drawdown (10Y) Largest decline over 10 years	-37.43%	-33.99%	-3.44%
Current Drawdown Current decline from peak	-5.15%	-1.74%	-3.41%
Average Drawdown Average peak-to-trough decline	-6.29%	-3.68%	-2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	1.98%	-0.13%

Volatility

RTDYX vs. VOO - Volatility Comparison

Russell Investments Multifactor U.S. Equity Fund (RTDYX) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.51% and 4.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RTDYX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	4.60%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.51%	9.73%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	12.07%	12.39%	-0.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.47%	16.90%	+7.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.13%	18.05%	+4.08%

RTDYX vs. VOO - Expense Ratio Comparison

RTDYX has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.

Dividends

RTDYX vs. VOO - Dividend Comparison

RTDYX's dividend yield for the trailing twelve months is around 31.72%, more than VOO's 1.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RTDYX Russell Investments Multifactor U.S. Equity Fund	31.72%	35.18%	31.60%	4.66%	6.03%	6.51%	3.44%	6.62%	11.47%	7.65%	1.79%	2.57%
VOO Vanguard S&P 500 ETF	1.04%	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

Can I hold both RTDYX and VOO in my portfolio?

With a correlation of 0.99, RTDYX and VOO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, RTDYX or VOO?

VOO has higher volatility (4.60%) compared to RTDYX (4.51%). In terms of maximum drawdown, RTDYX dropped -37.43% vs VOO's -33.99%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (2.17 vs 2.14), 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.