Correlation
The correlation between SABPX and VOO is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
SABPX vs. VOO
Compare and contrast key facts about Principal Strategic Asset Management Balanced Portfolio (SABPX) and Vanguard S&P 500 ETF (VOO).
SABPX is managed by Blackrock. It was launched on Jul 24, 1996. 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: SABPX or VOO.
Performance
SABPX vs. VOO - Performance Comparison
Loading data...
Key characteristics
SABPX:
0.89
VOO:
0.74
SABPX:
1.17
VOO:
1.04
SABPX:
1.17
VOO:
1.15
SABPX:
0.84
VOO:
0.68
SABPX:
3.53
VOO:
2.58
SABPX:
2.54%
VOO:
4.93%
SABPX:
11.21%
VOO:
19.54%
SABPX:
-40.58%
VOO:
-33.99%
SABPX:
-0.83%
VOO:
-3.55%
Returns By Period
In the year-to-date period, SABPX achieves a 2.80% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, SABPX has underperformed VOO with an annualized return of 6.33%, while VOO has yielded a comparatively higher 12.81% annualized return.
SABPX
2.80%
2.99%
-0.24%
9.23%
7.89%
8.23%
6.33%
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SABPX vs. VOO - Expense Ratio Comparison
SABPX has a 0.60% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SABPX vs. VOO — Risk-Adjusted Performance Rank
SABPX
VOO
SABPX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Strategic Asset Management Balanced Portfolio (SABPX) 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.
Loading data...
Dividends
SABPX vs. VOO - Dividend Comparison
SABPX's dividend yield for the trailing twelve months is around 6.65%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SABPX Principal Strategic Asset Management Balanced Portfolio | 6.65% | 6.84% | 1.64% | 8.17% | 9.59% | 3.13% | 4.05% | 9.79% | 6.98% | 3.58% | 8.20% | 4.37% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SABPX vs. VOO - Drawdown Comparison
The maximum SABPX drawdown since its inception was -40.58%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SABPX and VOO.
Loading data...
Volatility
SABPX vs. VOO - Volatility Comparison
The current volatility for Principal Strategic Asset Management Balanced Portfolio (SABPX) is 2.73%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that SABPX 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.
Loading data...