SAPEX vs. VOO
Compare and contrast key facts about Spectrum Active Advantage Fund (SAPEX) and Vanguard S&P 500 ETF (VOO).
SAPEX is managed by Advisors Preferred. It was launched on May 31, 2015. 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: SAPEX or VOO.
Key characteristics
SAPEX | VOO | |
---|---|---|
YTD Return | 4.84% | 19.24% |
1Y Return | 15.51% | 28.44% |
3Y Return (Ann) | -9.79% | 10.06% |
5Y Return (Ann) | 3.15% | 15.24% |
Sharpe Ratio | 1.09 | 2.11 |
Daily Std Dev | 13.48% | 12.65% |
Max Drawdown | -43.33% | -33.99% |
Current Drawdown | -32.14% | -0.33% |
Correlation
The correlation between SAPEX and VOO is 0.86, 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.
Performance
SAPEX vs. VOO - Performance Comparison
In the year-to-date period, SAPEX achieves a 4.84% return, which is significantly lower than VOO's 19.24% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SAPEX vs. VOO - Expense Ratio Comparison
SAPEX has a 1.69% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SAPEX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spectrum Active Advantage Fund (SAPEX) 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
SAPEX vs. VOO - Dividend Comparison
SAPEX's dividend yield for the trailing twelve months is around 2.00%, more than VOO's 1.28% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Spectrum Active Advantage Fund | 2.00% | 0.88% | 0.00% | 28.23% | 17.42% | 0.74% | 3.09% | 4.47% | 0.17% | 0.71% | 0.00% | 0.00% |
Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
SAPEX vs. VOO - Drawdown Comparison
The maximum SAPEX drawdown since its inception was -43.33%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SAPEX and VOO. For additional features, visit the drawdowns tool.
Volatility
SAPEX vs. VOO - Volatility Comparison
Spectrum Active Advantage Fund (SAPEX) has a higher volatility of 4.63% compared to Vanguard S&P 500 ETF (VOO) at 3.93%. This indicates that SAPEX'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.