SHBI vs. VOO
Compare and contrast key facts about Shore Bancshares, Inc. (SHBI) and Vanguard S&P 500 ETF (VOO).
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: SHBI or VOO.
Correlation
The correlation between SHBI and VOO is 0.32, 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
SHBI vs. VOO - Performance Comparison
Key characteristics
SHBI:
1.77
VOO:
1.98
SHBI:
2.74
VOO:
2.65
SHBI:
1.34
VOO:
1.36
SHBI:
1.00
VOO:
2.98
SHBI:
8.18
VOO:
12.44
SHBI:
6.63%
VOO:
2.02%
SHBI:
30.69%
VOO:
12.69%
SHBI:
-85.55%
VOO:
-33.99%
SHBI:
-22.33%
VOO:
0.00%
Returns By Period
In the year-to-date period, SHBI achieves a 4.48% return, which is significantly higher than VOO's 4.06% return. Over the past 10 years, SHBI has underperformed VOO with an annualized return of 8.54%, while VOO has yielded a comparatively higher 13.32% annualized return.
SHBI
4.48%
6.91%
24.51%
46.02%
4.02%
8.54%
VOO
4.06%
2.04%
10.75%
23.75%
14.44%
13.32%
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Risk-Adjusted Performance
SHBI vs. VOO — Risk-Adjusted Performance Rank
SHBI
VOO
SHBI vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shore Bancshares, Inc. (SHBI) 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
SHBI vs. VOO - Dividend Comparison
SHBI's dividend yield for the trailing twelve months is around 2.92%, more than VOO's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHBI Shore Bancshares, Inc. | 2.92% | 3.03% | 3.37% | 2.75% | 2.30% | 3.29% | 2.42% | 2.20% | 1.32% | 0.92% | 0.37% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SHBI vs. VOO - Drawdown Comparison
The maximum SHBI drawdown since its inception was -85.55%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SHBI and VOO. For additional features, visit the drawdowns tool.
Volatility
SHBI vs. VOO - Volatility Comparison
Shore Bancshares, Inc. (SHBI) has a higher volatility of 6.80% compared to Vanguard S&P 500 ETF (VOO) at 3.13%. This indicates that SHBI'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.