PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SMTH vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SMTH and VOO is 0.24, 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.


-0.50.00.51.00.2

Performance

SMTH vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ALPS Smith Core Plus Bond ETF (SMTH) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
6.18%
32.27%
SMTH
VOO

Key characteristics

Sharpe Ratio

SMTH:

0.59

VOO:

2.25

Sortino Ratio

SMTH:

0.90

VOO:

2.98

Omega Ratio

SMTH:

1.10

VOO:

1.42

Calmar Ratio

SMTH:

0.94

VOO:

3.31

Martin Ratio

SMTH:

1.92

VOO:

14.77

Ulcer Index

SMTH:

1.48%

VOO:

1.90%

Daily Std Dev

SMTH:

4.87%

VOO:

12.46%

Max Drawdown

SMTH:

-3.04%

VOO:

-33.99%

Current Drawdown

SMTH:

-3.04%

VOO:

-2.47%

Returns By Period

In the year-to-date period, SMTH achieves a 2.60% return, which is significantly lower than VOO's 26.02% return.


SMTH

YTD

2.60%

1M

-0.22%

6M

1.86%

1Y

3.02%

5Y*

N/A

10Y*

N/A

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SMTH vs. VOO - Expense Ratio Comparison

SMTH has a 0.59% expense ratio, which is higher than VOO's 0.03% expense ratio.


SMTH
ALPS Smith Core Plus Bond ETF
Expense ratio chart for SMTH: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

SMTH vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ALPS Smith Core Plus Bond ETF (SMTH) 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.


Sharpe ratio
The chart of Sharpe ratio for SMTH, currently valued at 0.59, compared to the broader market0.002.004.000.592.25
The chart of Sortino ratio for SMTH, currently valued at 0.90, compared to the broader market-2.000.002.004.006.008.0010.000.902.98
The chart of Omega ratio for SMTH, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.001.101.42
The chart of Calmar ratio for SMTH, currently valued at 0.94, compared to the broader market0.005.0010.0015.000.943.31
The chart of Martin ratio for SMTH, currently valued at 1.92, compared to the broader market0.0020.0040.0060.0080.00100.001.9214.77
SMTH
VOO

The current SMTH Sharpe Ratio is 0.59, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of SMTH and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50Tue 10Wed 11Thu 12Fri 13Sat 14Dec 15Mon 16Tue 17Wed 18Thu 19Fri 20
0.59
2.25
SMTH
VOO

Dividends

SMTH vs. VOO - Dividend Comparison

SMTH's dividend yield for the trailing twelve months is around 4.59%, more than VOO's 0.91% yield.


TTM20232022202120202019201820172016201520142013
SMTH
ALPS Smith Core Plus Bond ETF
4.59%0.24%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

SMTH vs. VOO - Drawdown Comparison

The maximum SMTH drawdown since its inception was -3.04%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SMTH and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.04%
-2.47%
SMTH
VOO

Volatility

SMTH vs. VOO - Volatility Comparison

The current volatility for ALPS Smith Core Plus Bond ETF (SMTH) is 1.39%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.75%. This indicates that SMTH 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.


1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
1.39%
3.75%
SMTH
VOO
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab