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SNV vs. VONG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SNV and VONG is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

SNV vs. VONG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Synovus Financial Corp. (SNV) and Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
37.70%
10.79%
SNV
VONG

Key characteristics

Sharpe Ratio

SNV:

0.98

VONG:

1.99

Sortino Ratio

SNV:

1.64

VONG:

2.59

Omega Ratio

SNV:

1.21

VONG:

1.36

Calmar Ratio

SNV:

0.73

VONG:

2.61

Martin Ratio

SNV:

5.77

VONG:

10.24

Ulcer Index

SNV:

6.06%

VONG:

3.34%

Daily Std Dev

SNV:

35.78%

VONG:

17.20%

Max Drawdown

SNV:

-92.46%

VONG:

-32.72%

Current Drawdown

SNV:

-21.50%

VONG:

-3.74%

Returns By Period

In the year-to-date period, SNV achieves a 37.81% return, which is significantly higher than VONG's 33.66% return. Over the past 10 years, SNV has underperformed VONG with an annualized return of 9.92%, while VONG has yielded a comparatively higher 16.68% annualized return.


SNV

YTD

37.81%

1M

-9.85%

6M

38.16%

1Y

36.08%

5Y*

9.76%

10Y*

9.92%

VONG

YTD

33.66%

1M

3.67%

6M

10.06%

1Y

33.57%

5Y*

19.14%

10Y*

16.68%

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Risk-Adjusted Performance

SNV vs. VONG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Synovus Financial Corp. (SNV) and Vanguard Russell 1000 Growth ETF (VONG). 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 SNV, currently valued at 0.98, compared to the broader market-4.00-2.000.002.000.981.99
The chart of Sortino ratio for SNV, currently valued at 1.64, compared to the broader market-4.00-2.000.002.004.001.642.59
The chart of Omega ratio for SNV, currently valued at 1.21, compared to the broader market0.501.001.502.001.211.36
The chart of Calmar ratio for SNV, currently valued at 1.12, compared to the broader market0.002.004.006.001.122.61
The chart of Martin ratio for SNV, currently valued at 5.77, compared to the broader market0.0010.0020.005.7710.24
SNV
VONG

The current SNV Sharpe Ratio is 0.98, which is lower than the VONG Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of SNV and VONG, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.98
1.99
SNV
VONG

Dividends

SNV vs. VONG - Dividend Comparison

SNV's dividend yield for the trailing twelve months is around 3.02%, more than VONG's 0.42% yield.


TTM20232022202120202019201820172016201520142013
SNV
Synovus Financial Corp.
2.26%4.04%3.62%2.76%4.08%3.06%3.13%1.25%1.17%1.30%1.14%1.11%
VONG
Vanguard Russell 1000 Growth ETF
0.42%0.71%0.98%0.58%0.77%1.03%1.18%1.19%1.48%1.47%1.43%1.28%

Drawdowns

SNV vs. VONG - Drawdown Comparison

The maximum SNV drawdown since its inception was -92.46%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for SNV and VONG. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.17%
-3.74%
SNV
VONG

Volatility

SNV vs. VONG - Volatility Comparison

Synovus Financial Corp. (SNV) has a higher volatility of 8.55% compared to Vanguard Russell 1000 Growth ETF (VONG) at 4.95%. This indicates that SNV's price experiences larger fluctuations and is considered to be riskier than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
8.55%
4.95%
SNV
VONG
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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.

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