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

Key characteristics


SNVVONG
YTD Return52.19%31.22%
1Y Return90.12%38.87%
3Y Return (Ann)8.26%10.22%
5Y Return (Ann)12.39%19.59%
10Y Return (Ann)11.33%16.65%
Sharpe Ratio2.582.35
Sortino Ratio3.513.05
Omega Ratio1.441.43
Calmar Ratio1.752.96
Martin Ratio15.5411.71
Ulcer Index6.24%3.32%
Daily Std Dev37.64%16.55%
Max Drawdown-92.46%-32.72%
Current Drawdown-13.31%-0.71%

Correlation

-0.50.00.51.00.4

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.

Performance

SNV vs. VONG - Performance Comparison

In the year-to-date period, SNV achieves a 52.19% return, which is significantly higher than VONG's 31.22% return. Over the past 10 years, SNV has underperformed VONG with an annualized return of 11.33%, while VONG has yielded a comparatively higher 16.65% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
43.00%
15.85%
SNV
VONG

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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.


SNV
Sharpe ratio
The chart of Sharpe ratio for SNV, currently valued at 2.58, compared to the broader market-4.00-2.000.002.004.002.58
Sortino ratio
The chart of Sortino ratio for SNV, currently valued at 3.51, compared to the broader market-4.00-2.000.002.004.006.003.51
Omega ratio
The chart of Omega ratio for SNV, currently valued at 1.44, compared to the broader market0.501.001.502.001.44
Calmar ratio
The chart of Calmar ratio for SNV, currently valued at 2.38, compared to the broader market0.002.004.006.002.38
Martin ratio
The chart of Martin ratio for SNV, currently valued at 15.54, compared to the broader market0.0010.0020.0030.0015.54
VONG
Sharpe ratio
The chart of Sharpe ratio for VONG, currently valued at 2.35, compared to the broader market-4.00-2.000.002.004.002.35
Sortino ratio
The chart of Sortino ratio for VONG, currently valued at 3.05, compared to the broader market-4.00-2.000.002.004.006.003.05
Omega ratio
The chart of Omega ratio for VONG, currently valued at 1.43, compared to the broader market0.501.001.502.001.43
Calmar ratio
The chart of Calmar ratio for VONG, currently valued at 2.96, compared to the broader market0.002.004.006.002.96
Martin ratio
The chart of Martin ratio for VONG, currently valued at 11.71, compared to the broader market0.0010.0020.0030.0011.71

SNV vs. VONG - Sharpe Ratio Comparison

The current SNV Sharpe Ratio is 2.58, which is comparable to the VONG Sharpe Ratio of 2.35. 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.58
2.35
SNV
VONG

Dividends

SNV vs. VONG - Dividend Comparison

SNV's dividend yield for the trailing twelve months is around 2.73%, more than VONG's 0.59% yield.


TTM20232022202120202019201820172016201520142013
SNV
Synovus Financial Corp.
2.73%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
0.59%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%JuneJulyAugustSeptemberOctoberNovember
-5.21%
-0.71%
SNV
VONG

Volatility

SNV vs. VONG - Volatility Comparison

Synovus Financial Corp. (SNV) has a higher volatility of 19.07% compared to Vanguard Russell 1000 Growth ETF (VONG) at 5.11%. 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%JuneJulyAugustSeptemberOctoberNovember
19.07%
5.11%
SNV
VONG