SOL-USD vs. VOO
Compare and contrast key facts about Solana (SOL-USD) 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: SOL-USD or VOO.
Key characteristics
| SOL-USD | VOO | |
|---|---|---|
| YTD Return | 41.64% | 7.94% |
| 1Y Return | 561.62% | 28.21% |
| 3Y Return (Ann) | 49.56% | 8.82% |
| Sharpe Ratio | 16.43 | 2.33 |
| Daily Std Dev | 75.67% | 11.70% |
| Max Drawdown | -96.27% | -33.99% |
| Current Drawdown | -44.48% | -2.36% |
Correlation
The correlation between SOL-USD and VOO is 0.23, 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
SOL-USD vs. VOO - Performance Comparison
In the year-to-date period, SOL-USD achieves a 41.64% return, which is significantly higher than VOO's 7.94% 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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Risk-Adjusted Performance
SOL-USD vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Solana (SOL-USD) 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.
Drawdowns
SOL-USD vs. VOO - Drawdown Comparison
The maximum SOL-USD drawdown since its inception was -96.27%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SOL-USD and VOO. For additional features, visit the drawdowns tool.
Volatility
SOL-USD vs. VOO - Volatility Comparison
Solana (SOL-USD) has a higher volatility of 27.39% compared to Vanguard S&P 500 ETF (VOO) at 4.24%. This indicates that SOL-USD'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.