Correlation
The correlation between SOLR and VOO is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
SOLR vs. VOO
Compare and contrast key facts about SmartETFs Sustainable Energy II ETF (SOLR) and Vanguard S&P 500 ETF (VOO).
SOLR and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SOLR is an actively managed fund by SmartETFs. It was launched on Nov 11, 2020. 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: SOLR or VOO.
Performance
SOLR vs. VOO - Performance Comparison
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Key characteristics
SOLR:
-0.53
VOO:
0.74
SOLR:
-0.67
VOO:
1.04
SOLR:
0.92
VOO:
1.15
SOLR:
-0.32
VOO:
0.68
SOLR:
-0.95
VOO:
2.58
SOLR:
13.08%
VOO:
4.93%
SOLR:
22.98%
VOO:
19.54%
SOLR:
-39.44%
VOO:
-33.99%
SOLR:
-24.95%
VOO:
-3.55%
Returns By Period
In the year-to-date period, SOLR achieves a 5.10% return, which is significantly higher than VOO's 0.90% return.
SOLR
5.10%
8.27%
-4.29%
-11.90%
-2.33%
N/A
N/A
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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SOLR vs. VOO - Expense Ratio Comparison
SOLR has a 0.79% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SOLR vs. VOO — Risk-Adjusted Performance Rank
SOLR
VOO
SOLR vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SmartETFs Sustainable Energy II ETF (SOLR) 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.
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Dividends
SOLR vs. VOO - Dividend Comparison
SOLR's dividend yield for the trailing twelve months is around 0.88%, less than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SOLR SmartETFs Sustainable Energy II ETF | 0.88% | 0.93% | 0.42% | 1.29% | 2.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SOLR vs. VOO - Drawdown Comparison
The maximum SOLR drawdown since its inception was -39.44%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SOLR and VOO.
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Volatility
SOLR vs. VOO - Volatility Comparison
SmartETFs Sustainable Energy II ETF (SOLR) and Vanguard S&P 500 ETF (VOO) have volatilities of 5.01% and 4.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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