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SPYI vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPYI and VOO is 0.95, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

SPYI vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS S&P 500 High Income ETF (SPYI) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%60.00%NovemberDecember2025FebruaryMarchApril
31.85%
44.15%
SPYI
VOO

Key characteristics

Sharpe Ratio

SPYI:

0.54

VOO:

0.54

Sortino Ratio

SPYI:

0.87

VOO:

0.88

Omega Ratio

SPYI:

1.14

VOO:

1.13

Calmar Ratio

SPYI:

0.56

VOO:

0.55

Martin Ratio

SPYI:

2.51

VOO:

2.27

Ulcer Index

SPYI:

3.68%

VOO:

4.55%

Daily Std Dev

SPYI:

17.05%

VOO:

19.19%

Max Drawdown

SPYI:

-16.47%

VOO:

-33.99%

Current Drawdown

SPYI:

-7.75%

VOO:

-9.90%

Returns By Period

In the year-to-date period, SPYI achieves a -3.86% return, which is significantly higher than VOO's -5.74% return.


SPYI

YTD

-3.86%

1M

-2.69%

6M

-2.70%

1Y

9.71%

5Y*

N/A

10Y*

N/A

VOO

YTD

-5.74%

1M

-3.16%

6M

-4.28%

1Y

10.88%

5Y*

16.04%

10Y*

12.07%

*Annualized

Compare stocks, funds, or ETFs

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


SPYI vs. VOO - Expense Ratio Comparison

SPYI has a 0.68% expense ratio, which is higher than VOO's 0.03% expense ratio.


Expense ratio chart for SPYI: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPYI: 0.68%
Expense ratio chart for VOO: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VOO: 0.03%

Risk-Adjusted Performance

SPYI vs. VOO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPYI
The Risk-Adjusted Performance Rank of SPYI is 6363
Overall Rank
The Sharpe Ratio Rank of SPYI is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of SPYI is 5858
Sortino Ratio Rank
The Omega Ratio Rank of SPYI is 6666
Omega Ratio Rank
The Calmar Ratio Rank of SPYI is 6565
Calmar Ratio Rank
The Martin Ratio Rank of SPYI is 6666
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6161
Overall Rank
The Sharpe Ratio Rank of VOO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 5959
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6161
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 6464
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SPYI vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS S&P 500 High Income ETF (SPYI) 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.


The chart of Sharpe ratio for SPYI, currently valued at 0.54, compared to the broader market-1.000.001.002.003.004.00
SPYI: 0.54
VOO: 0.54
The chart of Sortino ratio for SPYI, currently valued at 0.87, compared to the broader market-2.000.002.004.006.008.00
SPYI: 0.87
VOO: 0.88
The chart of Omega ratio for SPYI, currently valued at 1.14, compared to the broader market0.501.001.502.002.50
SPYI: 1.14
VOO: 1.13
The chart of Calmar ratio for SPYI, currently valued at 0.56, compared to the broader market0.002.004.006.008.0010.0012.00
SPYI: 0.56
VOO: 0.55
The chart of Martin ratio for SPYI, currently valued at 2.51, compared to the broader market0.0020.0040.0060.00
SPYI: 2.51
VOO: 2.27

The current SPYI Sharpe Ratio is 0.54, which is comparable to the VOO Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of SPYI 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.54
0.54
SPYI
VOO

Dividends

SPYI vs. VOO - Dividend Comparison

SPYI's dividend yield for the trailing twelve months is around 13.09%, more than VOO's 1.38% yield.


TTM20242023202220212020201920182017201620152014
SPYI
NEOS S&P 500 High Income ETF
13.09%12.04%12.01%4.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.38%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

SPYI vs. VOO - Drawdown Comparison

The maximum SPYI drawdown since its inception was -16.47%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SPYI and VOO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.75%
-9.90%
SPYI
VOO

Volatility

SPYI vs. VOO - Volatility Comparison

NEOS S&P 500 High Income ETF (SPYI) and Vanguard S&P 500 ETF (VOO) have volatilities of 13.32% and 13.96%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
13.32%
13.96%
SPYI
VOO