Correlation
The correlation between SSPY and VOO is 0.69, 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.
SSPY vs. VOO
Compare and contrast key facts about Syntax Stratified LargeCap ETF (SSPY) and Vanguard S&P 500 ETF (VOO).
SSPY and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SSPY is a passively managed fund by Syntax Advisors that tracks the performance of the Syntax Stratified LargeCap Index. It was launched on Jan 4, 2019. 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. Both SSPY and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SSPY or VOO.
Performance
SSPY vs. VOO - Performance Comparison
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Key characteristics
SSPY:
0.43
VOO:
0.74
SSPY:
0.67
VOO:
1.04
SSPY:
1.09
VOO:
1.15
SSPY:
0.41
VOO:
0.68
SSPY:
1.58
VOO:
2.58
SSPY:
4.21%
VOO:
4.93%
SSPY:
17.28%
VOO:
19.54%
SSPY:
-36.67%
VOO:
-33.99%
SSPY:
-3.64%
VOO:
-3.55%
Returns By Period
In the year-to-date period, SSPY achieves a 2.16% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, SSPY has underperformed VOO with an annualized return of 10.20%, while VOO has yielded a comparatively higher 12.81% annualized return.
SSPY
2.16%
3.82%
-3.64%
7.42%
7.50%
13.56%
10.20%
VOO
0.90%
6.28%
-1.46%
14.27%
14.31%
15.89%
12.81%
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SSPY vs. VOO - Expense Ratio Comparison
SSPY has a 0.30% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
SSPY vs. VOO — Risk-Adjusted Performance Rank
SSPY
VOO
SSPY vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Syntax Stratified LargeCap ETF (SSPY) 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
SSPY vs. VOO - Dividend Comparison
SSPY's dividend yield for the trailing twelve months is around 0.34%, less than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSPY Syntax Stratified LargeCap ETF | 0.34% | 0.35% | 1.76% | 1.69% | 1.09% | 1.63% | 1.55% | 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
SSPY vs. VOO - Drawdown Comparison
The maximum SSPY drawdown since its inception was -36.67%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SSPY and VOO.
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Volatility
SSPY vs. VOO - Volatility Comparison
The current volatility for Syntax Stratified LargeCap ETF (SSPY) is 4.45%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that SSPY experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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