SYLD.TO vs. VOO
Compare and contrast key facts about Purpose Strategic Yield Fund (SYLD.TO) and Vanguard S&P 500 ETF (VOO).
SYLD.TO and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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: SYLD.TO or VOO.
Correlation
The correlation between SYLD.TO and VOO is 0.30, 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
SYLD.TO vs. VOO - Performance Comparison
Key characteristics
SYLD.TO:
2.75
VOO:
1.76
SYLD.TO:
4.06
VOO:
2.37
SYLD.TO:
1.59
VOO:
1.32
SYLD.TO:
8.68
VOO:
2.66
SYLD.TO:
30.92
VOO:
11.10
SYLD.TO:
0.39%
VOO:
2.02%
SYLD.TO:
4.44%
VOO:
12.79%
SYLD.TO:
-32.00%
VOO:
-33.99%
SYLD.TO:
-0.57%
VOO:
-2.11%
Returns By Period
In the year-to-date period, SYLD.TO achieves a 0.77% return, which is significantly lower than VOO's 2.40% return.
SYLD.TO
0.77%
-0.22%
6.25%
12.32%
7.90%
N/A
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SYLD.TO vs. VOO - Expense Ratio Comparison
Risk-Adjusted Performance
SYLD.TO vs. VOO — Risk-Adjusted Performance Rank
SYLD.TO
VOO
SYLD.TO vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Strategic Yield Fund (SYLD.TO) 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.
Dividends
SYLD.TO vs. VOO - Dividend Comparison
SYLD.TO's dividend yield for the trailing twelve months is around 6.05%, more than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYLD.TO Purpose Strategic Yield Fund | 6.05% | 6.07% | 6.45% | 6.46% | 5.56% | 5.91% | 6.13% | 4.70% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
SYLD.TO vs. VOO - Drawdown Comparison
The maximum SYLD.TO drawdown since its inception was -32.00%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for SYLD.TO and VOO. For additional features, visit the drawdowns tool.
Volatility
SYLD.TO vs. VOO - Volatility Comparison
The current volatility for Purpose Strategic Yield Fund (SYLD.TO) is 1.65%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.38%. This indicates that SYLD.TO 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.