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

Correlation

The correlation between TNC and VOO is 0.56, 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.


-0.50.00.51.00.6

Performance

TNC vs. VOO - Performance Comparison

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

-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
-16.44%
7.93%
TNC
VOO

Key characteristics

Sharpe Ratio

TNC:

-0.39

VOO:

2.04

Sortino Ratio

TNC:

-0.39

VOO:

2.72

Omega Ratio

TNC:

0.95

VOO:

1.38

Calmar Ratio

TNC:

-0.31

VOO:

3.02

Martin Ratio

TNC:

-0.58

VOO:

13.60

Ulcer Index

TNC:

18.03%

VOO:

1.88%

Daily Std Dev

TNC:

27.07%

VOO:

12.52%

Max Drawdown

TNC:

-83.81%

VOO:

-33.99%

Current Drawdown

TNC:

-33.85%

VOO:

-3.52%

Returns By Period

In the year-to-date period, TNC achieves a -12.07% return, which is significantly lower than VOO's 24.65% return. Over the past 10 years, TNC has underperformed VOO with an annualized return of 2.58%, while VOO has yielded a comparatively higher 13.02% annualized return.


TNC

YTD

-12.07%

1M

-6.14%

6M

-17.19%

1Y

-11.36%

5Y*

1.89%

10Y*

2.58%

VOO

YTD

24.65%

1M

-0.29%

6M

7.63%

1Y

24.77%

5Y*

14.57%

10Y*

13.02%

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Risk-Adjusted Performance

TNC vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tennant Company (TNC) 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.


Sharpe ratio
The chart of Sharpe ratio for TNC, currently valued at -0.39, compared to the broader market-4.00-2.000.002.00-0.392.04
The chart of Sortino ratio for TNC, currently valued at -0.39, compared to the broader market-4.00-2.000.002.004.00-0.392.72
The chart of Omega ratio for TNC, currently valued at 0.95, compared to the broader market0.501.001.502.000.951.38
The chart of Calmar ratio for TNC, currently valued at -0.31, compared to the broader market0.002.004.006.00-0.313.02
The chart of Martin ratio for TNC, currently valued at -0.58, compared to the broader market0.0010.0020.00-0.5813.60
TNC
VOO

The current TNC Sharpe Ratio is -0.39, which is lower than the VOO Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of TNC 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.39
2.04
TNC
VOO

Dividends

TNC vs. VOO - Dividend Comparison

TNC's dividend yield for the trailing twelve months is around 1.41%, more than VOO's 1.26% yield.


TTM20232022202120202019201820172016201520142013
TNC
Tennant Company
1.41%1.16%1.65%1.16%1.27%1.13%1.63%1.16%1.14%1.42%1.08%1.06%
VOO
Vanguard S&P 500 ETF
0.92%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

TNC vs. VOO - Drawdown Comparison

The maximum TNC drawdown since its inception was -83.81%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TNC and VOO. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-33.85%
-3.52%
TNC
VOO

Volatility

TNC vs. VOO - Volatility Comparison

Tennant Company (TNC) has a higher volatility of 7.07% compared to Vanguard S&P 500 ETF (VOO) at 3.58%. This indicates that TNC'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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
7.07%
3.58%
TNC
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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