TNK vs. VOO
Compare and contrast key facts about Teekay Tankers Ltd. (TNK) and Vanguard S&P 500 ETF (VOO).
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: TNK or VOO.
Correlation
The correlation between TNK and VOO is 0.33, 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
TNK vs. VOO - Performance Comparison
Key characteristics
TNK:
-0.53
VOO:
0.54
TNK:
-0.58
VOO:
0.88
TNK:
0.94
VOO:
1.13
TNK:
-0.41
VOO:
0.55
TNK:
-0.65
VOO:
2.27
TNK:
33.38%
VOO:
4.55%
TNK:
41.08%
VOO:
19.19%
TNK:
-90.41%
VOO:
-33.99%
TNK:
-41.61%
VOO:
-9.90%
Returns By Period
In the year-to-date period, TNK achieves a 7.04% return, which is significantly higher than VOO's -5.74% return. Over the past 10 years, TNK has outperformed VOO with an annualized return of 24.46%, while VOO has yielded a comparatively lower 12.24% annualized return.
TNK
7.04%
9.38%
-14.38%
-24.56%
14.43%
24.46%
VOO
-5.74%
-0.92%
-4.28%
9.78%
15.84%
12.24%
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Risk-Adjusted Performance
TNK vs. VOO — Risk-Adjusted Performance Rank
TNK
VOO
TNK vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Teekay Tankers Ltd. (TNK) 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
TNK vs. VOO - Dividend Comparison
TNK's dividend yield for the trailing twelve months is around 6.50%, more than VOO's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNK Teekay Tankers Ltd. | 6.50% | 6.91% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.23% | 8.57% | 13.27% | 1.74% | 2.37% |
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
TNK vs. VOO - Drawdown Comparison
The maximum TNK drawdown since its inception was -90.41%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TNK and VOO. For additional features, visit the drawdowns tool.
Volatility
TNK vs. VOO - Volatility Comparison
Teekay Tankers Ltd. (TNK) has a higher volatility of 20.47% compared to Vanguard S&P 500 ETF (VOO) at 13.96%. This indicates that TNK'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.