TNQIX vs. VOO
Compare and contrast key facts about 1290 Retirement 2055 Fund (TNQIX) and Vanguard S&P 500 ETF (VOO).
TNQIX is managed by 1290 Funds. It was launched on Feb 26, 2017. 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: TNQIX or VOO.
Key characteristics
| TNQIX | VOO | |
|---|---|---|
| YTD Return | 13.85% | 19.24% |
| 1Y Return | 20.99% | 28.44% |
| 3Y Return (Ann) | 5.21% | 10.06% |
| 5Y Return (Ann) | 8.07% | 15.24% |
| Sharpe Ratio | 1.65 | 2.11 |
| Daily Std Dev | 12.25% | 12.65% |
| Max Drawdown | -33.08% | -33.99% |
| Current Drawdown | 0.00% | -0.33% |
Correlation
The correlation between TNQIX and VOO is 0.93, 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.
Performance
TNQIX vs. VOO - Performance Comparison
In the year-to-date period, TNQIX achieves a 13.85% return, which is significantly lower than VOO's 19.24% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TNQIX vs. VOO - Expense Ratio Comparison
TNQIX has a 0.52% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
TNQIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for 1290 Retirement 2055 Fund (TNQIX) 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
TNQIX vs. VOO - Dividend Comparison
TNQIX's dividend yield for the trailing twelve months is around 3.95%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TNQIX 1290 Retirement 2055 Fund | 3.95% | 4.50% | 3.89% | 1.54% | 2.59% | 1.88% | 2.53% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
TNQIX vs. VOO - Drawdown Comparison
The maximum TNQIX drawdown since its inception was -33.08%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TNQIX and VOO. For additional features, visit the drawdowns tool.
Volatility
TNQIX vs. VOO - Volatility Comparison
The current volatility for 1290 Retirement 2055 Fund (TNQIX) is 2.90%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.93%. This indicates that TNQIX 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.