TPL vs. VOO
Compare and contrast key facts about Texas Pacific Land Corporation (TPL) 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: TPL or VOO.
Performance
TPL vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, TPL achieves a 173.31% return, which is significantly higher than VOO's 25.02% return. Over the past 10 years, TPL has outperformed VOO with an annualized return of 40.52%, while VOO has yielded a comparatively lower 13.11% annualized return.
TPL
173.31%
32.14%
130.56%
160.66%
46.51%
40.52%
VOO
25.02%
0.63%
11.74%
32.35%
15.50%
13.11%
Key characteristics
| TPL | VOO | |
|---|---|---|
| Sharpe Ratio | 4.07 | 2.67 |
| Sortino Ratio | 4.97 | 3.56 |
| Omega Ratio | 1.71 | 1.50 |
| Calmar Ratio | 3.55 | 3.85 |
| Martin Ratio | 22.98 | 17.51 |
| Ulcer Index | 7.27% | 1.86% |
| Daily Std Dev | 41.11% | 12.23% |
| Max Drawdown | -73.06% | -33.99% |
| Current Drawdown | -0.57% | -1.76% |
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Correlation
The correlation between TPL 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.
Risk-Adjusted Performance
TPL vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Texas Pacific Land Corporation (TPL) 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
TPL vs. VOO - Dividend Comparison
TPL's dividend yield for the trailing twelve months is around 1.21%, less than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPL Texas Pacific Land Corporation | 1.21% | 0.83% | 1.37% | 0.88% | 3.58% | 0.77% | 0.75% | 0.30% | 0.10% | 0.22% | 0.23% | 0.81% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
TPL vs. VOO - Drawdown Comparison
The maximum TPL drawdown since its inception was -73.06%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TPL and VOO. For additional features, visit the drawdowns tool.
Volatility
TPL vs. VOO - Volatility Comparison
Texas Pacific Land Corporation (TPL) has a higher volatility of 9.19% compared to Vanguard S&P 500 ETF (VOO) at 4.09%. This indicates that TPL'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.