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

Correlation

The correlation between TRMD and VOO is 0.14, 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.


-0.50.00.51.00.1

Performance

TRMD vs. VOO - Performance Comparison

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

-40.00%-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-41.28%
8.89%
TRMD
VOO

Key characteristics

Sharpe Ratio

TRMD:

-0.72

VOO:

2.21

Sortino Ratio

TRMD:

-0.88

VOO:

2.93

Omega Ratio

TRMD:

0.90

VOO:

1.41

Calmar Ratio

TRMD:

-0.49

VOO:

3.25

Martin Ratio

TRMD:

-1.34

VOO:

14.47

Ulcer Index

TRMD:

17.55%

VOO:

1.90%

Daily Std Dev

TRMD:

32.63%

VOO:

12.43%

Max Drawdown

TRMD:

-48.24%

VOO:

-33.99%

Current Drawdown

TRMD:

-47.58%

VOO:

-2.87%

Returns By Period

In the year-to-date period, TRMD achieves a -24.52% return, which is significantly lower than VOO's 25.49% return.


TRMD

YTD

-24.52%

1M

-15.83%

6M

-40.92%

1Y

-23.43%

5Y*

29.90%

10Y*

N/A

VOO

YTD

25.49%

1M

0.01%

6M

8.65%

1Y

27.45%

5Y*

14.70%

10Y*

13.04%

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Risk-Adjusted Performance

TRMD vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TORM plc (TRMD) 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 TRMD, currently valued at -0.72, compared to the broader market-4.00-2.000.002.00-0.722.21
The chart of Sortino ratio for TRMD, currently valued at -0.88, compared to the broader market-4.00-2.000.002.004.00-0.882.93
The chart of Omega ratio for TRMD, currently valued at 0.90, compared to the broader market0.501.001.502.000.901.41
The chart of Calmar ratio for TRMD, currently valued at -0.49, compared to the broader market0.002.004.006.00-0.493.25
The chart of Martin ratio for TRMD, currently valued at -1.34, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.3414.47
TRMD
VOO

The current TRMD Sharpe Ratio is -0.72, which is lower than the VOO Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of TRMD 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 Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
-0.72
2.21
TRMD
VOO

Dividends

TRMD vs. VOO - Dividend Comparison

TRMD's dividend yield for the trailing twelve months is around 38.79%, more than VOO's 0.91% yield.


TTM20232022202120202019201820172016201520142013
TRMD
TORM plc
38.79%23.05%6.99%0.00%14.89%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

TRMD vs. VOO - Drawdown Comparison

The maximum TRMD drawdown since its inception was -48.24%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TRMD and VOO. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-47.58%
-2.87%
TRMD
VOO

Volatility

TRMD vs. VOO - Volatility Comparison

TORM plc (TRMD) has a higher volatility of 9.80% compared to Vanguard S&P 500 ETF (VOO) at 3.64%. This indicates that TRMD'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
9.80%
3.64%
TRMD
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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