VADDX vs. VOO
Compare and contrast key facts about Invesco Equally-Weighted S&P 500 Fund (VADDX) and Vanguard S&P 500 ETF (VOO).
VADDX is managed by Invesco. It was launched on Jul 28, 1997. 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: VADDX or VOO.
Performance
VADDX vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, VADDX achieves a 16.19% return, which is significantly lower than VOO's 25.48% return. Over the past 10 years, VADDX has underperformed VOO with an annualized return of 10.92%, while VOO has yielded a comparatively higher 13.15% annualized return.
VADDX
16.19%
-0.35%
8.82%
25.96%
13.54%
10.92%
VOO
25.48%
0.99%
11.84%
31.84%
15.62%
13.15%
Key characteristics
| VADDX | VOO | |
|---|---|---|
| Sharpe Ratio | 1.85 | 2.69 |
| Sortino Ratio | 2.66 | 3.59 |
| Omega Ratio | 1.38 | 1.50 |
| Calmar Ratio | 3.07 | 3.89 |
| Martin Ratio | 9.66 | 17.64 |
| Ulcer Index | 2.74% | 1.86% |
| Daily Std Dev | 14.35% | 12.20% |
| Max Drawdown | -70.42% | -33.99% |
| Current Drawdown | -2.04% | -1.40% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VADDX vs. VOO - Expense Ratio Comparison
VADDX has a 0.27% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between VADDX and VOO is 0.94, 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.
Risk-Adjusted Performance
VADDX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equally-Weighted S&P 500 Fund (VADDX) 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
VADDX vs. VOO - Dividend Comparison
VADDX's dividend yield for the trailing twelve months is around 1.46%, more than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VADDX Invesco Equally-Weighted S&P 500 Fund | 1.46% | 1.70% | 1.44% | 1.40% | 1.69% | 1.84% | 1.87% | 1.58% | 1.24% | 1.66% | 1.19% | 1.27% |
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
VADDX vs. VOO - Drawdown Comparison
The maximum VADDX drawdown since its inception was -70.42%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VADDX and VOO. For additional features, visit the drawdowns tool.
Volatility
VADDX vs. VOO - Volatility Comparison
The current volatility for Invesco Equally-Weighted S&P 500 Fund (VADDX) is 3.48%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.10%. This indicates that VADDX 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.