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.
Correlation
The correlation between VADDX 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
VADDX vs. VOO - Performance Comparison
Key characteristics
VADDX:
0.52
VOO:
1.76
VADDX:
0.73
VOO:
2.37
VADDX:
1.11
VOO:
1.32
VADDX:
0.47
VOO:
2.66
VADDX:
1.41
VOO:
11.10
VADDX:
4.90%
VOO:
2.02%
VADDX:
13.28%
VOO:
12.79%
VADDX:
-70.42%
VOO:
-33.99%
VADDX:
-10.12%
VOO:
-2.11%
Returns By Period
In the year-to-date period, VADDX achieves a 2.62% return, which is significantly higher than VOO's 2.40% return. Over the past 10 years, VADDX has underperformed VOO with an annualized return of 5.53%, while VOO has yielded a comparatively higher 13.05% annualized return.
VADDX
2.62%
-1.44%
-2.92%
5.29%
4.95%
5.53%
VOO
2.40%
-1.60%
7.47%
19.76%
15.07%
13.05%
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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%.
Risk-Adjusted Performance
VADDX vs. VOO — Risk-Adjusted Performance Rank
VADDX
VOO
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 1.62%, more than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VADDX Invesco Equally-Weighted S&P 500 Fund | 1.62% | 1.66% | 1.70% | 1.44% | 1.40% | 1.69% | 1.84% | 1.87% | 1.58% | 1.24% | 1.66% | 1.19% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
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 2.69%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.38%. 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.