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:
-0.18
VOO:
0.32
VADDX:
-0.13
VOO:
0.57
VADDX:
0.98
VOO:
1.08
VADDX:
-0.14
VOO:
0.32
VADDX:
-0.45
VOO:
1.42
VADDX:
7.40%
VOO:
4.19%
VADDX:
18.03%
VOO:
18.73%
VADDX:
-70.42%
VOO:
-33.99%
VADDX:
-18.31%
VOO:
-13.85%
Returns By Period
In the year-to-date period, VADDX achieves a -6.73% return, which is significantly higher than VOO's -9.88% return. Over the past 10 years, VADDX has underperformed VOO with an annualized return of 4.55%, while VOO has yielded a comparatively higher 11.66% annualized return.
VADDX
-6.73%
-6.79%
-15.73%
-3.05%
7.07%
4.55%
VOO
-9.88%
-6.86%
-9.35%
6.85%
14.69%
11.66%
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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 1.78%, more than VOO's 1.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VADDX Invesco Equally-Weighted S&P 500 Fund | 1.78% | 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 | 1.44% | 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 12.28%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.31%. 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.