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:
0.78
VOO:
2.15
VADDX:
1.04
VOO:
2.85
VADDX:
1.16
VOO:
1.40
VADDX:
0.62
VOO:
3.25
VADDX:
2.57
VOO:
13.67
VADDX:
4.09%
VOO:
2.01%
VADDX:
13.47%
VOO:
12.79%
VADDX:
-70.42%
VOO:
-33.99%
VADDX:
-9.25%
VOO:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with VADDX having a 3.61% return and VOO slightly lower at 3.49%. Over the past 10 years, VADDX has underperformed VOO with an annualized return of 6.05%, while VOO has yielded a comparatively higher 13.52% annualized return.
VADDX
3.61%
2.93%
2.26%
9.88%
4.65%
6.05%
VOO
3.49%
1.90%
12.84%
26.78%
14.88%
13.52%
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%.
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 1.61%, more than VOO's 1.20% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco Equally-Weighted S&P 500 Fund | 1.61% | 1.66% | 1.70% | 1.44% | 1.40% | 1.69% | 1.84% | 1.87% | 1.58% | 1.24% | 1.66% | 1.19% |
Vanguard S&P 500 ETF | 1.20% | 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 3.05%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.07%. 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.