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

Correlation

The correlation between VECO and VOO is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

VECO vs. VOO - Performance Comparison

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

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Key characteristics

Sharpe Ratio

VECO:

-1.06

VOO:

0.52

Sortino Ratio

VECO:

-1.60

VOO:

0.89

Omega Ratio

VECO:

0.81

VOO:

1.13

Calmar Ratio

VECO:

-0.57

VOO:

0.57

Martin Ratio

VECO:

-1.22

VOO:

2.18

Ulcer Index

VECO:

40.11%

VOO:

4.85%

Daily Std Dev

VECO:

47.06%

VOO:

19.11%

Max Drawdown

VECO:

-96.68%

VOO:

-33.99%

Current Drawdown

VECO:

-83.37%

VOO:

-7.67%

Returns By Period

In the year-to-date period, VECO achieves a -28.32% return, which is significantly lower than VOO's -3.41% return. Over the past 10 years, VECO has underperformed VOO with an annualized return of -4.82%, while VOO has yielded a comparatively higher 12.31% annualized return.


VECO

YTD

-28.32%

1M

1.05%

6M

-33.02%

1Y

-49.46%

5Y*

8.84%

10Y*

-4.82%

VOO

YTD

-3.41%

1M

5.73%

6M

-5.06%

1Y

9.79%

5Y*

16.35%

10Y*

12.31%

*Annualized

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Risk-Adjusted Performance

VECO vs. VOO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VECO
The Risk-Adjusted Performance Rank of VECO is 88
Overall Rank
The Sharpe Ratio Rank of VECO is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of VECO is 44
Sortino Ratio Rank
The Omega Ratio Rank of VECO is 77
Omega Ratio Rank
The Calmar Ratio Rank of VECO is 1111
Calmar Ratio Rank
The Martin Ratio Rank of VECO is 1616
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6969
Overall Rank
The Sharpe Ratio Rank of VOO is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 6868
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 7171
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 7474
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

VECO vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Veeco Instruments Inc. (VECO) 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.


The current VECO Sharpe Ratio is -1.06, which is lower than the VOO Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of VECO 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.


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Dividends

VECO vs. VOO - Dividend Comparison

VECO has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.34%.


TTM20242023202220212020201920182017201620152014
VECO
Veeco Instruments Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.34%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

VECO vs. VOO - Drawdown Comparison

The maximum VECO drawdown since its inception was -96.68%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VECO and VOO. For additional features, visit the drawdowns tool.


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Volatility

VECO vs. VOO - Volatility Comparison

Veeco Instruments Inc. (VECO) has a higher volatility of 14.20% compared to Vanguard S&P 500 ETF (VOO) at 6.83%. This indicates that VECO'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.


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