PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VHT vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VHTVOO
YTD Return12.03%21.81%
1Y Return18.84%34.51%
3Y Return (Ann)5.61%11.13%
5Y Return (Ann)12.48%16.25%
10Y Return (Ann)10.90%13.74%
Sharpe Ratio1.712.84
Sortino Ratio2.353.79
Omega Ratio1.311.52
Calmar Ratio1.323.05
Martin Ratio8.2017.65
Ulcer Index2.34%2.01%
Daily Std Dev11.23%12.46%
Max Drawdown-39.12%-33.99%
Current Drawdown-3.16%-0.16%

Correlation

-0.50.00.51.00.8

The correlation between VHT and VOO is 0.79, 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

VHT vs. VOO - Performance Comparison

In the year-to-date period, VHT achieves a 12.03% return, which is significantly lower than VOO's 21.81% return. Over the past 10 years, VHT has underperformed VOO with an annualized return of 10.90%, while VOO has yielded a comparatively higher 13.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%MayJuneJulyAugustSeptemberOctober
6.48%
11.13%
VHT
VOO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VHT vs. VOO - Expense Ratio Comparison

VHT has a 0.10% 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%.


VHT
Vanguard Health Care ETF
Expense ratio chart for VHT: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%
Expense ratio chart for VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

VHT vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care ETF (VHT) 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.


VHT
Sharpe ratio
The chart of Sharpe ratio for VHT, currently valued at 1.71, compared to the broader market0.002.004.001.71
Sortino ratio
The chart of Sortino ratio for VHT, currently valued at 2.35, compared to the broader market0.005.0010.002.35
Omega ratio
The chart of Omega ratio for VHT, currently valued at 1.31, compared to the broader market1.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for VHT, currently valued at 1.32, compared to the broader market0.005.0010.0015.001.32
Martin ratio
The chart of Martin ratio for VHT, currently valued at 8.20, compared to the broader market0.0020.0040.0060.0080.00100.008.20
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.84, compared to the broader market0.002.004.002.84
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 3.79, compared to the broader market0.005.0010.003.79
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.52, compared to the broader market1.001.502.002.503.001.52
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 3.05, compared to the broader market0.005.0010.0015.003.05
Martin ratio
The chart of Martin ratio for VOO, currently valued at 17.65, compared to the broader market0.0020.0040.0060.0080.00100.0017.65

VHT vs. VOO - Sharpe Ratio Comparison

The current VHT Sharpe Ratio is 1.71, which is lower than the VOO Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of VHT and VOO, offering insights into how both instruments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00MayJuneJulyAugustSeptemberOctober
1.71
2.84
VHT
VOO

Dividends

VHT vs. VOO - Dividend Comparison

VHT's dividend yield for the trailing twelve months is around 1.38%, more than VOO's 1.28% yield.


TTM20232022202120202019201820172016201520142013
VHT
Vanguard Health Care ETF
1.38%1.36%1.33%1.14%1.21%1.89%1.38%1.31%1.45%1.22%1.02%1.12%
VOO
Vanguard S&P 500 ETF
1.28%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

VHT vs. VOO - Drawdown Comparison

The maximum VHT drawdown since its inception was -39.12%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VHT and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%MayJuneJulyAugustSeptemberOctober
-3.16%
-0.16%
VHT
VOO

Volatility

VHT vs. VOO - Volatility Comparison

The current volatility for Vanguard Health Care ETF (VHT) is 2.50%, while Vanguard S&P 500 ETF (VOO) has a volatility of 2.93%. This indicates that VHT 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.


2.00%3.00%4.00%5.00%6.00%MayJuneJulyAugustSeptemberOctober
2.50%
2.93%
VHT
VOO