VMNVX vs. VOO
Compare and contrast key facts about Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) and Vanguard S&P 500 ETF (VOO).
VMNVX is managed by Vanguard. It was launched on Dec 12, 2013. 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: VMNVX or VOO.
Correlation
The correlation between VMNVX and VOO is 0.85, 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
VMNVX vs. VOO - Performance Comparison
Key characteristics
VMNVX:
0.88
VOO:
0.36
VMNVX:
1.21
VOO:
0.63
VMNVX:
1.19
VOO:
1.09
VMNVX:
1.21
VOO:
0.35
VMNVX:
4.28
VOO:
1.66
VMNVX:
2.24%
VOO:
4.00%
VMNVX:
10.93%
VOO:
18.64%
VMNVX:
-33.11%
VOO:
-33.99%
VMNVX:
-2.57%
VOO:
-12.04%
Returns By Period
In the year-to-date period, VMNVX achieves a 3.48% return, which is significantly higher than VOO's -7.98% return. Over the past 10 years, VMNVX has underperformed VOO with an annualized return of 5.82%, while VOO has yielded a comparatively higher 11.99% annualized return.
VMNVX
3.48%
-0.66%
-1.42%
9.90%
8.41%
5.82%
VOO
-7.98%
-4.19%
-6.68%
8.00%
15.82%
11.99%
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VMNVX vs. VOO - Expense Ratio Comparison
VMNVX has a 0.14% 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
VMNVX vs. VOO — Risk-Adjusted Performance Rank
VMNVX
VOO
VMNVX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) 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
VMNVX vs. VOO - Dividend Comparison
VMNVX's dividend yield for the trailing twelve months is around 1.92%, more than VOO's 1.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMNVX Vanguard Global Minimum Volatility Fund Admiral Shares | 1.92% | 1.99% | 3.13% | 2.62% | 3.49% | 2.15% | 2.79% | 2.52% | 2.31% | 2.82% | 1.89% | 2.65% |
VOO Vanguard S&P 500 ETF | 1.41% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
VMNVX vs. VOO - Drawdown Comparison
The maximum VMNVX drawdown since its inception was -33.11%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VMNVX and VOO. For additional features, visit the drawdowns tool.
Volatility
VMNVX vs. VOO - Volatility Comparison
The current volatility for Vanguard Global Minimum Volatility Fund Admiral Shares (VMNVX) is 7.34%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.25%. This indicates that VMNVX 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.