VMVFX vs. VOO
Compare and contrast key facts about Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) and Vanguard S&P 500 ETF (VOO).
VMVFX 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: VMVFX or VOO.
Correlation
The correlation between VMVFX and VOO is 0.86, 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
VMVFX vs. VOO - Performance Comparison
Key characteristics
VMVFX:
1.23
VOO:
2.22
VMVFX:
1.54
VOO:
2.95
VMVFX:
1.26
VOO:
1.42
VMVFX:
1.42
VOO:
3.27
VMVFX:
7.08
VOO:
14.57
VMVFX:
1.54%
VOO:
1.90%
VMVFX:
8.89%
VOO:
12.47%
VMVFX:
-33.09%
VOO:
-33.99%
VMVFX:
-6.99%
VOO:
-1.77%
Returns By Period
In the year-to-date period, VMVFX achieves a 9.66% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, VMVFX has underperformed VOO with an annualized return of 6.86%, while VOO has yielded a comparatively higher 13.12% annualized return.
VMVFX
9.66%
-6.59%
0.19%
10.52%
3.94%
6.86%
VOO
26.92%
0.27%
10.43%
27.36%
14.95%
13.12%
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VMVFX vs. VOO - Expense Ratio Comparison
VMVFX has a 0.21% 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
VMVFX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) 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
VMVFX vs. VOO - Dividend Comparison
VMVFX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMVFX Vanguard Global Minimum Volatility Fund Investor Shares | 0.00% | 3.05% | 2.56% | 3.42% | 2.03% | 3.30% | 2.42% | 2.31% | 2.71% | 1.81% | 2.54% | 0.23% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VMVFX vs. VOO - Drawdown Comparison
The maximum VMVFX drawdown since its inception was -33.09%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VMVFX and VOO. For additional features, visit the drawdowns tool.
Volatility
VMVFX vs. VOO - Volatility Comparison
Vanguard Global Minimum Volatility Fund Investor Shares (VMVFX) has a higher volatility of 5.36% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that VMVFX'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.