VOLMX vs. EIX
Compare and contrast key facts about Volumetric Fund (VOLMX) and Edison International (EIX).
VOLMX is managed by Volumetric. It was launched on Jan 2, 1979.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VOLMX or EIX.
Key characteristics
| VOLMX | EIX | |
|---|---|---|
| YTD Return | 19.44% | 19.95% |
| 1Y Return | 26.22% | 37.24% |
| 3Y Return (Ann) | -0.46% | 13.59% |
| 5Y Return (Ann) | 4.57% | 9.31% |
| 10Y Return (Ann) | 3.25% | 6.80% |
| Sharpe Ratio | 2.12 | 2.02 |
| Sortino Ratio | 2.89 | 2.92 |
| Omega Ratio | 1.39 | 1.35 |
| Calmar Ratio | 1.15 | 2.66 |
| Martin Ratio | 11.99 | 8.56 |
| Ulcer Index | 2.14% | 4.41% |
| Daily Std Dev | 12.11% | 18.75% |
| Max Drawdown | -49.43% | -72.18% |
| Current Drawdown | -2.07% | -4.41% |
Correlation
The correlation between VOLMX and EIX is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VOLMX vs. EIX - Performance Comparison
The year-to-date returns for both investments are quite close, with VOLMX having a 19.44% return and EIX slightly higher at 19.95%. Over the past 10 years, VOLMX has underperformed EIX with an annualized return of 3.25%, while EIX has yielded a comparatively higher 6.80% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
VOLMX vs. EIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Volumetric Fund (VOLMX) and Edison International (EIX). 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
VOLMX vs. EIX - Dividend Comparison
VOLMX has not paid dividends to shareholders, while EIX's dividend yield for the trailing twelve months is around 3.75%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOLMX Volumetric Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 10.48% | 6.56% | 0.00% |
EIX Edison International | 3.75% | 4.19% | 4.46% | 3.94% | 4.10% | 3.28% | 4.28% | 4.39% | 2.75% | 2.93% | 2.26% | 2.96% |
Drawdowns
VOLMX vs. EIX - Drawdown Comparison
The maximum VOLMX drawdown since its inception was -49.43%, smaller than the maximum EIX drawdown of -72.18%. Use the drawdown chart below to compare losses from any high point for VOLMX and EIX. For additional features, visit the drawdowns tool.
Volatility
VOLMX vs. EIX - Volatility Comparison
The current volatility for Volumetric Fund (VOLMX) is 4.12%, while Edison International (EIX) has a volatility of 5.30%. This indicates that VOLMX experiences smaller price fluctuations and is considered to be less risky than EIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.