VOO vs. BJ

Last updated Jul 26, 2026

VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index, while BJ (BJ's Wholesale Club Holdings, Inc.) is a stock. Over the past 5 years, VOO returned 12.51%/yr vs 12.93%/yr for BJ. Their 0.24 correlation means their historical movements had little consistent relationship.

Performance

VOO vs. BJ - Performance Comparison

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

Returns By Period

In the year-to-date period, VOO achieves a 8.95% return, which is significantly higher than BJ's 3.23% return.

VOO

• 1D: 0.08%
• 1M: 0.80%
• 6M: 7.80%
• YTD: 8.95%
• 1Y: 17.35%
• 3Y*: 19.06%
• 5Y*: 12.51%
• 10Y*: 14.95%
• ALL TIME*: 14.72%

BJ

• 1D: 1.81%
• 1M: 7.68%
• 6M: -4.63%
• YTD: 3.23%
• 1Y: -10.81%
• 3Y*: 12.53%
• 5Y*: 12.93%
• 10Y*: —
• ALL TIME*: 20.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BJ BJ's Wholesale Club Holdings, Inc.	$149.84M	$164.52M	$193.09M
VOO Vanguard S&P 500 ETF	$3.42B	$4.58B	$5.39B

VOO vs. BJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
VOO Vanguard S&P 500 ETF	8.95%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-6.17%
BJ BJ's Wholesale Club Holdings, Inc.	3.23%	0.76%	34.04%	0.76%	-1.21%	79.64%	63.94%	2.62%	4.28%

Correlation

The correlation between VOO and BJ is -0.17, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.17
Correlation (3Y) Balances recent behavior with more history.	0.07
Correlation (5Y) Shows whether the relationship held over a longer period.	0.18
Correlation (All Time) Calculated using the full available price history since Jun 28, 2018	0.24

The correlation between VOO and BJ shifts across timeframes, from -0.17 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VOO vs. BJ — Risk / Return Rank

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

VOO

VOO Risk / Return Rank: 61
VOO Sharpe Ratio Rank: 61
VOO Sortino Ratio Rank: 59
VOO Omega Ratio Rank: 60
VOO Calmar Ratio Rank: 58
VOO Martin Ratio Rank: 70

BJ

BJ Risk / Return Rank: 31
BJ Sharpe Ratio Rank: 32
BJ Sortino Ratio Rank: 29
BJ Omega Ratio Rank: 29
BJ Calmar Ratio Rank: 32
BJ Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VOO vs. BJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 ETF (VOO) and BJ's Wholesale Club Holdings, Inc. (BJ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VOO	BJ	Difference
Sharpe ratio: Return per unit of total volatility	1.42	-0.34	+1.76
Sortino ratio: Return per unit of downside risk	1.99	-0.29	+2.27
Omega ratio: Gain probability vs. loss probability	1.26	0.97	+0.29
Calmar ratio: Return relative to maximum drawdown	2.01	-0.43	+2.44
Martin ratio: Return relative to average drawdown	8.67	-0.69	+9.36

VOO vs. BJ - Sharpe Ratio Comparison

The current VOO Sharpe Ratio is 1.42, which is higher than the BJ Sharpe Ratio of -0.34. The chart below compares the historical Sharpe Ratios of VOO and BJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VOO vs. BJ - Drawdown Comparison

The maximum VOO drawdown since its inception was -33.99%, smaller than the maximum BJ drawdown of -38.76%. Use the drawdown chart below to compare losses from any high point for VOO and BJ.

Drawdown Indicators

	VOO	BJ	Difference
Max Drawdown Largest peak-to-trough decline	-33.99%	-38.76%	+4.77%
Max Drawdown (1Y) Largest decline over 1 year	-8.90%	-23.79%	+14.89%
Max Drawdown (3Y) Largest decline over 3 years	-18.69%	-30.12%	+11.43%
Max Drawdown (5Y) Largest decline over 5 years	-24.52%	-30.12%	+5.60%
Max Drawdown (10Y) Largest decline over 10 years	-33.99%	—	—
Current Drawdown Current decline from peak	-2.45%	-22.51%	+20.06%
Average Drawdown Average peak-to-trough decline	-3.67%	-12.67%	+9.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	14.84%	-12.78%

Volatility

VOO vs. BJ - Volatility Comparison

The current volatility for Vanguard S&P 500 ETF (VOO) is 3.22%, while BJ's Wholesale Club Holdings, Inc. (BJ) has a volatility of 7.97%. This indicates that VOO experiences smaller price fluctuations and is considered to be less risky than BJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VOO	BJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	7.97%	-4.75%
Volatility (6M) Calculated over the trailing 6-month period	9.84%	22.54%	-12.70%
Volatility (1Y) Calculated over the trailing 1-year period	12.62%	29.99%	-17.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	32.42%	-15.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.00%	37.04%	-19.04%

Dividends

VOO vs. BJ - Dividend Comparison

VOO's dividend yield for the trailing twelve months is around 1.08%, while BJ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BJ BJ's Wholesale Club Holdings, 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	1.08%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both VOO and BJ in my portfolio?

VOO and BJ have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VOO or BJ?

BJ has higher volatility (7.97%) compared to VOO (3.22%). In terms of maximum drawdown, VOO dropped -33.99% vs BJ's -38.76%.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (1.42 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.