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VOO vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VOO and SPY is 1.00, 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.


-0.50.00.51.01.0

Performance

VOO vs. SPY - Performance Comparison

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

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
10.43%
10.28%
VOO
SPY

Key characteristics

Sharpe Ratio

VOO:

2.22

SPY:

2.21

Sortino Ratio

VOO:

2.95

SPY:

2.93

Omega Ratio

VOO:

1.42

SPY:

1.41

Calmar Ratio

VOO:

3.27

SPY:

3.26

Martin Ratio

VOO:

14.57

SPY:

14.40

Ulcer Index

VOO:

1.90%

SPY:

1.90%

Daily Std Dev

VOO:

12.47%

SPY:

12.44%

Max Drawdown

VOO:

-33.99%

SPY:

-55.19%

Current Drawdown

VOO:

-1.77%

SPY:

-1.83%

Returns By Period

The year-to-date returns for both stocks are quite close, with VOO having a 26.92% return and SPY slightly lower at 26.72%. Both investments have delivered pretty close results over the past 10 years, with VOO having a 13.12% annualized return and SPY not far behind at 13.04%.


VOO

YTD

26.92%

1M

0.27%

6M

10.43%

1Y

27.36%

5Y*

14.95%

10Y*

13.12%

SPY

YTD

26.72%

1M

0.20%

6M

10.28%

1Y

27.17%

5Y*

14.87%

10Y*

13.04%

Compare stocks, funds, or ETFs

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


VOO vs. SPY - Expense Ratio Comparison

VOO has a 0.03% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


SPY
SPDR S&P 500 ETF
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%
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

VOO vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 2.22, compared to the broader market0.002.004.002.222.21
The chart of Sortino ratio for VOO, currently valued at 2.95, compared to the broader market-2.000.002.004.006.008.0010.002.952.93
The chart of Omega ratio for VOO, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.001.421.41
The chart of Calmar ratio for VOO, currently valued at 3.27, compared to the broader market0.005.0010.0015.003.273.26
The chart of Martin ratio for VOO, currently valued at 14.57, compared to the broader market0.0020.0040.0060.0080.00100.0014.5714.40
VOO
SPY

The current VOO Sharpe Ratio is 2.22, which is comparable to the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of VOO and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.22
2.21
VOO
SPY

Dividends

VOO vs. SPY - Dividend Comparison

VOO's dividend yield for the trailing twelve months is around 1.23%, more than SPY's 1.19% yield.


TTM20232022202120202019201820172016201520142013
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%
SPY
SPDR S&P 500 ETF
1.19%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

VOO vs. SPY - Drawdown Comparison

The maximum VOO drawdown since its inception was -33.99%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VOO and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.77%
-1.83%
VOO
SPY

Volatility

VOO vs. SPY - Volatility Comparison

Vanguard S&P 500 ETF (VOO) and SPDR S&P 500 ETF (SPY) have volatilities of 3.78% and 3.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.78%
3.83%
VOO
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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