VOO vs. UHS
VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index, while UHS (Universal Health Services, Inc.) is a stock. Over the past 10 years, VOO returned 14.98%/yr vs 1.30%/yr for UHS. At a 0.47 correlation, their price movements are largely independent.
Performance
VOO vs. UHS - Performance Comparison
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Returns By Period
In the year-to-date period, VOO achieves a 9.44% return, which is significantly higher than UHS's -30.74% return. Over the past 10 years, VOO has outperformed UHS with an annualized return of 14.98%, while UHS has yielded a comparatively lower 1.30% annualized return.
VOO
- 1D
- -0.14%
- 1M
- -0.57%
- 6M
- 7.90%
- YTD
- 9.44%
- 1Y
- 19.65%
- 3Y*
- 19.52%
- 5Y*
- 12.88%
- 10Y*
- 14.98%
- ALL TIME*
- 14.77%
UHS
- 1D
- -0.34%
- 1M
- 6.71%
- 6M
- -24.46%
- YTD
- -30.74%
- 1Y
- -10.45%
- 3Y*
- 0.93%
- 5Y*
- 0.13%
- 10Y*
- 1.30%
- ALL TIME*
- 14.89%
VOO vs. UHS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VOO Vanguard S&P 500 ETF | 9.44% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
UHS Universal Health Services, Inc. | -30.74% | 22.02% | 18.19% | 8.83% | 9.37% | -5.16% | -4.00% | 23.62% | 3.16% | 6.93% |
Correlation
The correlation between VOO and UHS is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.47 |
Over the past year, the correlation between VOO and UHS has dropped to 0.15 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
VOO vs. UHS — Risk / Return Rank
VOO
UHS
VOO vs. UHS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 ETF (VOO) and Universal Health Services, Inc. (UHS). 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 | UHS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.97 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | -0.25 | +2.47 |
| Martin ratioReturn relative to average drawdown | 9.63 | -0.51 | +10.14 |
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Drawdowns
VOO vs. UHS - Drawdown Comparison
The maximum VOO drawdown since its inception was -33.99%, smaller than the maximum UHS drawdown of -60.27%. Use the drawdown chart below to compare losses from any high point for VOO and UHS.
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Drawdown Indicators
| VOO | UHS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.99% | -60.27% | +26.28% |
Max Drawdown (1Y)Largest decline over 1 year | -8.90% | -42.00% | +33.10% |
Max Drawdown (3Y)Largest decline over 3 years | -18.69% | -42.00% | +23.31% |
Max Drawdown (5Y)Largest decline over 5 years | -24.52% | -44.90% | +20.38% |
Max Drawdown (10Y)Largest decline over 10 years | -33.99% | -56.30% | +22.31% |
Current DrawdownCurrent decline from peak | -2.01% | -38.11% | +36.10% |
Average DrawdownAverage peak-to-trough decline | -3.67% | -14.88% | +11.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 20.71% | -18.67% |
Volatility
VOO vs. UHS - Volatility Comparison
The current volatility for Vanguard S&P 500 ETF (VOO) is 3.36%, while Universal Health Services, Inc. (UHS) has a volatility of 10.61%. This indicates that VOO experiences smaller price fluctuations and is considered to be less risky than UHS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VOO | UHS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.36% | 10.61% | -7.25% |
Volatility (6M)Calculated over the trailing 6-month period | 10.02% | 26.29% | -16.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.58% | 32.44% | -19.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 31.94% | -15.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.00% | 34.49% | -16.49% |
Dividends
VOO vs. UHS - Dividend Comparison
VOO's dividend yield for the trailing twelve months is around 1.08%, more than UHS's 0.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
UHS Universal Health Services, Inc. | 0.53% | 0.37% | 0.45% | 0.52% | 0.57% | 0.62% | 0.15% | 0.42% | 0.34% | 0.35% | 0.38% | 0.33% |
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
VOO and UHS have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UHS has higher volatility (10.61%) compared to VOO (3.36%). In terms of maximum drawdown, VOO dropped -33.99% vs UHS's -60.27%.
VOO currently has the higher Sharpe Ratio (1.57 vs -0.32), 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.
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