VOX vs. SPY
Compare and contrast key facts about Vanguard Communication Services ETF (VOX) and SPDR S&P 500 ETF (SPY).
VOX and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOX is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Telecommunication Services 25/50 Index. It was launched on Sep 23, 2004. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both VOX and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VOX or SPY.
Correlation
The correlation between VOX and SPY is 0.78, 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
VOX vs. SPY - Performance Comparison
Key characteristics
VOX:
0.45
SPY:
0.34
VOX:
0.76
SPY:
0.62
VOX:
1.11
SPY:
1.09
VOX:
0.45
SPY:
0.35
VOX:
1.86
SPY:
1.64
VOX:
5.10%
SPY:
4.00%
VOX:
20.90%
SPY:
19.55%
VOX:
-57.18%
SPY:
-55.19%
VOX:
-16.14%
SPY:
-12.02%
Returns By Period
The year-to-date returns for both investments are quite close, with VOX having a -8.41% return and SPY slightly higher at -7.99%. Over the past 10 years, VOX has underperformed SPY with an annualized return of 6.89%, while SPY has yielded a comparatively higher 11.91% annualized return.
VOX
-8.41%
-5.74%
-3.10%
11.14%
12.60%
6.89%
SPY
-7.99%
-4.19%
-6.68%
7.93%
15.74%
11.91%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VOX vs. SPY - Expense Ratio Comparison
VOX has a 0.10% expense ratio, which is higher than SPY's 0.09% 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
VOX vs. SPY — Risk-Adjusted Performance Rank
VOX
SPY
VOX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Communication Services ETF (VOX) 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.
Dividends
VOX vs. SPY - Dividend Comparison
VOX's dividend yield for the trailing twelve months is around 1.20%, less than SPY's 1.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOX Vanguard Communication Services ETF | 1.20% | 1.05% | 1.03% | 0.88% | 0.93% | 0.74% | 0.90% | 2.77% | 3.83% | 2.67% | 3.55% | 2.66% |
SPY SPDR S&P 500 ETF | 1.33% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
VOX vs. SPY - Drawdown Comparison
The maximum VOX drawdown since its inception was -57.18%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VOX and SPY. For additional features, visit the drawdowns tool.
Volatility
VOX vs. SPY - Volatility Comparison
The current volatility for Vanguard Communication Services ETF (VOX) is 13.67%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.47%. This indicates that VOX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.