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

Correlation

The correlation between VPMAX and VOO is 0.94, 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.


-0.50.00.51.00.9

Performance

VPMAX vs. VOO - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-5.53%
10.43%
VPMAX
VOO

Key characteristics

Sharpe Ratio

VPMAX:

0.56

VOO:

2.22

Sortino Ratio

VPMAX:

0.77

VOO:

2.95

Omega Ratio

VPMAX:

1.13

VOO:

1.42

Calmar Ratio

VPMAX:

0.74

VOO:

3.27

Martin Ratio

VPMAX:

2.68

VOO:

14.57

Ulcer Index

VPMAX:

3.38%

VOO:

1.90%

Daily Std Dev

VPMAX:

16.34%

VOO:

12.47%

Max Drawdown

VPMAX:

-48.32%

VOO:

-33.99%

Current Drawdown

VPMAX:

-9.40%

VOO:

-1.77%

Returns By Period

In the year-to-date period, VPMAX achieves a 7.95% return, which is significantly lower than VOO's 26.92% return. Over the past 10 years, VPMAX has underperformed VOO with an annualized return of 11.86%, while VOO has yielded a comparatively higher 13.12% annualized return.


VPMAX

YTD

7.95%

1M

-6.63%

6M

-5.53%

1Y

8.74%

5Y*

10.84%

10Y*

11.86%

VOO

YTD

26.92%

1M

0.27%

6M

10.43%

1Y

27.36%

5Y*

14.95%

10Y*

13.12%

Compare stocks, funds, or ETFs

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


VPMAX vs. VOO - Expense Ratio Comparison

VPMAX has a 0.31% expense ratio, which is higher than VOO's 0.03% expense ratio.


VPMAX
Vanguard PRIMECAP Fund Admiral Shares
Expense ratio chart for VPMAX: current value at 0.31% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.31%
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

VPMAX vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard PRIMECAP Fund Admiral Shares (VPMAX) and Vanguard S&P 500 ETF (VOO). 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 VPMAX, currently valued at 0.56, compared to the broader market-1.000.001.002.003.004.000.562.22
The chart of Sortino ratio for VPMAX, currently valued at 0.77, compared to the broader market-2.000.002.004.006.008.0010.000.772.95
The chart of Omega ratio for VPMAX, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.003.501.131.42
The chart of Calmar ratio for VPMAX, currently valued at 0.73, compared to the broader market0.002.004.006.008.0010.0012.0014.000.743.27
The chart of Martin ratio for VPMAX, currently valued at 2.68, compared to the broader market0.0020.0040.0060.002.6814.57
VPMAX
VOO

The current VPMAX Sharpe Ratio is 0.56, which is lower than the VOO Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of VPMAX and VOO, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.56
2.22
VPMAX
VOO

Dividends

VPMAX vs. VOO - Dividend Comparison

VPMAX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.23%.


TTM20232022202120202019201820172016201520142013
VPMAX
Vanguard PRIMECAP Fund Admiral Shares
0.00%1.17%1.31%0.79%1.12%1.29%1.36%1.08%1.37%1.20%1.32%1.03%
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%

Drawdowns

VPMAX vs. VOO - Drawdown Comparison

The maximum VPMAX drawdown since its inception was -48.32%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VPMAX and VOO. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-9.40%
-1.77%
VPMAX
VOO

Volatility

VPMAX vs. VOO - Volatility Comparison

Vanguard PRIMECAP Fund Admiral Shares (VPMAX) has a higher volatility of 9.98% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that VPMAX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
9.98%
3.78%
VPMAX
VOO
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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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