VPMAX vs. VOO
Compare and contrast key facts about Vanguard PRIMECAP Fund Admiral Shares (VPMAX) and Vanguard S&P 500 ETF (VOO).
VPMAX is managed by Vanguard. It was launched on Nov 12, 2001. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VPMAX or VOO.
Performance
VPMAX vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, VPMAX achieves a 15.62% return, which is significantly lower than VOO's 26.58% return. Both investments have delivered pretty close results over the past 10 years, with VPMAX having a 12.86% annualized return and VOO not far ahead at 13.22%.
VPMAX
15.62%
0.43%
4.17%
21.68%
13.48%
12.86%
VOO
26.58%
3.05%
13.23%
32.77%
15.74%
13.22%
Key characteristics
| VPMAX | VOO | |
|---|---|---|
| Sharpe Ratio | 1.29 | 2.69 |
| Sortino Ratio | 1.87 | 3.59 |
| Omega Ratio | 1.27 | 1.50 |
| Calmar Ratio | 1.76 | 3.88 |
| Martin Ratio | 5.90 | 17.58 |
| Ulcer Index | 3.67% | 1.86% |
| Daily Std Dev | 16.76% | 12.19% |
| Max Drawdown | -48.32% | -33.99% |
| Current Drawdown | -2.96% | -0.53% |
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.
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.
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.
Dividends
VPMAX vs. VOO - Dividend Comparison
VPMAX's dividend yield for the trailing twelve months is around 1.01%, less than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VPMAX Vanguard PRIMECAP Fund Admiral Shares | 1.01% | 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 | 1.24% | 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.
Volatility
VPMAX vs. VOO - Volatility Comparison
Vanguard PRIMECAP Fund Admiral Shares (VPMAX) has a higher volatility of 4.25% compared to Vanguard S&P 500 ETF (VOO) at 3.99%. 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.