VRAI vs. VOO
VRAI (Virtus Real Asset Income ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - VRAI is a REIT fund tracking the Indxx Real Asset Income Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, VRAI returned 5.71%/yr vs 13.13%/yr for VOO. A 0.62 correlation means they provide meaningful diversification when combined. VRAI charges 0.55%/yr vs 0.03%/yr for VOO.
Performance
VRAI vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, VRAI achieves a 20.17% return, which is significantly higher than VOO's 8.19% return.
VRAI
- 1D
- 0.52%
- 1M
- -1.36%
- YTD
- 20.17%
- 6M
- 20.99%
- 1Y
- 22.60%
- 3Y*
- 12.35%
- 5Y*
- 5.71%
- 10Y*
- —
VOO
- 1D
- -1.42%
- 1M
- -1.34%
- YTD
- 8.19%
- 6M
- 7.24%
- 1Y
- 23.69%
- 3Y*
- 20.78%
- 5Y*
- 13.13%
- 10Y*
- 15.61%
VRAI vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
VRAI Virtus Real Asset Income ETF | 20.17% | 6.67% | 2.66% | 6.12% | -9.96% | 24.35% | -5.94% | 6.05% |
VOO Vanguard S&P 500 ETF | 8.19% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 21.57% |
Correlation
The correlation between VRAI and VOO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2019 | 0.62 |
Over the past year, the correlation between VRAI and VOO has dropped to 0.21 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
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Return for Risk
VRAI vs. VOO — Risk / Return Rank
VRAI
VOO
VRAI vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Real Asset Income ETF (VRAI) 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.
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.
| VRAI | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.35 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 4.71 | 2.67 | +2.04 |
| Martin ratioReturn relative to average drawdown | 14.54 | 11.96 | +2.58 |
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Drawdowns
VRAI vs. VOO - Drawdown Comparison
The maximum VRAI drawdown since its inception was -47.51%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VRAI and VOO.
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Drawdown Indicators
| VRAI | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.51% | -33.99% | -13.52% |
Max Drawdown (1Y)Largest decline over 1 year | -4.82% | -8.90% | +4.08% |
Max Drawdown (3Y)Largest decline over 3 years | -16.89% | -18.69% | +1.80% |
Max Drawdown (5Y)Largest decline over 5 years | -26.71% | -24.52% | -2.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -2.34% | -3.14% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -10.03% | -3.68% | -6.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.99% | -0.43% |
Volatility
VRAI vs. VOO - Volatility Comparison
The current volatility for Virtus Real Asset Income ETF (VRAI) is 3.28%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.83%. This indicates that VRAI experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VRAI | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 4.83% | -1.55% |
Volatility (6M)Calculated over the trailing 6-month period | 8.29% | 9.82% | -1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.99% | 12.46% | -0.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.61% | 16.91% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.07% | 18.02% | +4.05% |
VRAI vs. VOO - Expense Ratio Comparison
VRAI has a 0.55% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
VRAI vs. VOO - Dividend Comparison
VRAI's dividend yield for the trailing twelve months is around 2.92%, more than VOO's 1.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOO Vanguard S&P 500 ETF | 1.05% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
VRAI Virtus Real Asset Income ETF | 2.92% | 4.68% | 7.13% | 5.02% | 4.48% | 3.34% | 3.91% | 2.80% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
VRAI and VOO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VOO has higher volatility (4.83%) compared to VRAI (3.28%). In terms of maximum drawdown, VRAI dropped -47.51% vs VOO's -33.99%.
On 5-year performance, VOO leads with 13.13% vs 5.71% for VRAI. On fees, VOO is cheaper at 0.03% per year. On volatility, VRAI has been the lower-risk option at 3.28%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, VOO has performed better with a 13.13% return vs 5.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 0.55% for VRAI.
VRAI has the higher dividend yield at 2.92%, compared with 1.05% for VOO.
VRAI is categorized as REIT, while VOO is S&P 500. VRAI tracks Indxx Real Asset Income Index, while VOO tracks S&P 500 Index. They also come from different issuers: Virtus Investment Partners and Vanguard. Their fees differ too: 0.55% for VRAI and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (1.91 vs 1.90), 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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