WEIX vs. VOO
Compare and contrast key facts about Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) and Vanguard S&P 500 ETF (VOO).
WEIX and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WEIX is an actively managed fund by Dynamic Shares Trust. It was launched on Jan 13, 2022. 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: WEIX or VOO.
Key characteristics
| WEIX | VOO | |
|---|---|---|
| YTD Return | -2.74% | 27.26% |
| 1Y Return | 3.72% | 37.86% |
| Sharpe Ratio | 0.18 | 3.25 |
| Sortino Ratio | 0.38 | 4.31 |
| Omega Ratio | 1.10 | 1.61 |
| Calmar Ratio | 0.17 | 4.74 |
| Martin Ratio | 0.58 | 21.63 |
| Ulcer Index | 8.88% | 1.85% |
| Daily Std Dev | 28.93% | 12.25% |
| Max Drawdown | -30.55% | -33.99% |
| Current Drawdown | -12.53% | 0.00% |
Correlation
The correlation between WEIX and VOO is 0.70, 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
WEIX vs. VOO - Performance Comparison
In the year-to-date period, WEIX achieves a -2.74% return, which is significantly lower than VOO's 27.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WEIX vs. VOO - Expense Ratio Comparison
WEIX has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
WEIX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) 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
WEIX vs. VOO - Dividend Comparison
WEIX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WEIX Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
WEIX vs. VOO - Drawdown Comparison
The maximum WEIX drawdown since its inception was -30.55%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for WEIX and VOO. For additional features, visit the drawdowns tool.
Volatility
WEIX vs. VOO - Volatility Comparison
Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) has a higher volatility of 6.96% compared to Vanguard S&P 500 ETF (VOO) at 3.92%. This indicates that WEIX'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.