WPSGX vs. VOO
Compare and contrast key facts about AB Concentrated Growth Fund (WPSGX) and Vanguard S&P 500 ETF (VOO).
WPSGX is managed by AllianceBernstein. It was launched on Feb 28, 1994. 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: WPSGX or VOO.
Key characteristics
| WPSGX | VOO | |
|---|---|---|
| YTD Return | 16.86% | 27.15% |
| 1Y Return | 29.51% | 39.90% |
| 3Y Return (Ann) | -1.33% | 10.28% |
| 5Y Return (Ann) | 7.90% | 16.00% |
| 10Y Return (Ann) | 8.27% | 13.43% |
| Sharpe Ratio | 2.23 | 3.15 |
| Sortino Ratio | 3.04 | 4.19 |
| Omega Ratio | 1.40 | 1.59 |
| Calmar Ratio | 0.36 | 4.60 |
| Martin Ratio | 14.20 | 21.00 |
| Ulcer Index | 2.00% | 1.85% |
| Daily Std Dev | 12.72% | 12.34% |
| Max Drawdown | -96.12% | -33.99% |
| Current Drawdown | -72.62% | 0.00% |
Correlation
The correlation between WPSGX and VOO is 0.91, 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
WPSGX vs. VOO - Performance Comparison
In the year-to-date period, WPSGX achieves a 16.86% return, which is significantly lower than VOO's 27.15% return. Over the past 10 years, WPSGX has underperformed VOO with an annualized return of 8.27%, while VOO has yielded a comparatively higher 13.43% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WPSGX vs. VOO - Expense Ratio Comparison
WPSGX has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
WPSGX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Concentrated Growth Fund (WPSGX) 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
WPSGX vs. VOO - Dividend Comparison
WPSGX's dividend yield for the trailing twelve months is around 0.31%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPSGX AB Concentrated Growth Fund | 0.31% | 0.36% | 0.00% | 0.10% | 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
WPSGX vs. VOO - Drawdown Comparison
The maximum WPSGX drawdown since its inception was -96.12%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for WPSGX and VOO. For additional features, visit the drawdowns tool.
Volatility
WPSGX vs. VOO - Volatility Comparison
AB Concentrated Growth Fund (WPSGX) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.13% and 3.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.