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 | 13.13% | 18.91% |
| 1Y Return | 22.64% | 28.20% |
| 3Y Return (Ann) | 3.52% | 9.93% |
| 5Y Return (Ann) | 12.15% | 15.31% |
| 10Y Return (Ann) | 12.23% | 12.87% |
| Sharpe Ratio | 1.67 | 2.21 |
| Daily Std Dev | 13.27% | 12.64% |
| Max Drawdown | -96.12% | -33.99% |
| Current Drawdown | -61.67% | -0.60% |
Correlation
The correlation between WPSGX and VOO is 0.92, 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 13.13% return, which is significantly lower than VOO's 18.91% return. Over the past 10 years, WPSGX has underperformed VOO with an annualized return of 12.23%, while VOO has yielded a comparatively higher 12.87% 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 1.02%, less than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WPSGX AB Concentrated Growth Fund | 1.02% | 1.15% | 1.95% | 10.55% | 3.56% | 3.26% | 8.08% | 3.51% | 0.44% | 2.89% | 2.84% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 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
The current volatility for AB Concentrated Growth Fund (WPSGX) is 3.21%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.83%. This indicates that WPSGX 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.