^IMXL vs. VOO
Compare and contrast key facts about Dow Jones Islamic Market Titans 100 Index (^IMXL) and Vanguard S&P 500 ETF (VOO).
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: ^IMXL or VOO.
Correlation
The correlation between ^IMXL and VOO is 0.89, 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
^IMXL vs. VOO - Performance Comparison
Key characteristics
^IMXL:
1.36
VOO:
1.76
^IMXL:
1.85
VOO:
2.37
^IMXL:
1.28
VOO:
1.32
^IMXL:
1.63
VOO:
2.66
^IMXL:
6.26
VOO:
11.10
^IMXL:
2.78%
VOO:
2.02%
^IMXL:
12.83%
VOO:
12.79%
^IMXL:
-48.36%
VOO:
-33.99%
^IMXL:
-1.67%
VOO:
-2.11%
Returns By Period
The year-to-date returns for both investments are quite close, with ^IMXL having a 2.33% return and VOO slightly higher at 2.40%. Over the past 10 years, ^IMXL has underperformed VOO with an annualized return of 10.93%, while VOO has yielded a comparatively higher 13.03% annualized return.
^IMXL
2.33%
-1.14%
5.11%
18.37%
12.48%
10.93%
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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Risk-Adjusted Performance
^IMXL vs. VOO — Risk-Adjusted Performance Rank
^IMXL
VOO
^IMXL vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Islamic Market Titans 100 Index (^IMXL) 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.
Drawdowns
^IMXL vs. VOO - Drawdown Comparison
The maximum ^IMXL drawdown since its inception was -48.36%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ^IMXL and VOO. For additional features, visit the drawdowns tool.
Volatility
^IMXL vs. VOO - Volatility Comparison
Dow Jones Islamic Market Titans 100 Index (^IMXL) has a higher volatility of 3.02% compared to Vanguard S&P 500 ETF (VOO) at 2.87%. This indicates that ^IMXL'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.