^SIXB vs. VOO
Compare and contrast key facts about Materials Select Sector Index (^SIXB) 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: ^SIXB or VOO.
Correlation
The correlation between ^SIXB and VOO is 0.80, 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
^SIXB vs. VOO - Performance Comparison
Key characteristics
^SIXB:
0.08
VOO:
2.25
^SIXB:
0.21
VOO:
2.98
^SIXB:
1.02
VOO:
1.42
^SIXB:
0.08
VOO:
3.31
^SIXB:
0.31
VOO:
14.77
^SIXB:
3.73%
VOO:
1.90%
^SIXB:
13.57%
VOO:
12.46%
^SIXB:
-60.98%
VOO:
-33.99%
^SIXB:
-12.67%
VOO:
-2.47%
Returns By Period
In the year-to-date period, ^SIXB achieves a -0.35% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, ^SIXB has underperformed VOO with an annualized return of 5.67%, while VOO has yielded a comparatively higher 13.08% annualized return.
^SIXB
-0.35%
-7.66%
-4.54%
0.13%
7.05%
5.67%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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Risk-Adjusted Performance
^SIXB vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Materials Select Sector Index (^SIXB) 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
^SIXB vs. VOO - Drawdown Comparison
The maximum ^SIXB drawdown since its inception was -60.98%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ^SIXB and VOO. For additional features, visit the drawdowns tool.
Volatility
^SIXB vs. VOO - Volatility Comparison
Materials Select Sector Index (^SIXB) has a higher volatility of 4.37% compared to Vanguard S&P 500 ETF (VOO) at 3.75%. This indicates that ^SIXB'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.