2 ms·
Nominal returns are only 11% more compared to a riskless VOO for the past 5 years. But NANC expense ratio is 0.74% per year while VOO is 0.03% per year. Every
by lotsofpulp 11mo ago
Nominal returns are only 11% more compared to a riskless VOO for the past 5 years. But NANC expense ratio is 0.74% per year while VOO is 0.03% per year. Every year, NANC would have to return an additional 0.7% just to break even with VOO, not accounting for the additional risk.
So we're looking at 11% - 3.5% = 7.5% real return over 5 years, or roughly 1.5% per year. I'll easily recommend passing on this one.
https://portfolioslab.com/tools/stock-comparison/NANC/VOO https://portfolioslab.com/tools/stock-comparison/NANC/VOO
- greyface- 11mo ago> compared to a riskless VOO Where do I get some of this "riskless" VOO? My broker only seems willing to sell me the regular, risky kind.
- lotsofpulp 11mo agoI would bet Congress passing legislation to backstop VOO (like they have time and time again) is much likelier than legislation to backstop NANC.