S&P 500 Consumer Discretionary Index (^SPLRCD) Sharpe Ratio: 0.56

^SPLRCD's Sharpe Ratio of 0.56 indicates that for each unit of volatility, it generates 0.56 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 5, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

^SPLRCD Sharpe Ratio Rank

Below Average

^SPLRCD ranks above 32.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns may not adequately compensate for volatility taken
Consider smaller allocation given below-average risk-adjusted profile
Explore higher-ranked investments with better consistency
Assess whether the volatility profile aligns with your portfolio goals

^SPLRCD Sharpe Ratio Market Positioning

The chart shows ^SPLRCD's Sharpe Ratio relative to all indices on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.44 or lower
Yellow zone (middle 50%): 0.44 to 2.03
Green zone (top 25%): 2.03 or higher
Top 1%: 46.13+
Median: 1.60 — half of all investments score higher

How it compares to other similar indices

The table compares ^SPLRCD's Sharpe Ratio with other similar indices across multiple time periods, showing relative risk-adjusted performance.

Data shows 1-, 5-, and 10-year periods, plus each index's all-time average, as of Jun 5, 2026.

Symbol	Name	1Y Sharpe Ratio
^CASHX	US Money Market Index	262.59
^NWX	ARCA Networking	4.90
^SOX	PHLX Semiconductor Index	4.78
^N225	Nikkei 225	3.60
^GSPTXDV	S&P/TSX Dividend Aristocrats	3.49
^SPLRCT	S&P 500 Information Technology Index	2.73
^DJUSST	Dow Jones U.S. Iron & Steel Index	2.70
^DJAT	Dow Jones Asian Titans 50 Index	2.64
^SPTSX60	S&P/TSX 60 Index	2.62
^PUT	CBOE S&P 500 PutWrite Index	2.60
^SPLRCD	S&P 500 Consumer Discretionary Index	0.56

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

The chart shows ^SPLRCD's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ^SPLRCD consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

Loading charts...

Sharpe Ratio Calculator

How does ^SPLRCD fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

Analyze Your Portfolio