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S&P 500 Equal Weighted Index (^SPXEW)
Performance
Return for Risk
Drawdowns
Volatility

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in S&P 500 Equal Weighted Index, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

S&P 500 Equal Weighted Index (^SPXEW) has returned 0.19% so far this year and 10.74% over the past 12 months. Over the last ten years, ^SPXEW has returned 9.27% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


S&P 500 Equal Weighted Index

1D
2.02%
1M
-6.18%
YTD
0.19%
6M
1.11%
1Y
10.74%
3Y*
9.79%
5Y*
5.99%
10Y*
9.27%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 29, 1989, ^SPXEW's average daily return is +0.04%, while the average monthly return is +0.83%. At this rate, your investment would double in approximately 7.0 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2009 with a return of +18.6%, while the worst month was Oct 2008 at -21.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ^SPXEW closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +11.3%, while the worst single day was Mar 16, 2020 at -12.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.28%3.40%-6.18%0.19%
20253.40%-0.77%-3.59%-2.38%4.15%3.23%0.88%2.52%0.90%-1.04%1.73%0.25%9.34%
2024-0.91%3.96%4.25%-4.95%2.63%-0.65%4.39%2.30%2.15%-1.72%6.24%-6.44%10.90%
20237.30%-3.48%-1.11%0.24%-3.99%7.51%3.36%-3.37%-5.26%-4.18%8.87%6.66%11.56%
2022-4.43%-1.03%2.39%-6.48%0.80%-9.58%8.60%-3.69%-9.42%9.70%6.47%-4.90%-13.11%
2021-0.90%5.90%5.76%4.65%1.76%-0.01%1.20%2.22%-3.94%5.24%-2.72%6.02%27.48%

Benchmark Metrics

S&P 500 Equal Weighted Index has an annualized alpha of 0.77%, beta of 0.99, and R² of 0.92 versus S&P 500 Index. Calculated based on daily prices since January 02, 1990.

  • This index captured 105.42% of S&P 500 Index gains and 102.41% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • With beta of 0.99 and R² of 0.92, this index moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
0.77%
Beta
0.99
0.92
Upside Capture
105.42%
Downside Capture
102.41%

Return for Risk

Risk / Return Rank

^SPXEW ranks 41 for risk / return — on par with similar indices. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


^SPXEW Risk / Return Rank: 4141
Overall Rank
^SPXEW Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
^SPXEW Sortino Ratio Rank: 3838
Sortino Ratio Rank
^SPXEW Omega Ratio Rank: 4141
Omega Ratio Rank
^SPXEW Calmar Ratio Rank: 3939
Calmar Ratio Rank
^SPXEW Martin Ratio Rank: 4646
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for S&P 500 Equal Weighted Index (^SPXEW) and compare them to a chosen benchmark (S&P 500 Index).


^SPXEWBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.63

0.90

-0.27

Sortino ratio

Return per unit of downside risk

1.00

1.39

-0.39

Omega ratio

Gain probability vs. loss probability

1.14

1.21

-0.07

Calmar ratio

Return relative to maximum drawdown

0.92

1.40

-0.48

Martin ratio

Return relative to average drawdown

4.08

6.61

-2.53

Explore ^SPXEW risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the S&P 500 Equal Weighted Index. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the S&P 500 Equal Weighted Index was 60.83%, occurring on Mar 9, 2009. Recovery took 541 trading sessions.

The current S&P 500 Equal Weighted Index drawdown is 6.18%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.83%Jul 16, 2007416Mar 9, 2009541Apr 28, 2011957
-40.33%May 22, 2001347Oct 9, 2002309Dec 29, 2003656
-39.21%Feb 13, 202027Mar 23, 2020161Nov 9, 2020188
-26.74%Jan 3, 1990197Oct 11, 199099Mar 5, 1991296
-23.21%May 11, 2011102Oct 3, 2011113Mar 15, 2012215

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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