^AEX vs. ^GSPC
Compare and contrast key facts about AEX Index (^AEX) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^AEX or ^GSPC.
Key characteristics
| ^AEX | ^GSPC | |
|---|---|---|
| YTD Return | 11.44% | 9.53% |
| 1Y Return | 10.83% | 3.64% |
| 5Y Return (Ann) | 6.31% | 9.10% |
| 10Y Return (Ann) | 7.42% | 9.75% |
| Sharpe Ratio | 0.43 | 0.27 |
| Daily Std Dev | 17.74% | 21.14% |
| Max Drawdown | -71.60% | -56.78% |
Correlation
The correlation between ^AEX and ^GSPC is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
^AEX vs. ^GSPC - Performance Comparison
In the year-to-date period, ^AEX achieves a 11.44% return, which is significantly higher than ^GSPC's 9.53% return. Over the past 10 years, ^AEX has underperformed ^GSPC with an annualized return of 7.42%, while ^GSPC has yielded a comparatively higher 9.75% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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^AEX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AEX Index (^AEX) and S&P 500 (^GSPC). 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.
^AEX vs. ^GSPC - Drawdown Comparison
The maximum ^AEX drawdown for the period was -22.30%, roughly equal to the maximum ^GSPC drawdown of -21.13%. The drawdown chart below compares losses from any high point along the way for ^AEX and ^GSPC
^AEX vs. ^GSPC - Volatility Comparison
AEX Index (^AEX) has a higher volatility of 4.10% compared to S&P 500 (^GSPC) at 3.82%. This indicates that ^AEX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.