^GSPC vs. VTWV
^GSPC (S&P 500 Index) is an index, while VTWV (Vanguard Russell 2000 Value ETF) is Small Cap Value Equities fund tracking the Russell 2000 Value Index. Over the past 10 years, ^GSPC returned 13.53%/yr vs 10.58%/yr for VTWV. A 0.75 correlation means they provide meaningful diversification when combined.
Performance
^GSPC vs. VTWV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ^GSPC achieves a 8.02% return, which is significantly lower than VTWV's 19.49% return. Over the past 10 years, ^GSPC has outperformed VTWV with an annualized return of 13.53%, while VTWV has yielded a comparatively lower 10.58% annualized return.
^GSPC
- 1D
- 1.75%
- 1M
- -0.09%
- YTD
- 8.02%
- 6M
- 7.15%
- 1Y
- 22.78%
- 3Y*
- 19.45%
- 5Y*
- 11.73%
- 10Y*
- 13.53%
VTWV
- 1D
- 2.44%
- 1M
- 3.11%
- YTD
- 19.49%
- 6M
- 15.14%
- 1Y
- 40.78%
- 3Y*
- 17.72%
- 5Y*
- 6.85%
- 10Y*
- 10.58%
^GSPC vs. VTWV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^GSPC S&P 500 Index | 8.02% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 19.42% |
VTWV Vanguard Russell 2000 Value ETF | 19.49% | 12.72% | 7.83% | 14.67% | -14.46% | 27.90% | 4.88% | 22.44% | -13.34% | 8.06% |
Correlation
The correlation between ^GSPC and VTWV is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2010 | 0.75 |
The correlation between ^GSPC and VTWV has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
^GSPC vs. VTWV — Risk / Return Rank
^GSPC
VTWV
^GSPC vs. VTWV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Index (^GSPC) and Vanguard Russell 2000 Value ETF (VTWV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^GSPC | VTWV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.52 | 4.74 | -2.23 |
| Martin ratioReturn relative to average drawdown | 11.31 | 16.17 | -4.86 |
Loading charts...
Drawdowns
^GSPC vs. VTWV - Drawdown Comparison
The maximum ^GSPC drawdown since its inception was -56.78%, which is greater than VTWV's maximum drawdown of -45.73%. Use the drawdown chart below to compare losses from any high point for ^GSPC and VTWV.
Loading charts...
Drawdown Indicators
| ^GSPC | VTWV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.78% | -45.73% | -11.05% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -8.64% | -0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -18.90% | -26.72% | +7.82% |
Max Drawdown (5Y)Largest decline over 5 years | -25.43% | -26.72% | +1.29% |
Max Drawdown (10Y)Largest decline over 10 years | -33.92% | -45.73% | +11.81% |
Current DrawdownCurrent decline from peak | -2.83% | 0.00% | -2.83% |
Average DrawdownAverage peak-to-trough decline | -10.72% | -7.80% | -2.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 2.53% | -0.51% |
Volatility
^GSPC vs. VTWV - Volatility Comparison
The current volatility for S&P 500 Index (^GSPC) is 4.44%, while Vanguard Russell 2000 Value ETF (VTWV) has a volatility of 5.87%. This indicates that ^GSPC experiences smaller price fluctuations and is considered to be less risky than VTWV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ^GSPC | VTWV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.44% | 5.87% | -1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 9.71% | 12.65% | -2.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.38% | 18.46% | -6.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.97% | 21.77% | -4.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 23.56% | -5.47% |
Frequently Asked Questions
^GSPC and VTWV have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VTWV has higher volatility (5.87%) compared to ^GSPC (4.44%). In terms of maximum drawdown, ^GSPC dropped -56.78% vs VTWV's -45.73%.
VTWV currently has the higher Sharpe Ratio (2.22 vs 1.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ^GSPC and VTWV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer