^GSPTSE vs. IVV
Compare and contrast key facts about S&P TSX Composite Index (Canada) (^GSPTSE) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPTSE or IVV.
Key characteristics
| ^GSPTSE | IVV | |
|---|---|---|
| YTD Return | 8.70% | 14.47% |
| 1Y Return | 13.16% | 23.28% |
| 3Y Return (Ann) | 3.08% | 7.83% |
| 5Y Return (Ann) | 6.65% | 14.51% |
| 10Y Return (Ann) | 3.92% | 12.55% |
| Sharpe Ratio | 1.10 | 1.82 |
| Daily Std Dev | 11.44% | 12.62% |
| Max Drawdown | -49.99% | -55.25% |
| Current Drawdown | -2.43% | -4.33% |
Correlation
The correlation between ^GSPTSE and IVV is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^GSPTSE vs. IVV - Performance Comparison
In the year-to-date period, ^GSPTSE achieves a 8.70% return, which is significantly lower than IVV's 14.47% return. Over the past 10 years, ^GSPTSE has underperformed IVV with an annualized return of 3.92%, while IVV has yielded a comparatively higher 12.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
^GSPTSE vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P TSX Composite Index (Canada) (^GSPTSE) and iShares Core S&P 500 ETF (IVV). 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.
Drawdowns
^GSPTSE vs. IVV - Drawdown Comparison
The maximum ^GSPTSE drawdown since its inception was -49.99%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ^GSPTSE and IVV. For additional features, visit the drawdowns tool.
Volatility
^GSPTSE vs. IVV - Volatility Comparison
The current volatility for S&P TSX Composite Index (Canada) (^GSPTSE) is 4.13%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.78%. This indicates that ^GSPTSE experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.