PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
^GSPTSE vs. VFVA
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^GSPTSE and VFVA is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

^GSPTSE vs. VFVA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P TSX Composite Index (Canada) (^GSPTSE) and Vanguard U.S. Value Factor ETF (VFVA). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
8.03%
7.67%
^GSPTSE
VFVA

Key characteristics

Sharpe Ratio

^GSPTSE:

1.87

VFVA:

0.50

Sortino Ratio

^GSPTSE:

2.55

VFVA:

0.83

Omega Ratio

^GSPTSE:

1.34

VFVA:

1.10

Calmar Ratio

^GSPTSE:

2.79

VFVA:

0.84

Martin Ratio

^GSPTSE:

12.17

VFVA:

2.22

Ulcer Index

^GSPTSE:

1.56%

VFVA:

3.69%

Daily Std Dev

^GSPTSE:

10.17%

VFVA:

16.36%

Max Drawdown

^GSPTSE:

-49.99%

VFVA:

-48.57%

Current Drawdown

^GSPTSE:

-3.29%

VFVA:

-7.90%

Returns By Period

In the year-to-date period, ^GSPTSE achieves a 18.55% return, which is significantly higher than VFVA's 8.22% return.


^GSPTSE

YTD

18.55%

1M

-2.35%

6M

14.04%

1Y

18.99%

5Y*

7.69%

10Y*

5.48%

VFVA

YTD

8.22%

1M

-6.64%

6M

7.50%

1Y

8.22%

5Y*

11.32%

10Y*

N/A

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. VFVA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P TSX Composite Index (Canada) (^GSPTSE) and Vanguard U.S. Value Factor ETF (VFVA). 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.


Sharpe ratio
The chart of Sharpe ratio for ^GSPTSE, currently valued at 0.80, compared to the broader market-0.500.000.501.001.502.002.500.800.48
The chart of Sortino ratio for ^GSPTSE, currently valued at 1.14, compared to the broader market-1.000.001.002.003.001.140.81
The chart of Omega ratio for ^GSPTSE, currently valued at 1.15, compared to the broader market0.901.001.101.201.301.401.151.10
The chart of Calmar ratio for ^GSPTSE, currently valued at 0.73, compared to the broader market0.001.002.003.000.730.81
The chart of Martin ratio for ^GSPTSE, currently valued at 4.79, compared to the broader market0.005.0010.0015.004.792.13
^GSPTSE
VFVA

The current ^GSPTSE Sharpe Ratio is 1.87, which is higher than the VFVA Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of ^GSPTSE and VFVA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.80
0.48
^GSPTSE
VFVA

Drawdowns

^GSPTSE vs. VFVA - Drawdown Comparison

The maximum ^GSPTSE drawdown since its inception was -49.99%, roughly equal to the maximum VFVA drawdown of -48.57%. Use the drawdown chart below to compare losses from any high point for ^GSPTSE and VFVA. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.55%
-7.90%
^GSPTSE
VFVA

Volatility

^GSPTSE vs. VFVA - Volatility Comparison

S&P TSX Composite Index (Canada) (^GSPTSE) has a higher volatility of 4.23% compared to Vanguard U.S. Value Factor ETF (VFVA) at 3.89%. This indicates that ^GSPTSE's price experiences larger fluctuations and is considered to be riskier than VFVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.23%
3.89%
^GSPTSE
VFVA
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab