^IBEX vs. ^GSPC
Compare and contrast key facts about IBEX 35 Index (^IBEX) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IBEX or ^GSPC.
Correlation
The correlation between ^IBEX and ^GSPC is 0.42, 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
^IBEX vs. ^GSPC - Performance Comparison
Key characteristics
^IBEX:
1.27
^GSPC:
0.49
^IBEX:
1.68
^GSPC:
0.81
^IBEX:
1.24
^GSPC:
1.12
^IBEX:
0.61
^GSPC:
0.50
^IBEX:
6.60
^GSPC:
2.07
^IBEX:
3.22%
^GSPC:
4.57%
^IBEX:
16.77%
^GSPC:
19.43%
^IBEX:
-62.65%
^GSPC:
-56.78%
^IBEX:
-17.35%
^GSPC:
-10.73%
Returns By Period
In the year-to-date period, ^IBEX achieves a 13.67% return, which is significantly higher than ^GSPC's -6.75% return. Over the past 10 years, ^IBEX has underperformed ^GSPC with an annualized return of 1.23%, while ^GSPC has yielded a comparatively higher 10.05% annualized return.
^IBEX
13.67%
-2.26%
11.32%
19.51%
14.47%
1.23%
^GSPC
-6.75%
-5.05%
-5.60%
8.15%
14.14%
10.05%
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Risk-Adjusted Performance
^IBEX vs. ^GSPC — Risk-Adjusted Performance Rank
^IBEX
^GSPC
^IBEX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IBEX 35 Index (^IBEX) 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.
Drawdowns
^IBEX vs. ^GSPC - Drawdown Comparison
The maximum ^IBEX drawdown since its inception was -62.65%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^IBEX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^IBEX vs. ^GSPC - Volatility Comparison
The current volatility for IBEX 35 Index (^IBEX) is 12.70%, while S&P 500 (^GSPC) has a volatility of 14.20%. This indicates that ^IBEX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.