^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 0.37, 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.
Performance
^IBEX vs. ^GSPC - Performance Comparison
Key characteristics
^IBEX:
1.01
^GSPC:
2.10
^IBEX:
1.44
^GSPC:
2.80
^IBEX:
1.18
^GSPC:
1.39
^IBEX:
0.35
^GSPC:
3.09
^IBEX:
4.99
^GSPC:
13.49
^IBEX:
2.71%
^GSPC:
1.94%
^IBEX:
13.16%
^GSPC:
12.52%
^IBEX:
-62.65%
^GSPC:
-56.78%
^IBEX:
-28.09%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, ^IBEX achieves a 13.51% return, which is significantly lower than ^GSPC's 24.34% return. Over the past 10 years, ^IBEX has underperformed ^GSPC with an annualized return of 0.89%, while ^GSPC has yielded a comparatively higher 11.06% annualized return.
^IBEX
13.51%
-1.05%
3.94%
13.49%
3.39%
0.89%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
^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
IBEX 35 Index (^IBEX) has a higher volatility of 4.77% compared to S&P 500 (^GSPC) at 3.75%. This indicates that ^IBEX'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.