^IMUS vs. ^GSPC
Compare and contrast key facts about Dow Jones Islamic Market U.S. Index (^IMUS) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IMUS or ^GSPC.
Correlation
The correlation between ^IMUS and ^GSPC is 0.96, 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.
Performance
^IMUS vs. ^GSPC - Performance Comparison
Key characteristics
^IMUS:
1.15
^GSPC:
1.86
^IMUS:
1.58
^GSPC:
2.50
^IMUS:
1.24
^GSPC:
1.34
^IMUS:
1.54
^GSPC:
2.77
^IMUS:
5.77
^GSPC:
11.99
^IMUS:
2.71%
^GSPC:
1.96%
^IMUS:
13.50%
^GSPC:
12.66%
^IMUS:
-47.72%
^GSPC:
-56.78%
^IMUS:
-3.01%
^GSPC:
-3.01%
Returns By Period
The year-to-date returns for both stocks are quite close, with ^IMUS having a 24.96% return and ^GSPC slightly lower at 23.84%. Over the past 10 years, ^IMUS has outperformed ^GSPC with an annualized return of 11.78%, while ^GSPC has yielded a comparatively lower 11.15% annualized return.
^IMUS
24.96%
-0.42%
6.84%
24.96%
13.35%
11.78%
^GSPC
23.84%
-2.08%
7.89%
23.84%
12.86%
11.15%
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Risk-Adjusted Performance
^IMUS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Islamic Market U.S. Index (^IMUS) 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
^IMUS vs. ^GSPC - Drawdown Comparison
The maximum ^IMUS drawdown since its inception was -47.72%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^IMUS and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^IMUS vs. ^GSPC - Volatility Comparison
Dow Jones Islamic Market U.S. Index (^IMUS) has a higher volatility of 4.35% compared to S&P 500 (^GSPC) at 4.04%. This indicates that ^IMUS'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.