^SP600 vs. GNE
Compare and contrast key facts about S&P 600 (^SP600) and Genie Energy Ltd. (GNE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP600 or GNE.
Correlation
The correlation between ^SP600 and GNE is 0.27, 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
^SP600 vs. GNE - Performance Comparison
Key characteristics
^SP600:
-0.23
GNE:
-0.20
^SP600:
-0.17
GNE:
-0.07
^SP600:
0.98
GNE:
0.99
^SP600:
-0.19
GNE:
-0.11
^SP600:
-0.60
GNE:
-0.54
^SP600:
9.00%
GNE:
11.05%
^SP600:
23.79%
GNE:
30.13%
^SP600:
-59.17%
GNE:
-75.12%
^SP600:
-21.08%
GNE:
-50.13%
Returns By Period
In the year-to-date period, ^SP600 achieves a -13.43% return, which is significantly lower than GNE's -3.85% return. Over the past 10 years, ^SP600 has outperformed GNE with an annualized return of 5.36%, while GNE has yielded a comparatively lower 4.55% annualized return.
^SP600
-13.43%
-6.61%
-12.34%
-4.33%
11.28%
5.36%
GNE
-3.85%
1.15%
-6.01%
-3.17%
16.56%
4.55%
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
^SP600 vs. GNE — Risk-Adjusted Performance Rank
^SP600
GNE
^SP600 vs. GNE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 600 (^SP600) and Genie Energy Ltd. (GNE). 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
^SP600 vs. GNE - Drawdown Comparison
The maximum ^SP600 drawdown since its inception was -59.17%, smaller than the maximum GNE drawdown of -75.12%. Use the drawdown chart below to compare losses from any high point for ^SP600 and GNE. For additional features, visit the drawdowns tool.
Volatility
^SP600 vs. GNE - Volatility Comparison
S&P 600 (^SP600) has a higher volatility of 14.63% compared to Genie Energy Ltd. (GNE) at 9.25%. This indicates that ^SP600's price experiences larger fluctuations and is considered to be riskier than GNE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.