^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
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Key characteristics
^SP600:
-0.11
GNE:
0.52
^SP600:
0.08
GNE:
1.02
^SP600:
1.01
GNE:
1.12
^SP600:
-0.05
GNE:
0.32
^SP600:
-0.16
GNE:
1.57
^SP600:
9.95%
GNE:
11.06%
^SP600:
24.10%
GNE:
29.05%
^SP600:
-59.17%
GNE:
-75.12%
^SP600:
-15.59%
GNE:
-41.61%
Returns By Period
In the year-to-date period, ^SP600 achieves a -7.41% return, which is significantly lower than GNE's 12.59% return. Over the past 10 years, ^SP600 has underperformed GNE with an annualized return of 6.21%, while GNE has yielded a comparatively higher 6.94% annualized return.
^SP600
-7.41%
10.71%
-12.81%
-2.73%
12.90%
6.21%
GNE
12.59%
15.63%
9.43%
14.86%
19.19%
6.94%
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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.
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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.
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Volatility
^SP600 vs. GNE - Volatility Comparison
The current volatility for S&P 600 (^SP600) is 6.38%, while Genie Energy Ltd. (GNE) has a volatility of 7.31%. This indicates that ^SP600 experiences smaller price fluctuations and is considered to be less risky than GNE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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