^SPXEWTR vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about S&P 500 Equal Weighted TR Index (^SPXEWTR) and S&P 500 Index (^GSPC).

Performance

^SPXEWTR vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P 500 Equal Weighted TR Index (^SPXEWTR) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

^SPXEWTR vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SPXEWTR S&P 500 Equal Weighted TR Index	0.99%	11.43%	13.01%	13.87%	-11.45%	29.63%	12.83%	29.24%	-7.64%	18.90%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, ^SPXEWTR achieves a 0.99% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, ^SPXEWTR has underperformed ^GSPC with an annualized return of 11.44%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

^SPXEWTR

• 1D: 0.32%
• 1M: -5.49%
• YTD: 0.99%
• 6M: 2.19%
• 1Y: 13.09%
• 3Y*: 12.05%
• 5Y*: 8.08%
• 10Y*: 11.44%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^SPXEWTR vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^SPXEWTR

^SPXEWTR Risk / Return Rank: 45
^SPXEWTR Sharpe Ratio Rank: 45
^SPXEWTR Sortino Ratio Rank: 45
^SPXEWTR Omega Ratio Rank: 47
^SPXEWTR Calmar Ratio Rank: 37
^SPXEWTR Martin Ratio Rank: 50

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^SPXEWTR vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 500 Equal Weighted TR Index (^SPXEWTR) and S&P 500 Index (^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.

	^SPXEWTR	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.77	0.92	-0.15
Sortino ratio Return per unit of downside risk	1.19	1.41	-0.23
Omega ratio Gain probability vs. loss probability	1.17	1.21	-0.05
Calmar ratio Return relative to maximum drawdown	1.05	1.41	-0.36
Martin ratio Return relative to average drawdown	4.70	6.61	-1.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SPXEWTR vs. ^GSPC - Sharpe Ratio Comparison

The current ^SPXEWTR Sharpe Ratio is 0.77, which is comparable to the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of ^SPXEWTR and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^SPXEWTR	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	0.92	-0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.61	-0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.68	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.46	+0.14

Correlation

The correlation between ^SPXEWTR and ^GSPC is 0.94, 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.

Drawdowns

^SPXEWTR vs. ^GSPC - Drawdown Comparison

The maximum ^SPXEWTR drawdown since its inception was -59.47%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^SPXEWTR and ^GSPC.

Drawdown Indicators

	^SPXEWTR	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-59.47%	-56.78%	-2.69%
Max Drawdown (1Y) Largest decline over 1 year	-12.59%	-12.14%	-0.45%
Max Drawdown (5Y) Largest decline over 5 years	-21.38%	-25.43%	+4.05%
Max Drawdown (10Y) Largest decline over 10 years	-38.99%	-33.92%	-5.07%
Current Drawdown Current decline from peak	-5.67%	-5.78%	+0.11%
Average Drawdown Average peak-to-trough decline	-6.31%	-10.75%	+4.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	2.60%	+0.21%

Volatility

^SPXEWTR vs. ^GSPC - Volatility Comparison

The current volatility for S&P 500 Equal Weighted TR Index (^SPXEWTR) is 4.40%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that ^SPXEWTR 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.

Volatility by Period

	^SPXEWTR	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	5.37%	-0.97%
Volatility (6M) Calculated over the trailing 6-month period	8.87%	9.55%	-0.68%
Volatility (1Y) Calculated over the trailing 1-year period	17.18%	18.33%	-1.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.27%	16.90%	-0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.54%	18.05%	+0.49%