^SPXGTR vs. ^SPXVTR

Last updated Jun 5, 2026

^SPXGTR (S&P 500 Growth Total Return Index) and ^SPXVTR (S&P 500 Value Total Return Index) are both indexes. Over the past year, ^SPXGTR returned 33.69% vs 22.80% for ^SPXVTR. A 0.56 correlation means they provide meaningful diversification when combined.

Performance

^SPXGTR vs. ^SPXVTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P 500 Growth Total Return Index (^SPXGTR) and S&P 500 Value Total Return Index (^SPXVTR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ^SPXGTR achieves a 13.75% return, which is significantly higher than ^SPXVTR's 8.53% return.

^SPXGTR

• 1D: -0.99%
• 1M: 6.53%
• YTD: 13.75%
• 6M: 13.10%
• 1Y: 33.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

^SPXVTR

• 1D: 0.98%
• 1M: 2.38%
• YTD: 8.53%
• 6M: 9.10%
• 1Y: 22.80%
• 3Y*: 16.24%
• 5Y*: 10.93%
• 10Y*: —

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

^SPXGTR vs. ^SPXVTR - Yearly Performance Comparison

	2026 (YTD)	2025
^SPXGTR S&P 500 Growth Total Return Index	13.75%	36.83%
^SPXVTR S&P 500 Value Total Return Index	8.53%	20.48%

Correlation

The correlation between ^SPXGTR and ^SPXVTR is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (All Time) Calculated using the full available price history since Apr 14, 2025	0.56

The correlation between ^SPXGTR and ^SPXVTR has been stable across timeframes, ranging from 0.53 to 0.56 - a consistent structural relationship.

Return for Risk

^SPXGTR vs. ^SPXVTR — Risk / Return Rank

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

^SPXGTR

^SPXGTR Risk / Return Rank: 69
^SPXGTR Sharpe Ratio Rank: 71
^SPXGTR Sortino Ratio Rank: 71
^SPXGTR Omega Ratio Rank: 71
^SPXGTR Calmar Ratio Rank: 60
^SPXGTR Martin Ratio Rank: 70

^SPXVTR

^SPXVTR Risk / Return Rank: 84
^SPXVTR Sharpe Ratio Rank: 80
^SPXVTR Sortino Ratio Rank: 83
^SPXVTR Omega Ratio Rank: 81
^SPXVTR Calmar Ratio Rank: 88
^SPXVTR Martin Ratio Rank: 88

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.

^SPXGTR vs. ^SPXVTR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 500 Growth Total Return Index (^SPXGTR) and S&P 500 Value Total Return Index (^SPXVTR). 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.

	^SPXGTR	^SPXVTR	Difference
Sharpe ratio: Return per unit of total volatility	2.15	2.33	-0.19
Sortino ratio: Return per unit of downside risk	2.90	3.26	-0.36
Omega ratio: Gain probability vs. loss probability	1.37	1.42	-0.05
Calmar ratio: Return relative to maximum drawdown	2.51	3.69	-1.18
Martin ratio: Return relative to average drawdown	10.60	14.29	-3.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SPXGTR vs. ^SPXVTR - Sharpe Ratio Comparison

The current ^SPXGTR Sharpe Ratio is 2.15, which is comparable to the ^SPXVTR Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of ^SPXGTR and ^SPXVTR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	^SPXGTR	^SPXVTR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	2.33	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.83	1.07	+1.76

Drawdowns

^SPXGTR vs. ^SPXVTR - Drawdown Comparison

The maximum ^SPXGTR drawdown since its inception was -13.67%, smaller than the maximum ^SPXVTR drawdown of -17.97%. Use the drawdown chart below to compare losses from any high point for ^SPXGTR and ^SPXVTR.

Drawdown Indicators

	^SPXGTR	^SPXVTR	Difference
Max Drawdown Largest peak-to-trough decline	-13.67%	-17.97%	+4.30%
Max Drawdown (1Y) Largest decline over 1 year	-13.67%	-6.24%	-7.43%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.51%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.97%	—
Current Drawdown Current decline from peak	-1.15%	0.00%	-1.15%
Average Drawdown Average peak-to-trough decline	-1.88%	-3.31%	+1.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	1.60%	+1.63%

Volatility

^SPXGTR vs. ^SPXVTR - Volatility Comparison

S&P 500 Growth Total Return Index (^SPXGTR) has a higher volatility of 4.38% compared to S&P 500 Value Total Return Index (^SPXVTR) at 2.17%. This indicates that ^SPXGTR's price experiences larger fluctuations and is considered to be riskier than ^SPXVTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^SPXGTR	^SPXVTR	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	2.17%	+2.21%
Volatility (6M) Calculated over the trailing 6-month period	12.51%	7.13%	+5.38%
Volatility (1Y) Calculated over the trailing 1-year period	16.01%	9.86%	+6.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.97%	14.45%	+2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.97%	15.06%	+1.91%

Frequently Asked Questions

Can I hold both ^SPXGTR and ^SPXVTR in my portfolio?

^SPXGTR and ^SPXVTR have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ^SPXGTR or ^SPXVTR?

^SPXGTR has higher volatility (4.38%) compared to ^SPXVTR (2.17%). In terms of maximum drawdown, ^SPXGTR dropped -13.67% vs ^SPXVTR's -17.97%.

Which has better risk-adjusted returns?

^SPXVTR currently has the higher Sharpe Ratio (2.33 vs 2.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.