^W1DOW vs. ^GSPC

Last updated Apr 3, 2026

Compare and contrast key facts about Dow Jones Global Index (^W1DOW) and S&P 500 Index (^GSPC).

Performance

^W1DOW vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dow Jones Global Index (^W1DOW) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

^W1DOW vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^W1DOW Dow Jones Global Index	-1.65%	20.33%	14.87%	19.32%	-19.86%	16.24%	14.08%	23.71%	-11.68%	21.83%
^GSPC S&P 500 Index	-3.84%	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, ^W1DOW achieves a -1.65% return, which is significantly higher than ^GSPC's -3.84% return. Over the past 10 years, ^W1DOW has underperformed ^GSPC with an annualized return of 9.37%, while ^GSPC has yielded a comparatively higher 12.29% annualized return.

^W1DOW

• 1D: -0.27%
• 1M: -3.51%
• YTD: -1.65%
• 6M: 0.61%
• 1Y: 19.19%
• 3Y*: 14.95%
• 5Y*: 7.41%
• 10Y*: 9.37%

^GSPC

• 1D: 0.11%
• 1M: -3.43%
• YTD: -3.84%
• 6M: -1.98%
• 1Y: 16.08%
• 3Y*: 16.86%
• 5Y*: 10.37%
• 10Y*: 12.29%

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

Return for Risk

^W1DOW vs. ^GSPC — Risk / Return Rank

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

^W1DOW

^W1DOW Risk / Return Rank: 86
^W1DOW Sharpe Ratio Rank: 85
^W1DOW Sortino Ratio Rank: 84
^W1DOW Omega Ratio Rank: 87
^W1DOW Calmar Ratio Rank: 87
^W1DOW Martin Ratio Rank: 89

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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.

^W1DOW vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dow Jones Global Index (^W1DOW) 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.

	^W1DOW	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.36	0.88	+0.48
Sortino ratio Return per unit of downside risk	1.88	1.37	+0.52
Omega ratio Gain probability vs. loss probability	1.29	1.21	+0.08
Calmar ratio Return relative to maximum drawdown	2.69	1.39	+1.30
Martin ratio Return relative to average drawdown	12.48	6.43	+6.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^W1DOW vs. ^GSPC - Sharpe Ratio Comparison

The current ^W1DOW Sharpe Ratio is 1.36, which is higher than the ^GSPC Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of ^W1DOW 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

	^W1DOW	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	0.88	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.62	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.68	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.46	-0.13

Correlation

The correlation between ^W1DOW and ^GSPC is 0.83, 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

^W1DOW vs. ^GSPC - Drawdown Comparison

The maximum ^W1DOW drawdown since its inception was -59.33%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^W1DOW and ^GSPC.

Drawdown Indicators

	^W1DOW	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-59.33%	-56.78%	-2.55%
Max Drawdown (1Y) Largest decline over 1 year	-9.48%	-9.10%	-0.38%
Max Drawdown (5Y) Largest decline over 5 years	-27.87%	-25.43%	-2.44%
Max Drawdown (10Y) Largest decline over 10 years	-34.28%	-33.92%	-0.36%
Current Drawdown Current decline from peak	-6.38%	-5.67%	-0.71%
Average Drawdown Average peak-to-trough decline	-13.79%	-10.75%	-3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	2.62%	-0.58%

Volatility

^W1DOW vs. ^GSPC - Volatility Comparison

The current volatility for Dow Jones Global Index (^W1DOW) is 4.68%, while S&P 500 Index (^GSPC) has a volatility of 5.29%. This indicates that ^W1DOW 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

	^W1DOW	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.68%	5.29%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	7.83%	9.55%	-1.72%
Volatility (1Y) Calculated over the trailing 1-year period	13.43%	18.33%	-4.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.27%	16.90%	-3.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.56%	18.04%	-4.48%