^XBD vs. ^GSPC
Compare and contrast key facts about NYSE Arca Securities Broker/Dealer Index (^XBD) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XBD or ^GSPC.
Correlation
The correlation between ^XBD and ^GSPC is 0.77, 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.
Performance
^XBD vs. ^GSPC - Performance Comparison
Key characteristics
^XBD:
2.61
^GSPC:
2.10
^XBD:
3.56
^GSPC:
2.80
^XBD:
1.49
^GSPC:
1.39
^XBD:
4.83
^GSPC:
3.09
^XBD:
20.04
^GSPC:
13.49
^XBD:
2.37%
^GSPC:
1.94%
^XBD:
18.21%
^GSPC:
12.52%
^XBD:
-80.20%
^GSPC:
-56.78%
^XBD:
-6.44%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, ^XBD achieves a 43.53% return, which is significantly higher than ^GSPC's 24.34% return. Over the past 10 years, ^XBD has outperformed ^GSPC with an annualized return of 15.70%, while ^GSPC has yielded a comparatively lower 11.06% annualized return.
^XBD
43.53%
-4.98%
28.58%
45.48%
22.29%
15.70%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
^XBD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Arca Securities Broker/Dealer Index (^XBD) and S&P 500 (^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.
Drawdowns
^XBD vs. ^GSPC - Drawdown Comparison
The maximum ^XBD drawdown since its inception was -80.20%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^XBD and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^XBD vs. ^GSPC - Volatility Comparison
NYSE Arca Securities Broker/Dealer Index (^XBD) has a higher volatility of 5.47% compared to S&P 500 (^GSPC) at 3.79%. This indicates that ^XBD's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.