^XMI vs. GLUE
Compare and contrast key facts about NYSE Arca Major Market Index (^XMI) and Monte Rosa Therapeutics, Inc. (GLUE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XMI or GLUE.
Correlation
The correlation between ^XMI and GLUE 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
^XMI vs. GLUE - Performance Comparison
Key characteristics
^XMI:
2.31
GLUE:
1.55
^XMI:
3.23
GLUE:
3.06
^XMI:
1.43
GLUE:
1.35
^XMI:
4.62
GLUE:
2.35
^XMI:
15.85
GLUE:
6.30
^XMI:
1.46%
GLUE:
34.26%
^XMI:
10.02%
GLUE:
139.56%
^XMI:
-47.65%
GLUE:
-94.08%
^XMI:
-0.18%
GLUE:
-77.71%
Returns By Period
In the year-to-date period, ^XMI achieves a 16.43% return, which is significantly lower than GLUE's 66.55% return.
^XMI
16.43%
0.40%
8.32%
20.63%
7.58%
7.89%
GLUE
66.55%
1.62%
136.43%
117.32%
N/A
N/A
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Risk-Adjusted Performance
^XMI vs. GLUE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Arca Major Market Index (^XMI) and Monte Rosa Therapeutics, Inc. (GLUE). 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
^XMI vs. GLUE - Drawdown Comparison
The maximum ^XMI drawdown since its inception was -47.65%, smaller than the maximum GLUE drawdown of -94.08%. Use the drawdown chart below to compare losses from any high point for ^XMI and GLUE. For additional features, visit the drawdowns tool.
Volatility
^XMI vs. GLUE - Volatility Comparison
The current volatility for NYSE Arca Major Market Index (^XMI) is 1.34%, while Monte Rosa Therapeutics, Inc. (GLUE) has a volatility of 27.04%. This indicates that ^XMI experiences smaller price fluctuations and is considered to be less risky than GLUE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.