^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 0.26, 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
Returns By Period
^XMI
N/A
N/A
N/A
N/A
N/A
N/A
GLUE
22.65%
-17.11%
90.91%
29.53%
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
Volatility
^XMI vs. GLUE - Volatility Comparison
The current volatility for NYSE Arca Major Market Index (^XMI) is 0.78%, while Monte Rosa Therapeutics, Inc. (GLUE) has a volatility of 29.01%. 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.