^XSP vs. BZ=F
Compare and contrast key facts about S&P 500 Mini-SPX Options Index (^XSP) and Crude Oil Brent (BZ=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XSP or BZ=F.
Correlation
The correlation between ^XSP and BZ=F is 0.10, 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
^XSP vs. BZ=F - Performance Comparison
Key characteristics
^XSP:
0.89
BZ=F:
-0.85
^XSP:
1.26
BZ=F:
-1.09
^XSP:
1.17
BZ=F:
0.87
^XSP:
1.40
BZ=F:
-0.40
^XSP:
5.26
BZ=F:
-1.47
^XSP:
2.25%
BZ=F:
14.27%
^XSP:
13.22%
BZ=F:
23.90%
^XSP:
-25.43%
BZ=F:
-86.77%
^XSP:
-6.60%
BZ=F:
-52.42%
Returns By Period
In the year-to-date period, ^XSP achieves a -2.43% return, which is significantly higher than BZ=F's -6.87% return.
^XSP
-2.43%
-4.96%
4.27%
12.41%
N/A
N/A
BZ=F
-6.87%
-8.78%
-4.37%
-16.21%
8.44%
1.67%
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Risk-Adjusted Performance
^XSP vs. BZ=F — Risk-Adjusted Performance Rank
^XSP
BZ=F
^XSP vs. BZ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Mini-SPX Options Index (^XSP) and Crude Oil Brent (BZ=F). 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
^XSP vs. BZ=F - Drawdown Comparison
The maximum ^XSP drawdown since its inception was -25.43%, smaller than the maximum BZ=F drawdown of -86.77%. Use the drawdown chart below to compare losses from any high point for ^XSP and BZ=F. For additional features, visit the drawdowns tool.
Volatility
^XSP vs. BZ=F - Volatility Comparison
The current volatility for S&P 500 Mini-SPX Options Index (^XSP) is 5.01%, while Crude Oil Brent (BZ=F) has a volatility of 6.07%. This indicates that ^XSP experiences smaller price fluctuations and is considered to be less risky than BZ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.