^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 0.11, 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:
2.10
BZ=F:
-0.44
^XSP:
2.80
BZ=F:
-0.46
^XSP:
1.39
BZ=F:
0.94
^XSP:
3.09
BZ=F:
-0.20
^XSP:
13.49
BZ=F:
-0.80
^XSP:
1.94%
BZ=F:
13.37%
^XSP:
12.52%
BZ=F:
24.38%
^XSP:
-25.43%
BZ=F:
-86.77%
^XSP:
-2.62%
BZ=F:
-50.07%
Returns By Period
In the year-to-date period, ^XSP achieves a 24.34% return, which is significantly higher than BZ=F's -5.32% return.
^XSP
24.34%
0.23%
8.53%
24.95%
N/A
N/A
BZ=F
-5.32%
0.62%
-14.43%
-7.86%
1.87%
1.63%
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Risk-Adjusted Performance
^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 3.73%, while Crude Oil Brent (BZ=F) has a volatility of 5.50%. 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.