^XSP vs. TGT

Last updated Apr 2, 2026

Compare and contrast key facts about S&P 500 Mini-SPX Options Index (^XSP) and Target Corporation (TGT).

Performance

^XSP vs. TGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P 500 Mini-SPX Options Index (^XSP) and Target Corporation (TGT). The values are adjusted to include any dividend payments, if applicable.

^XSP vs. TGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
^XSP S&P 500 Mini-SPX Options Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	22.15%
TGT Target Corporation	24.48%	-24.50%	-2.27%	-1.35%	-34.24%	25.63%

Returns By Period

In the year-to-date period, ^XSP achieves a -3.95% return, which is significantly lower than TGT's 24.48% return.

^XSP

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: —

TGT

• 1D: -0.62%
• 1M: 6.43%
• YTD: 24.48%
• 6M: 38.22%
• 1Y: 20.63%
• 3Y*: -6.77%
• 5Y*: -7.05%
• 10Y*: 6.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^XSP vs. TGT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^XSP

^XSP Risk / Return Rank: 66
^XSP Sharpe Ratio Rank: 63
^XSP Sortino Ratio Rank: 63
^XSP Omega Ratio Rank: 67
^XSP Calmar Ratio Rank: 59
^XSP Martin Ratio Rank: 77

TGT

TGT Risk / Return Rank: 59
TGT Sharpe Ratio Rank: 61
TGT Sortino Ratio Rank: 55
TGT Omega Ratio Rank: 54
TGT Calmar Ratio Rank: 63
TGT Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^XSP vs. TGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 500 Mini-SPX Options Index (^XSP) and Target Corporation (TGT). 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.

	^XSP	TGT	Difference
Sharpe ratio Return per unit of total volatility	0.92	0.60	+0.32
Sortino ratio Return per unit of downside risk	1.41	1.04	+0.38
Omega ratio Gain probability vs. loss probability	1.21	1.13	+0.08
Calmar ratio Return relative to maximum drawdown	1.41	1.02	+0.39
Martin ratio Return relative to average drawdown	6.61	2.17	+4.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^XSP vs. TGT - Sharpe Ratio Comparison

The current ^XSP Sharpe Ratio is 0.92, which is higher than the TGT Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of ^XSP and TGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^XSP	TGT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	0.60	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	-0.20	+0.82
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.64	0.34	+0.30

Correlation

The correlation between ^XSP and TGT is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Drawdowns

^XSP vs. TGT - Drawdown Comparison

The maximum ^XSP drawdown since its inception was -25.43%, smaller than the maximum TGT drawdown of -64.40%. Use the drawdown chart below to compare losses from any high point for ^XSP and TGT.

Drawdown Indicators

	^XSP	TGT	Difference
Max Drawdown Largest peak-to-trough decline	-25.43%	-64.40%	+38.97%
Max Drawdown (1Y) Largest decline over 1 year	-12.14%	-20.27%	+8.13%
Max Drawdown (5Y) Largest decline over 5 years	-25.43%	-64.40%	+38.97%
Max Drawdown (10Y) Largest decline over 10 years	—	-64.40%	—
Current Drawdown Current decline from peak	-5.78%	-48.23%	+42.45%
Average Drawdown Average peak-to-trough decline	-6.03%	-16.97%	+10.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	9.55%	-6.95%

Volatility

^XSP vs. TGT - Volatility Comparison

S&P 500 Mini-SPX Options Index (^XSP) and Target Corporation (TGT) have volatilities of 5.37% and 5.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^XSP	TGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.37%	5.64%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	9.55%	21.02%	-11.47%
Volatility (1Y) Calculated over the trailing 1-year period	18.33%	34.55%	-16.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.92%	35.19%	-18.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.89%	33.19%	-16.30%