2B76.DE vs. ^GSPC
Compare and contrast key facts about iShares Automation & Robotics UCITS ETF (2B76.DE) and S&P 500 (^GSPC).
2B76.DE is a passively managed fund by iShares that tracks the performance of the iSTOXX® FactSet Automation & Robotics. It was launched on Sep 8, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 2B76.DE or ^GSPC.
Correlation
The correlation between 2B76.DE and ^GSPC is 0.56, 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.
Performance
2B76.DE vs. ^GSPC - Performance Comparison
Key characteristics
2B76.DE:
0.03
^GSPC:
0.48
2B76.DE:
0.21
^GSPC:
0.80
2B76.DE:
1.03
^GSPC:
1.12
2B76.DE:
0.03
^GSPC:
0.49
2B76.DE:
0.10
^GSPC:
1.90
2B76.DE:
8.80%
^GSPC:
4.90%
2B76.DE:
24.15%
^GSPC:
19.37%
2B76.DE:
-35.52%
^GSPC:
-56.78%
2B76.DE:
-15.11%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, 2B76.DE achieves a -8.71% return, which is significantly lower than ^GSPC's -3.70% return.
2B76.DE
-8.71%
13.52%
-6.68%
0.73%
10.98%
N/A
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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Risk-Adjusted Performance
2B76.DE vs. ^GSPC — Risk-Adjusted Performance Rank
2B76.DE
^GSPC
2B76.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Automation & Robotics UCITS ETF (2B76.DE) and S&P 500 (^GSPC). 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
2B76.DE vs. ^GSPC - Drawdown Comparison
The maximum 2B76.DE drawdown since its inception was -35.52%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for 2B76.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
2B76.DE vs. ^GSPC - Volatility Comparison
iShares Automation & Robotics UCITS ETF (2B76.DE) and S&P 500 (^GSPC) have volatilities of 11.70% and 11.21%, 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.