2FE.DE vs. ^GSPC
Compare and contrast key facts about Ferrari NV (2FE.DE) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 2FE.DE or ^GSPC.
Correlation
The correlation between 2FE.DE and ^GSPC is 0.39, 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
2FE.DE vs. ^GSPC - Performance Comparison
Key characteristics
2FE.DE:
1.54
^GSPC:
2.10
2FE.DE:
2.22
^GSPC:
2.80
2FE.DE:
1.29
^GSPC:
1.39
2FE.DE:
3.25
^GSPC:
3.09
2FE.DE:
7.80
^GSPC:
13.49
2FE.DE:
4.64%
^GSPC:
1.94%
2FE.DE:
23.43%
^GSPC:
12.52%
2FE.DE:
-45.91%
^GSPC:
-56.78%
2FE.DE:
-8.91%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, 2FE.DE achieves a 34.96% return, which is significantly higher than ^GSPC's 24.34% return.
2FE.DE
34.96%
1.93%
6.65%
35.04%
22.74%
N/A
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
2FE.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ferrari NV (2FE.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
2FE.DE vs. ^GSPC - Drawdown Comparison
The maximum 2FE.DE drawdown since its inception was -45.91%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for 2FE.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
2FE.DE vs. ^GSPC - Volatility Comparison
Ferrari NV (2FE.DE) has a higher volatility of 5.50% compared to S&P 500 (^GSPC) at 3.75%. This indicates that 2FE.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.