ALFVY vs. ^GSPC

Last updated Jun 4, 2026

ALFVY (Alfa Laval AB ADR) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, ALFVY returned 16.83%/yr vs 13.66%/yr for ^GSPC. At a 0.40 correlation, their price movements are largely independent.

Performance

ALFVY vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alfa Laval AB ADR (ALFVY) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ALFVY achieves a 15.80% return, which is significantly higher than ^GSPC's 10.35% return. Over the past 10 years, ALFVY has outperformed ^GSPC with an annualized return of 16.83%, while ^GSPC has yielded a comparatively lower 13.66% annualized return.

ALFVY

• 1D: 2.03%
• 1M: -1.79%
• YTD: 15.80%
• 6M: 21.18%
• 1Y: 37.65%
• 3Y*: 17.95%
• 5Y*: 11.17%
• 10Y*: 16.83%

^GSPC

• 1D: -0.74%
• 1M: 4.90%
• YTD: 10.35%
• 6M: 10.28%
• 1Y: 26.52%
• 3Y*: 20.83%
• 5Y*: 12.30%
• 10Y*: 13.66%

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

ALFVY vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALFVY Alfa Laval AB ADR	15.80%	23.41%	5.63%	40.78%	-26.75%	51.41%	11.61%	19.63%	-7.01%	49.84%
^GSPC S&P 500 Index	10.35%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Correlation

The correlation between ALFVY and ^GSPC is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Sep 15, 2009	0.40

The correlation between ALFVY and ^GSPC shifts across timeframes, from 0.40 (all time) to 0.53 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

ALFVY vs. ^GSPC — Risk / Return Rank

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

ALFVY

ALFVY Risk / Return Rank: 82
ALFVY Sharpe Ratio Rank: 83
ALFVY Sortino Ratio Rank: 80
ALFVY Omega Ratio Rank: 77
ALFVY Calmar Ratio Rank: 85
ALFVY Martin Ratio Rank: 86

^GSPC

^GSPC Risk / Return Rank: 73
^GSPC Sharpe Ratio Rank: 71
^GSPC Sortino Ratio Rank: 71
^GSPC Omega Ratio Rank: 72
^GSPC Calmar Ratio Rank: 67
^GSPC Martin Ratio Rank: 81

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.

ALFVY vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alfa Laval AB ADR (ALFVY) and S&P 500 Index (^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.

	ALFVY	^GSPC	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.24	-0.65
Sortino ratio: Return per unit of downside risk	2.30	3.07	-0.77
Omega ratio: Gain probability vs. loss probability	1.28	1.41	-0.13
Calmar ratio: Return relative to maximum drawdown	3.40	2.93	+0.47
Martin ratio: Return relative to average drawdown	9.49	13.52	-4.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALFVY vs. ^GSPC - Sharpe Ratio Comparison

The current ALFVY Sharpe Ratio is 1.60, which is comparable to the ^GSPC Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of ALFVY and ^GSPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ALFVY	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	2.24	-0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.73	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.76	-0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.47	-0.08

Drawdowns

ALFVY vs. ^GSPC - Drawdown Comparison

The maximum ALFVY drawdown since its inception was -47.50%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ALFVY and ^GSPC.

Drawdown Indicators

	ALFVY	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-47.50%	-56.78%	+9.28%
Max Drawdown (1Y) Largest decline over 1 year	-11.14%	-9.10%	-2.04%
Max Drawdown (3Y) Largest decline over 3 years	-23.03%	-18.90%	-4.13%
Max Drawdown (5Y) Largest decline over 5 years	-47.15%	-25.43%	-21.72%
Max Drawdown (10Y) Largest decline over 10 years	-47.50%	-33.92%	-13.58%
Current Drawdown Current decline from peak	-6.85%	-0.74%	-6.11%
Average Drawdown Average peak-to-trough decline	-16.07%	-10.72%	-5.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.98%	1.97%	+2.01%

Volatility

ALFVY vs. ^GSPC - Volatility Comparison

Alfa Laval AB ADR (ALFVY) has a higher volatility of 8.75% compared to S&P 500 Index (^GSPC) at 2.93%. This indicates that ALFVY'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.

Volatility by Period

	ALFVY	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.75%	2.93%	+5.82%
Volatility (6M) Calculated over the trailing 6-month period	18.74%	8.99%	+9.75%
Volatility (1Y) Calculated over the trailing 1-year period	23.69%	11.89%	+11.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.18%	16.90%	+13.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.46%	18.06%	+13.40%

Frequently Asked Questions

Can I hold both ALFVY and ^GSPC in my portfolio?

ALFVY and ^GSPC have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ALFVY or ^GSPC?

ALFVY has higher volatility (8.75%) compared to ^GSPC (2.93%). In terms of maximum drawdown, ALFVY dropped -47.50% vs ^GSPC's -56.78%.

Which has better risk-adjusted returns?

^GSPC currently has the higher Sharpe Ratio (2.24 vs 1.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.