ALIZY vs. ^GSPC
Compare and contrast key facts about Allianz SE ADR (ALIZY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALIZY or ^GSPC.
Correlation
The correlation between ALIZY and ^GSPC is 0.61, 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
ALIZY vs. ^GSPC - Performance Comparison
Key characteristics
ALIZY:
0.98
^GSPC:
2.10
ALIZY:
1.37
^GSPC:
2.80
ALIZY:
1.17
^GSPC:
1.39
ALIZY:
1.51
^GSPC:
3.09
ALIZY:
3.53
^GSPC:
13.49
ALIZY:
4.74%
^GSPC:
1.94%
ALIZY:
17.14%
^GSPC:
12.52%
ALIZY:
-86.70%
^GSPC:
-56.78%
ALIZY:
-7.38%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, ALIZY achieves a 14.80% return, which is significantly lower than ^GSPC's 24.34% return. Both investments have delivered pretty close results over the past 10 years, with ALIZY having a 10.81% annualized return and ^GSPC not far ahead at 11.06%.
ALIZY
14.80%
1.93%
10.41%
15.27%
9.29%
10.81%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ALIZY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allianz SE ADR (ALIZY) 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
ALIZY vs. ^GSPC - Drawdown Comparison
The maximum ALIZY drawdown since its inception was -86.70%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ALIZY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ALIZY vs. ^GSPC - Volatility Comparison
Allianz SE ADR (ALIZY) has a higher volatility of 5.38% compared to S&P 500 (^GSPC) at 3.79%. This indicates that ALIZY'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.