ALK vs. ^GSPC
Compare and contrast key facts about Alaska Air Group, Inc. (ALK) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALK or ^GSPC.
Performance
ALK vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, ALK achieves a 36.01% return, which is significantly higher than ^GSPC's 24.05% return. Over the past 10 years, ALK has underperformed ^GSPC with an annualized return of 0.65%, while ^GSPC has yielded a comparatively higher 11.13% annualized return.
ALK
36.01%
15.42%
21.88%
44.95%
-4.93%
0.65%
^GSPC
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Key characteristics
| ALK | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 1.18 | 2.46 |
| Sortino Ratio | 1.67 | 3.31 |
| Omega Ratio | 1.23 | 1.46 |
| Calmar Ratio | 0.65 | 3.55 |
| Martin Ratio | 3.95 | 15.76 |
| Ulcer Index | 10.73% | 1.91% |
| Daily Std Dev | 36.07% | 12.23% |
| Max Drawdown | -75.76% | -56.78% |
| Current Drawdown | -43.75% | -1.40% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between ALK and ^GSPC is 0.52, 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.
Risk-Adjusted Performance
ALK vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alaska Air Group, Inc. (ALK) 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
ALK vs. ^GSPC - Drawdown Comparison
The maximum ALK drawdown since its inception was -75.76%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ALK and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ALK vs. ^GSPC - Volatility Comparison
Alaska Air Group, Inc. (ALK) has a higher volatility of 9.88% compared to S&P 500 (^GSPC) at 4.07%. This indicates that ALK'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.