AMPS vs. ^GSPC
Compare and contrast key facts about Altus Power, Inc. (AMPS) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMPS or ^GSPC.
Correlation
The correlation between AMPS and ^GSPC is 0.33, 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
AMPS vs. ^GSPC - Performance Comparison
Key characteristics
AMPS:
0.34
^GSPC:
0.48
AMPS:
1.01
^GSPC:
0.80
AMPS:
1.13
^GSPC:
1.12
AMPS:
0.23
^GSPC:
0.49
AMPS:
1.06
^GSPC:
1.90
AMPS:
17.48%
^GSPC:
4.90%
AMPS:
77.51%
^GSPC:
19.37%
AMPS:
-80.67%
^GSPC:
-56.78%
AMPS:
-64.93%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, AMPS achieves a 22.60% return, which is significantly higher than ^GSPC's -3.70% return.
AMPS
22.60%
0.60%
46.76%
11.38%
N/A
N/A
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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Risk-Adjusted Performance
AMPS vs. ^GSPC — Risk-Adjusted Performance Rank
AMPS
^GSPC
AMPS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Altus Power, Inc. (AMPS) 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
AMPS vs. ^GSPC - Drawdown Comparison
The maximum AMPS drawdown since its inception was -80.67%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for AMPS and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
AMPS vs. ^GSPC - Volatility Comparison
The current volatility for Altus Power, Inc. (AMPS) is 0.53%, while S&P 500 (^GSPC) has a volatility of 11.21%. This indicates that AMPS experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.