APFDX vs. ^GSPC
Compare and contrast key facts about Artisan Global Discovery Fund (APFDX) and S&P 500 (^GSPC).
APFDX is managed by Artisan Partners Funds. It was launched on Aug 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APFDX or ^GSPC.
Correlation
The correlation between APFDX and ^GSPC is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
APFDX vs. ^GSPC - Performance Comparison
Key characteristics
APFDX:
0.71
^GSPC:
1.05
APFDX:
1.07
^GSPC:
1.46
APFDX:
1.13
^GSPC:
1.19
APFDX:
0.41
^GSPC:
1.62
APFDX:
3.75
^GSPC:
6.21
APFDX:
2.97%
^GSPC:
2.21%
APFDX:
15.72%
^GSPC:
13.14%
APFDX:
-45.09%
^GSPC:
-56.78%
APFDX:
-14.96%
^GSPC:
-4.91%
Returns By Period
In the year-to-date period, APFDX achieves a 1.86% return, which is significantly higher than ^GSPC's -0.66% return.
APFDX
1.86%
-4.51%
9.65%
11.36%
8.62%
N/A
^GSPC
-0.66%
-2.53%
5.84%
15.04%
14.53%
10.95%
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
APFDX vs. ^GSPC — Risk-Adjusted Performance Rank
APFDX
^GSPC
APFDX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Artisan Global Discovery Fund (APFDX) 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
APFDX vs. ^GSPC - Drawdown Comparison
The maximum APFDX drawdown since its inception was -45.09%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for APFDX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
APFDX vs. ^GSPC - Volatility Comparison
Artisan Global Discovery Fund (APFDX) and S&P 500 (^GSPC) have volatilities of 4.35% and 4.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.