ARX.TO vs. ^GSPC
Compare and contrast key facts about ARC Resources Ltd. (ARX.TO) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARX.TO or ^GSPC.
Key characteristics
ARX.TO | ^GSPC | |
---|---|---|
YTD Return | 20.60% | 18.13% |
1Y Return | 12.32% | 26.52% |
3Y Return (Ann) | 37.02% | 8.36% |
5Y Return (Ann) | 33.10% | 13.43% |
10Y Return (Ann) | 1.66% | 10.88% |
Sharpe Ratio | 0.41 | 2.10 |
Daily Std Dev | 27.34% | 12.68% |
Max Drawdown | -100.00% | -56.78% |
Current Drawdown | -99.99% | -0.58% |
Correlation
The correlation between ARX.TO and ^GSPC is 0.31, 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
ARX.TO vs. ^GSPC - Performance Comparison
In the year-to-date period, ARX.TO achieves a 20.60% return, which is significantly higher than ^GSPC's 18.13% return. Over the past 10 years, ARX.TO has underperformed ^GSPC with an annualized return of 1.66%, while ^GSPC has yielded a comparatively higher 10.88% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ARX.TO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARC Resources Ltd. (ARX.TO) 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
ARX.TO vs. ^GSPC - Drawdown Comparison
The maximum ARX.TO drawdown since its inception was -100.00%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ARX.TO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ARX.TO vs. ^GSPC - Volatility Comparison
ARC Resources Ltd. (ARX.TO) has a higher volatility of 8.03% compared to S&P 500 (^GSPC) at 4.08%. This indicates that ARX.TO'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.