ATO vs. ^GSPC
Compare and contrast key facts about Atmos Energy Corporation (ATO) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATO or ^GSPC.
Key characteristics
ATO | ^GSPC | |
---|---|---|
YTD Return | 3.09% | 11.18% |
1Y Return | 4.97% | 26.33% |
3Y Return (Ann) | 8.97% | 8.72% |
5Y Return (Ann) | 5.49% | 13.16% |
10Y Return (Ann) | 11.66% | 10.99% |
Sharpe Ratio | 0.27 | 2.38 |
Daily Std Dev | 16.24% | 11.54% |
Max Drawdown | -51.94% | -56.78% |
Current Drawdown | -2.65% | -0.09% |
Correlation
The correlation between ATO and ^GSPC is 0.32, 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
ATO vs. ^GSPC - Performance Comparison
In the year-to-date period, ATO achieves a 3.09% return, which is significantly lower than ^GSPC's 11.18% return. Over the past 10 years, ATO has outperformed ^GSPC with an annualized return of 11.66%, while ^GSPC has yielded a comparatively lower 10.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
ATO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atmos Energy Corporation (ATO) 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
ATO vs. ^GSPC - Drawdown Comparison
The maximum ATO drawdown since its inception was -51.94%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ATO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ATO vs. ^GSPC - Volatility Comparison
Atmos Energy Corporation (ATO) has a higher volatility of 4.32% compared to S&P 500 (^GSPC) at 3.36%. This indicates that ATO'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.