AVGO vs. ^GSPC
Compare and contrast key facts about Broadcom Inc. (AVGO) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVGO or ^GSPC.
Performance
AVGO vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, AVGO achieves a 48.71% return, which is significantly higher than ^GSPC's 25.15% return. Over the past 10 years, AVGO has outperformed ^GSPC with an annualized return of 36.74%, while ^GSPC has yielded a comparatively lower 11.18% annualized return.
AVGO
48.71%
-4.16%
17.41%
70.36%
43.04%
36.74%
^GSPC
25.15%
2.74%
12.53%
30.93%
13.79%
11.18%
Key characteristics
| AVGO | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 1.56 | 2.53 |
| Sortino Ratio | 2.22 | 3.39 |
| Omega Ratio | 1.28 | 1.47 |
| Calmar Ratio | 2.83 | 3.65 |
| Martin Ratio | 8.48 | 16.21 |
| Ulcer Index | 8.44% | 1.91% |
| Daily Std Dev | 45.85% | 12.23% |
| Max Drawdown | -48.30% | -56.78% |
| Current Drawdown | -11.68% | -0.53% |
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Correlation
The correlation between AVGO and ^GSPC is 0.61, 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
AVGO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Broadcom Inc. (AVGO) 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
AVGO vs. ^GSPC - Drawdown Comparison
The maximum AVGO drawdown since its inception was -48.30%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for AVGO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
AVGO vs. ^GSPC - Volatility Comparison
Broadcom Inc. (AVGO) has a higher volatility of 9.66% compared to S&P 500 (^GSPC) at 3.97%. This indicates that AVGO'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.