AZN.L vs. ^GSPC
Compare and contrast key facts about AstraZeneca plc (AZN.L) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AZN.L or ^GSPC.
Correlation
The correlation between AZN.L and ^GSPC is 0.24, 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
AZN.L vs. ^GSPC - Performance Comparison
Key characteristics
AZN.L:
0.32
^GSPC:
1.80
AZN.L:
0.57
^GSPC:
2.42
AZN.L:
1.08
^GSPC:
1.33
AZN.L:
0.26
^GSPC:
2.72
AZN.L:
0.61
^GSPC:
11.10
AZN.L:
11.46%
^GSPC:
2.08%
AZN.L:
22.03%
^GSPC:
12.84%
AZN.L:
-49.99%
^GSPC:
-56.78%
AZN.L:
-16.92%
^GSPC:
-1.32%
Returns By Period
In the year-to-date period, AZN.L achieves a 5.37% return, which is significantly higher than ^GSPC's 2.66% return. Over the past 10 years, AZN.L has outperformed ^GSPC with an annualized return of 13.10%, while ^GSPC has yielded a comparatively lower 11.41% annualized return.
AZN.L
5.37%
4.12%
-10.56%
8.80%
9.97%
13.10%
^GSPC
2.66%
1.61%
15.23%
22.15%
12.59%
11.41%
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Risk-Adjusted Performance
AZN.L vs. ^GSPC — Risk-Adjusted Performance Rank
AZN.L
^GSPC
AZN.L vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AstraZeneca plc (AZN.L) 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
AZN.L vs. ^GSPC - Drawdown Comparison
The maximum AZN.L drawdown since its inception was -49.99%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for AZN.L and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
AZN.L vs. ^GSPC - Volatility Comparison
AstraZeneca plc (AZN.L) has a higher volatility of 5.34% compared to S&P 500 (^GSPC) at 3.88%. This indicates that AZN.L'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.