BOSS vs. ^GSPC
Compare and contrast key facts about Global X Founder-Run Companies ETF (BOSS) and S&P 500 (^GSPC).
BOSS is a passively managed fund by Global X that tracks the performance of the Solactive U.S. Founder-Run Companies Index. It was launched on Feb 13, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOSS or ^GSPC.
Key characteristics
| BOSS | ^GSPC |
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Correlation
The correlation between BOSS and ^GSPC is 0.72, 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
BOSS vs. ^GSPC - Performance Comparison
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
BOSS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Founder-Run Companies ETF (BOSS) 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
BOSS vs. ^GSPC - Drawdown Comparison
Volatility
BOSS vs. ^GSPC - Volatility Comparison
The current volatility for Global X Founder-Run Companies ETF (BOSS) is 0.00%, while S&P 500 (^GSPC) has a volatility of 4.36%. This indicates that BOSS experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.