BUZZ vs. ^GSPC
Compare and contrast key facts about VanEck Social Sentiment ETF (BUZZ) and S&P 500 (^GSPC).
BUZZ is a passively managed fund by VanEck that tracks the performance of the BUZZ NextGen AI US Sentiment Leaders Index. It was launched on Mar 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BUZZ or ^GSPC.
Key characteristics
| BUZZ | ^GSPC | |
|---|---|---|
| YTD Return | 29.32% | 25.45% |
| 1Y Return | 55.91% | 35.64% |
| 3Y Return (Ann) | -2.77% | 8.55% |
| Sharpe Ratio | 2.30 | 2.90 |
| Sortino Ratio | 2.96 | 3.87 |
| Omega Ratio | 1.36 | 1.54 |
| Calmar Ratio | 1.33 | 4.19 |
| Martin Ratio | 9.45 | 18.72 |
| Ulcer Index | 6.01% | 1.90% |
| Daily Std Dev | 24.65% | 12.27% |
| Max Drawdown | -56.87% | -56.78% |
| Current Drawdown | -10.74% | -0.29% |
Correlation
The correlation between BUZZ and ^GSPC is 0.80, 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
BUZZ vs. ^GSPC - Performance Comparison
In the year-to-date period, BUZZ achieves a 29.32% return, which is significantly higher than ^GSPC's 25.45% 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
BUZZ vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Social Sentiment ETF (BUZZ) 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
BUZZ vs. ^GSPC - Drawdown Comparison
The maximum BUZZ drawdown since its inception was -56.87%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BUZZ and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BUZZ vs. ^GSPC - Volatility Comparison
VanEck Social Sentiment ETF (BUZZ) has a higher volatility of 7.73% compared to S&P 500 (^GSPC) at 3.86%. This indicates that BUZZ'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.