CAAP vs. ^SP500TR
Compare and contrast key facts about Corporación América Airports S.A. (CAAP) and S&P 500 Total Return (^SP500TR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAAP or ^SP500TR.
Correlation
The correlation between CAAP and ^SP500TR is 0.29, 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
CAAP vs. ^SP500TR - Performance Comparison
Key characteristics
CAAP:
0.36
^SP500TR:
0.57
CAAP:
0.77
^SP500TR:
0.92
CAAP:
1.09
^SP500TR:
1.14
CAAP:
0.54
^SP500TR:
0.59
CAAP:
1.34
^SP500TR:
2.35
CAAP:
10.11%
^SP500TR:
4.69%
CAAP:
38.07%
^SP500TR:
19.36%
CAAP:
-89.88%
^SP500TR:
-55.25%
CAAP:
-7.06%
^SP500TR:
-8.56%
Returns By Period
In the year-to-date period, CAAP achieves a 2.95% return, which is significantly higher than ^SP500TR's -4.32% return.
CAAP
2.95%
2.62%
1.69%
13.00%
52.69%
N/A
^SP500TR
-4.32%
-0.43%
-1.12%
13.19%
16.47%
12.27%
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Risk-Adjusted Performance
CAAP vs. ^SP500TR — Risk-Adjusted Performance Rank
CAAP
^SP500TR
CAAP vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Corporación América Airports S.A. (CAAP) and S&P 500 Total Return (^SP500TR). 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
CAAP vs. ^SP500TR - Drawdown Comparison
The maximum CAAP drawdown since its inception was -89.88%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for CAAP and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
CAAP vs. ^SP500TR - Volatility Comparison
Corporación América Airports S.A. (CAAP) has a higher volatility of 15.42% compared to S&P 500 Total Return (^SP500TR) at 14.09%. This indicates that CAAP's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.