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.
Key characteristics
| CAAP | ^SP500TR | |
|---|---|---|
| YTD Return | 18.93% | 22.62% |
| 1Y Return | 70.38% | 34.36% |
| 3Y Return (Ann) | 49.36% | 8.89% |
| 5Y Return (Ann) | 35.19% | 15.26% |
| Sharpe Ratio | 1.87 | 2.85 |
| Sortino Ratio | 2.68 | 3.78 |
| Omega Ratio | 1.32 | 1.53 |
| Calmar Ratio | 2.12 | 4.10 |
| Martin Ratio | 7.18 | 18.55 |
| Ulcer Index | 9.58% | 1.87% |
| Daily Std Dev | 36.75% | 12.14% |
| Max Drawdown | -89.88% | -55.25% |
| Current Drawdown | 0.00% | -1.37% |
Correlation
The correlation between CAAP and ^SP500TR is 0.28, 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
In the year-to-date period, CAAP achieves a 18.93% return, which is significantly lower than ^SP500TR's 22.62% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 9.78% compared to S&P 500 Total Return (^SP500TR) at 3.18%. 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.