CAH vs. ^SP500TR
Compare and contrast key facts about Cardinal Health, Inc. (CAH) 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: CAH or ^SP500TR.
Correlation
The correlation between CAH and ^SP500TR is 0.39, 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
CAH vs. ^SP500TR - Performance Comparison
Key characteristics
CAH:
1.00
^SP500TR:
2.23
CAH:
1.47
^SP500TR:
2.97
CAH:
1.19
^SP500TR:
1.42
CAH:
1.19
^SP500TR:
3.31
CAH:
2.58
^SP500TR:
14.64
CAH:
8.39%
^SP500TR:
1.91%
CAH:
21.75%
^SP500TR:
12.52%
CAH:
-61.58%
^SP500TR:
-55.25%
CAH:
-5.63%
^SP500TR:
-2.57%
Returns By Period
In the year-to-date period, CAH achieves a 19.02% return, which is significantly lower than ^SP500TR's 26.03% return. Over the past 10 years, CAH has underperformed ^SP500TR with an annualized return of 6.80%, while ^SP500TR has yielded a comparatively higher 13.10% annualized return.
CAH
19.02%
-1.71%
14.15%
19.10%
21.64%
6.80%
^SP500TR
26.03%
0.36%
9.25%
26.67%
14.81%
13.10%
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
CAH vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cardinal Health, Inc. (CAH) 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
CAH vs. ^SP500TR - Drawdown Comparison
The maximum CAH drawdown since its inception was -61.58%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for CAH and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
CAH vs. ^SP500TR - Volatility Comparison
Cardinal Health, Inc. (CAH) has a higher volatility of 5.40% compared to S&P 500 Total Return (^SP500TR) at 3.79%. This indicates that CAH'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.