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CAH vs. ^SP500TR
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.


-0.50.00.51.00.4

Performance

CAH vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cardinal Health, Inc. (CAH) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
13.86%
9.58%
CAH
^SP500TR

Key characteristics

Sharpe Ratio

CAH:

1.00

^SP500TR:

2.23

Sortino Ratio

CAH:

1.47

^SP500TR:

2.97

Omega Ratio

CAH:

1.19

^SP500TR:

1.42

Calmar Ratio

CAH:

1.19

^SP500TR:

3.31

Martin Ratio

CAH:

2.58

^SP500TR:

14.64

Ulcer Index

CAH:

8.39%

^SP500TR:

1.91%

Daily Std Dev

CAH:

21.75%

^SP500TR:

12.52%

Max Drawdown

CAH:

-61.58%

^SP500TR:

-55.25%

Current Drawdown

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

YTD

19.02%

1M

-1.71%

6M

14.15%

1Y

19.10%

5Y*

21.64%

10Y*

6.80%

^SP500TR

YTD

26.03%

1M

0.36%

6M

9.25%

1Y

26.67%

5Y*

14.81%

10Y*

13.10%

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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.


Sharpe ratio
The chart of Sharpe ratio for CAH, currently valued at 0.99, compared to the broader market-4.00-2.000.002.001.002.23
The chart of Sortino ratio for CAH, currently valued at 1.47, compared to the broader market-4.00-2.000.002.004.001.472.97
The chart of Omega ratio for CAH, currently valued at 1.19, compared to the broader market0.501.001.502.001.191.42
The chart of Calmar ratio for CAH, currently valued at 1.19, compared to the broader market0.002.004.006.001.193.31
The chart of Martin ratio for CAH, currently valued at 2.58, compared to the broader market-5.000.005.0010.0015.0020.0025.002.5814.64
CAH
^SP500TR

The current CAH Sharpe Ratio is 1.00, which is lower than the ^SP500TR Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of CAH and ^SP500TR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.00
2.23
CAH
^SP500TR

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.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.63%
-2.57%
CAH
^SP500TR

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.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.40%
3.79%
CAH
^SP500TR
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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