CCL.L vs. ^GSPC

Last updated Jun 5, 2026

CCL.L (Carnival plc) is a stock, while ^GSPC (S&P 500 Index) is an index. At a 0.31 correlation, their price movements are largely independent.

Performance

CCL.L vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Carnival plc (CCL.L) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CCL.L is traded in GBp, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to GBp using the latest available exchange rates.

Returns By Period

CCL.L

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

^GSPC

• 1D: 0.00%
• 1M: 4.31%
• YTD: 11.24%
• 6M: 9.66%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CCL.L vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025
CCL.L Carnival plc	-15.68%	40.35%
^GSPC S&P 500 Index	8.95%	14.53%

Correlation

The correlation between CCL.L and ^GSPC is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.31

Return for Risk

CCL.L vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCL.L

CCL.L Risk / Return Rank: 70
CCL.L Sharpe Ratio Rank: 71
CCL.L Sortino Ratio Rank: 71
CCL.L Omega Ratio Rank: 66
CCL.L Calmar Ratio Rank: 72
CCL.L Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCL.L vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carnival plc (CCL.L) and S&P 500 Index (^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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CCL.L	^GSPC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.42	—

Drawdowns

Drawdown Indicators

	CCL.L	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	—	-8.03%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-1.44%	—

Volatility

Volatility by Period

	CCL.L	^GSPC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	11.47%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	11.47%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	11.47%	—

Frequently Asked Questions

Can I hold both CCL.L and ^GSPC in my portfolio?

CCL.L and ^GSPC have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.