CLPR vs. ^GSPC
CLPR (Clipper Realty Inc.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, CLPR returned -12.28%/yr vs 11.43%/yr for ^GSPC. At a 0.31 correlation, their price movements are largely independent.
Performance
CLPR vs. ^GSPC - Performance Comparison
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Returns By Period
In the year-to-date period, CLPR achieves a -19.69% return, which is significantly lower than ^GSPC's 9.79% return.
CLPR
- 1D
- 0.35%
- 1M
- -12.73%
- 6M
- -15.71%
- YTD
- -19.69%
- 1Y
- -11.24%
- 3Y*
- -15.33%
- 5Y*
- -12.28%
- 10Y*
- —
^GSPC
- 1D
- -0.79%
- 1M
- 1.13%
- 6M
- 7.71%
- YTD
- 9.79%
- 1Y
- 20.06%
- 3Y*
- 18.60%
- 5Y*
- 11.43%
- 10Y*
- 13.27%
CLPR vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLPR Clipper Realty Inc. | -19.69% | -8.03% | -7.85% | -9.54% | -32.70% | 47.69% | -29.45% | -16.70% | 35.58% | -31.17% |
^GSPC S&P 500 Index | 9.79% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 15.85% |
Correlation
The correlation between CLPR and ^GSPC is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2017 | 0.31 |
The correlation between CLPR and ^GSPC shifts across timeframes, from 0.17 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CLPR vs. ^GSPC — Risk / Return Rank
CLPR
^GSPC
CLPR vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Clipper Realty Inc. (CLPR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CLPR | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.29 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.29 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 2.21 | -2.55 |
| Martin ratioReturn relative to average drawdown | -0.57 | 9.61 | -10.18 |
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Drawdowns
CLPR vs. ^GSPC - Drawdown Comparison
The maximum CLPR drawdown since its inception was -68.63%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CLPR and ^GSPC.
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Drawdown Indicators
| CLPR | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.63% | -56.78% | -11.85% |
Max Drawdown (1Y)Largest decline over 1 year | -33.65% | -9.10% | -24.55% |
Max Drawdown (3Y)Largest decline over 3 years | -52.33% | -18.90% | -33.43% |
Max Drawdown (5Y)Largest decline over 5 years | -62.05% | -25.43% | -36.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -66.79% | -1.24% | -65.55% |
Average DrawdownAverage peak-to-trough decline | -39.75% | -10.71% | -29.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.72% | 2.09% | +17.63% |
Volatility
CLPR vs. ^GSPC - Volatility Comparison
Clipper Realty Inc. (CLPR) has a higher volatility of 14.25% compared to S&P 500 Index (^GSPC) at 3.96%. This indicates that CLPR's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLPR | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.25% | 3.96% | +10.29% |
Volatility (6M)Calculated over the trailing 6-month period | 33.10% | 9.99% | +23.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.12% | 12.57% | +32.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.68% | 17.01% | +30.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.76% | 18.05% | +28.71% |
Frequently Asked Questions
CLPR and ^GSPC have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLPR has higher volatility (14.25%) compared to ^GSPC (3.96%). In terms of maximum drawdown, CLPR dropped -68.63% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.61 vs -0.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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