CN1.L vs. ^GSPC
Compare and contrast key facts about Amundi MSCI Nordic UCITS ETF EUR (C) (CN1.L) and S&P 500 (^GSPC).
CN1.L is a passively managed fund by Amundi that tracks the performance of the MSCI Nordic Countries NR EUR. It was launched on Jun 29, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CN1.L or ^GSPC.
Key characteristics
| CN1.L | ^GSPC |
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Correlation
The correlation between CN1.L and ^GSPC is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CN1.L vs. ^GSPC - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CN1.L vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Nordic UCITS ETF EUR (C) (CN1.L) and S&P 500 (^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.
Drawdowns
CN1.L vs. ^GSPC - Drawdown Comparison
Volatility
CN1.L vs. ^GSPC - Volatility Comparison
The current volatility for Amundi MSCI Nordic UCITS ETF EUR (C) (CN1.L) is 0.00%, while S&P 500 (^GSPC) has a volatility of 3.81%. This indicates that CN1.L experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.