CPA.DE vs. ^GSPC
CPA.DE (Colgate-Palmolive Company) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, CPA.DE returned 4.48%/yr vs 12.65%/yr for ^GSPC. At a 0.19 correlation, their price movements are largely independent.
Performance
CPA.DE vs. ^GSPC - Performance Comparison
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Different Trading Currencies
CPA.DE is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, CPA.DE achieves a 20.37% return, which is significantly higher than ^GSPC's 11.89% return. Over the past 10 years, CPA.DE has underperformed ^GSPC with an annualized return of 4.48%, while ^GSPC has yielded a comparatively higher 12.65% annualized return.
CPA.DE
- 1D
- -2.43%
- 1M
- 2.14%
- 6M
- 12.94%
- YTD
- 20.37%
- 1Y
- 7.50%
- 3Y*
- 7.33%
- 5Y*
- 5.31%
- 10Y*
- 4.48%
- ALL TIME*
- 12.74%
^GSPC
- 1D
- 0.01%
- 1M
- -0.35%
- 6M
- 8.98%
- YTD
- 11.89%
- 1Y
- 20.36%
- 3Y*
- 16.94%
- 5Y*
- 12.03%
- 10Y*
- 12.65%
- ALL TIME*
- 10.08%
CPA.DE vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPA.DE Colgate-Palmolive Company | 20.37% | -20.67% | 24.99% | -0.69% | 1.93% | 10.28% | 15.23% | 23.31% | -15.26% | 2.88% |
^GSPC S&P 500 Index | 11.89% | 2.58% | 31.45% | 20.51% | -14.45% | 36.38% | 6.68% | 31.79% | -1.84% | 4.74% |
Correlation
The correlation between CPA.DE and ^GSPC is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2007 | 0.19 |
The correlation between CPA.DE and ^GSPC shifts across timeframes, from -0.09 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CPA.DE vs. ^GSPC — Risk / Return Rank
CPA.DE
^GSPC
CPA.DE vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Colgate-Palmolive Company (CPA.DE) 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.
| CPA.DE | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.30 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.47 | 2.70 | -2.23 |
| Martin ratioReturn relative to average drawdown | 0.88 | 9.96 | -9.08 |
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Drawdowns
CPA.DE vs. ^GSPC - Drawdown Comparison
The maximum CPA.DE drawdown since its inception was -31.54%, smaller than the maximum ^GSPC drawdown of -50.14%. Use the drawdown chart below to compare losses from any high point for CPA.DE and ^GSPC.
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Drawdown Indicators
| CPA.DE | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.54% | -50.14% | +18.60% |
Max Drawdown (1Y)Largest decline over 1 year | -15.96% | -7.57% | -8.39% |
Max Drawdown (3Y)Largest decline over 3 years | -31.54% | -23.99% | -7.55% |
Max Drawdown (5Y)Largest decline over 5 years | -31.54% | -23.99% | -7.55% |
Max Drawdown (10Y)Largest decline over 10 years | -31.54% | -33.42% | +1.88% |
Current DrawdownCurrent decline from peak | -14.25% | -1.73% | -12.52% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -8.49% | -0.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.51% | 2.05% | +6.46% |
Volatility
CPA.DE vs. ^GSPC - Volatility Comparison
Colgate-Palmolive Company (CPA.DE) has a higher volatility of 7.86% compared to S&P 500 Index (^GSPC) at 2.79%. This indicates that CPA.DE'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
| CPA.DE | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.86% | 2.79% | +5.07% |
Volatility (6M)Calculated over the trailing 6-month period | 16.70% | 9.21% | +7.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.81% | 12.64% | +9.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.00% | 16.83% | +2.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.13% | 18.61% | +0.52% |
Frequently Asked Questions
CPA.DE and ^GSPC have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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