CSM vs. ^GSPC
Compare and contrast key facts about Proshares Large Cap Core Plus (CSM) and S&P 500 (^GSPC).
CSM is a passively managed fund by ProShares that tracks the performance of the Credit Suisse 130/30 Large-Cap Index. It was launched on Jul 13, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSM or ^GSPC.
Correlation
The correlation between CSM and ^GSPC is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CSM vs. ^GSPC - Performance Comparison
Key characteristics
CSM:
1.63
^GSPC:
1.74
CSM:
2.24
^GSPC:
2.35
CSM:
1.30
^GSPC:
1.32
CSM:
2.39
^GSPC:
2.61
CSM:
9.03
^GSPC:
10.66
CSM:
2.33%
^GSPC:
2.08%
CSM:
12.96%
^GSPC:
12.77%
CSM:
-36.12%
^GSPC:
-56.78%
CSM:
0.00%
^GSPC:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with CSM having a 4.52% return and ^GSPC slightly lower at 4.46%. Both investments have delivered pretty close results over the past 10 years, with CSM having a 11.90% annualized return and ^GSPC not far behind at 11.31%.
CSM
4.52%
2.21%
9.57%
22.09%
13.19%
11.90%
^GSPC
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
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Risk-Adjusted Performance
CSM vs. ^GSPC — Risk-Adjusted Performance Rank
CSM
^GSPC
CSM vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Proshares Large Cap Core Plus (CSM) 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
CSM vs. ^GSPC - Drawdown Comparison
The maximum CSM drawdown since its inception was -36.12%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CSM and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
CSM vs. ^GSPC - Volatility Comparison
Proshares Large Cap Core Plus (CSM) and S&P 500 (^GSPC) have volatilities of 3.00% and 3.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.