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CSM vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

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.


-0.50.00.51.01.0

Performance

CSM vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Proshares Large Cap Core Plus (CSM) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

500.00%550.00%600.00%650.00%700.00%JulyAugustSeptemberOctoberNovemberDecember
706.49%
559.15%
CSM
^GSPC

Key characteristics

Sharpe Ratio

CSM:

1.86

^GSPC:

1.98

Sortino Ratio

CSM:

2.52

^GSPC:

2.65

Omega Ratio

CSM:

1.34

^GSPC:

1.37

Calmar Ratio

CSM:

2.71

^GSPC:

2.93

Martin Ratio

CSM:

10.83

^GSPC:

12.73

Ulcer Index

CSM:

2.21%

^GSPC:

1.95%

Daily Std Dev

CSM:

12.87%

^GSPC:

12.59%

Max Drawdown

CSM:

-36.12%

^GSPC:

-56.78%

Current Drawdown

CSM:

-2.49%

^GSPC:

-1.96%

Returns By Period

In the year-to-date period, CSM achieves a 23.85% return, which is significantly lower than ^GSPC's 25.18% return. Both investments have delivered pretty close results over the past 10 years, with CSM having a 11.69% annualized return and ^GSPC not far behind at 11.14%.


CSM

YTD

23.85%

1M

-1.11%

6M

8.78%

1Y

23.54%

5Y*

13.05%

10Y*

11.69%

^GSPC

YTD

25.18%

1M

-0.47%

6M

9.35%

1Y

24.83%

5Y*

13.03%

10Y*

11.14%

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Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for CSM, currently valued at 1.86, compared to the broader market0.002.004.001.861.98
The chart of Sortino ratio for CSM, currently valued at 2.52, compared to the broader market-2.000.002.004.006.008.0010.002.522.65
The chart of Omega ratio for CSM, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.37
The chart of Calmar ratio for CSM, currently valued at 2.71, compared to the broader market0.005.0010.0015.002.712.93
The chart of Martin ratio for CSM, currently valued at 10.83, compared to the broader market0.0020.0040.0060.0080.00100.0010.8312.73
CSM
^GSPC

The current CSM Sharpe Ratio is 1.86, which is comparable to the ^GSPC Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of CSM and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.86
1.98
CSM
^GSPC

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.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.49%
-1.96%
CSM
^GSPC

Volatility

CSM vs. ^GSPC - Volatility Comparison

The current volatility for Proshares Large Cap Core Plus (CSM) is 3.60%, while S&P 500 (^GSPC) has a volatility of 4.07%. This indicates that CSM 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.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.60%
4.07%
CSM
^GSPC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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