CYBR.TO vs. ^GSPC
Compare and contrast key facts about Evolve Cyber Security Index Fund - Hedged Units (CYBR.TO) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CYBR.TO or ^GSPC.
Correlation
The correlation between CYBR.TO and ^GSPC is 0.61, 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
CYBR.TO vs. ^GSPC - Performance Comparison
Key characteristics
CYBR.TO:
0.79
^GSPC:
1.83
CYBR.TO:
1.16
^GSPC:
2.47
CYBR.TO:
1.16
^GSPC:
1.33
CYBR.TO:
0.81
^GSPC:
2.76
CYBR.TO:
3.18
^GSPC:
11.27
CYBR.TO:
5.02%
^GSPC:
2.08%
CYBR.TO:
20.08%
^GSPC:
12.79%
CYBR.TO:
-44.40%
^GSPC:
-56.78%
CYBR.TO:
0.00%
^GSPC:
-0.07%
Returns By Period
In the year-to-date period, CYBR.TO achieves a 13.85% return, which is significantly higher than ^GSPC's 3.96% return.
CYBR.TO
13.85%
12.04%
19.73%
16.54%
13.56%
N/A
^GSPC
3.96%
2.77%
10.09%
21.57%
12.62%
11.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CYBR.TO vs. ^GSPC — Risk-Adjusted Performance Rank
CYBR.TO
^GSPC
CYBR.TO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Cyber Security Index Fund - Hedged Units (CYBR.TO) 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
CYBR.TO vs. ^GSPC - Drawdown Comparison
The maximum CYBR.TO drawdown since its inception was -44.40%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CYBR.TO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
CYBR.TO vs. ^GSPC - Volatility Comparison
Evolve Cyber Security Index Fund - Hedged Units (CYBR.TO) has a higher volatility of 4.86% compared to S&P 500 (^GSPC) at 3.19%. This indicates that CYBR.TO'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.