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EBS vs. ^GSPC
Performance
Return for Risk
Drawdowns
Volatility

Performance

EBS vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Emergent BioSolutions Inc. (EBS) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EBS achieves a -36.49% return, which is significantly lower than ^GSPC's 9.16% return. Over the past 10 years, EBS has underperformed ^GSPC with an annualized return of -11.85%, while ^GSPC has yielded a comparatively higher 13.88% annualized return.


EBS

1D
-1.88%
1M
-7.10%
YTD
-36.49%
6M
-38.72%
1Y
26.21%
3Y*
-5.56%
5Y*
-33.43%
10Y*
-11.85%

^GSPC

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EBS vs. ^GSPC - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EBS
Emergent BioSolutions Inc.
-36.49%29.29%298.33%-79.68%-72.83%-51.48%66.08%-8.99%27.57%41.50%
^GSPC
S&P 500 Index
9.16%16.39%23.31%24.23%-19.44%26.89%16.26%28.88%-6.24%19.42%

Correlation

The correlation between EBS and ^GSPC is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.36

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (10Y)
Calculated over the trailing 10-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Nov 15, 2006

0.40

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Return for Risk

EBS vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EBS
EBS Risk / Return Rank: 5757
Overall Rank
EBS Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
EBS Sortino Ratio Rank: 5959
Sortino Ratio Rank
EBS Omega Ratio Rank: 6060
Omega Ratio Rank
EBS Calmar Ratio Rank: 5656
Calmar Ratio Rank
EBS Martin Ratio Rank: 5454
Martin Ratio Rank

^GSPC
^GSPC Risk / Return Rank: 8080
Overall Rank
^GSPC Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
^GSPC Sortino Ratio Rank: 7979
Sortino Ratio Rank
^GSPC Omega Ratio Rank: 8282
Omega Ratio Rank
^GSPC Calmar Ratio Rank: 7474
Calmar Ratio Rank
^GSPC Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EBS vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Emergent BioSolutions Inc. (EBS) 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.


EBS^GSPCDifference
Sharpe ratioReturn per unit of total volatility

-1.71

Sortino ratioReturn per unit of downside risk

-1.60

Omega ratioGain probability vs. loss probability

1.16

1.37

-0.21

Calmar ratioReturn relative to maximum drawdown

0.59

2.78

-2.19

Martin ratioReturn relative to average drawdown

1.06

12.44

-11.38

EBS vs. ^GSPC - Sharpe Ratio Comparison

The current EBS Sharpe Ratio is 0.32, which is lower than the ^GSPC Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of EBS and ^GSPC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

EBS vs. ^GSPC - Drawdown Comparison

The maximum EBS drawdown since its inception was -98.89%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for EBS and ^GSPC.


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Drawdown Indicators


EBS^GSPCDifference

Max Drawdown

Largest peak-to-trough decline

-98.89%

-56.78%

-42.11%

Max Drawdown (1Y)

Largest decline over 1 year

-44.24%

-9.10%

-35.14%

Max Drawdown (3Y)

Largest decline over 3 years

-83.91%

-18.90%

-65.01%

Max Drawdown (5Y)

Largest decline over 5 years

-97.73%

-25.43%

-72.30%

Max Drawdown (10Y)

Largest decline over 10 years

-98.89%

-33.92%

-64.97%

Current Drawdown

Current decline from peak

-94.18%

-1.80%

-92.38%

Average Drawdown

Average peak-to-trough decline

-41.23%

-10.71%

-30.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

24.81%

2.03%

+22.78%

Volatility

EBS vs. ^GSPC - Volatility Comparison

Emergent BioSolutions Inc. (EBS) has a higher volatility of 17.79% compared to S&P 500 Index (^GSPC) at 4.67%. This indicates that EBS'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


EBS^GSPCDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.79%

4.67%

+13.12%

Volatility (6M)

Calculated over the trailing 6-month period

48.07%

9.84%

+38.23%

Volatility (1Y)

Calculated over the trailing 1-year period

82.47%

12.50%

+69.97%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

102.28%

16.99%

+85.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

79.78%

18.11%

+61.67%

Frequently Asked Questions


EBS and ^GSPC have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EBS has higher volatility (17.79%) compared to ^GSPC (4.67%). In terms of maximum drawdown, EBS dropped -98.89% vs ^GSPC's -56.78%.

^GSPC currently has the higher Sharpe Ratio (2.03 vs 0.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for EBS and ^GSPC

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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