EDPFY vs. ^GSPC
Compare and contrast key facts about EDP Energias de Portugal SA ADR (EDPFY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDPFY or ^GSPC.
Correlation
The correlation between EDPFY and ^GSPC is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EDPFY vs. ^GSPC - Performance Comparison
Key characteristics
EDPFY:
-0.66
^GSPC:
1.62
EDPFY:
-0.78
^GSPC:
2.20
EDPFY:
0.91
^GSPC:
1.30
EDPFY:
-0.37
^GSPC:
2.46
EDPFY:
-1.08
^GSPC:
10.01
EDPFY:
16.37%
^GSPC:
2.08%
EDPFY:
26.64%
^GSPC:
12.88%
EDPFY:
-67.14%
^GSPC:
-56.78%
EDPFY:
-45.32%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, EDPFY achieves a -1.55% return, which is significantly lower than ^GSPC's 2.24% return. Over the past 10 years, EDPFY has underperformed ^GSPC with an annualized return of 3.55%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
EDPFY
-1.55%
3.80%
-24.21%
-16.87%
-4.80%
3.55%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
EDPFY vs. ^GSPC — Risk-Adjusted Performance Rank
EDPFY
^GSPC
EDPFY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for EDP Energias de Portugal SA ADR (EDPFY) 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
EDPFY vs. ^GSPC - Drawdown Comparison
The maximum EDPFY drawdown since its inception was -67.14%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for EDPFY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
EDPFY vs. ^GSPC - Volatility Comparison
EDP Energias de Portugal SA ADR (EDPFY) has a higher volatility of 6.89% compared to S&P 500 (^GSPC) at 3.43%. This indicates that EDPFY'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.