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:
-0.77
^GSPC:
1.77
EDPFY:
-0.95
^GSPC:
2.39
EDPFY:
0.89
^GSPC:
1.32
EDPFY:
-0.43
^GSPC:
2.66
EDPFY:
-1.28
^GSPC:
10.85
EDPFY:
16.00%
^GSPC:
2.08%
EDPFY:
26.51%
^GSPC:
12.79%
EDPFY:
-67.14%
^GSPC:
-56.78%
EDPFY:
-47.70%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, EDPFY achieves a -5.84% return, which is significantly lower than ^GSPC's 4.22% return. Over the past 10 years, EDPFY has underperformed ^GSPC with an annualized return of 3.55%, while ^GSPC has yielded a comparatively higher 11.29% annualized return.
EDPFY
-5.84%
-6.48%
-27.25%
-21.20%
-5.56%
3.55%
^GSPC
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
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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 7.77% compared to S&P 500 (^GSPC) at 3.19%. 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.