ENGNW vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about enGene Holdings Inc. Warrants (ENGNW) and S&P 500 Index (^GSPC).

Performance

ENGNW vs. ^GSPC - Performance Comparison

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

ENGNW vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ENGNW enGene Holdings Inc. Warrants	-14.53%	251.00%	-0.79%	-15.00%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	12.55%

Returns By Period

In the year-to-date period, ENGNW achieves a -14.53% return, which is significantly lower than ^GSPC's -3.95% return.

ENGNW

• 1D: 0.00%
• 1M: -24.02%
• YTD: -14.53%
• 6M: 216.25%
• 1Y: 328.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ENGNW vs. ^GSPC — Risk / Return Rank

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

ENGNW

ENGNW Risk / Return Rank: 91
ENGNW Sharpe Ratio Rank: 78
ENGNW Sortino Ratio Rank: 97
ENGNW Omega Ratio Rank: 96
ENGNW Calmar Ratio Rank: 93
ENGNW Martin Ratio Rank: 90

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

ENGNW vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for enGene Holdings Inc. Warrants (ENGNW) 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.

	ENGNW	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.23	0.92	+0.32
Sortino ratio Return per unit of downside risk	4.16	1.41	+2.75
Omega ratio Gain probability vs. loss probability	1.58	1.21	+0.36
Calmar ratio Return relative to maximum drawdown	5.01	1.41	+3.59
Martin ratio Return relative to average drawdown	11.59	6.61	+4.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENGNW vs. ^GSPC - Sharpe Ratio Comparison

The current ENGNW Sharpe Ratio is 1.23, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of ENGNW 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.

Sharpe Ratios by Period

	ENGNW	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	0.92	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.46	-0.27

Correlation

The correlation between ENGNW and ^GSPC is 0.09, 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.

Drawdowns

ENGNW vs. ^GSPC - Drawdown Comparison

The maximum ENGNW drawdown since its inception was -93.49%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ENGNW and ^GSPC.

Drawdown Indicators

	ENGNW	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-93.49%	-56.78%	-36.71%
Max Drawdown (1Y) Largest decline over 1 year	-64.19%	-12.14%	-52.05%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-60.34%	-5.78%	-54.56%
Average Drawdown Average peak-to-trough decline	-63.60%	-10.75%	-52.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.72%	2.60%	+25.12%

Volatility

ENGNW vs. ^GSPC - Volatility Comparison

enGene Holdings Inc. Warrants (ENGNW) has a higher volatility of 41.81% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that ENGNW'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.

Volatility by Period

	ENGNW	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	41.81%	5.37%	+36.44%
Volatility (6M) Calculated over the trailing 6-month period	170.07%	9.55%	+160.52%
Volatility (1Y) Calculated over the trailing 1-year period	268.58%	18.33%	+250.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	257.70%	16.90%	+240.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	257.70%	18.05%	+239.65%