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ENGNW vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ENGNW and ^GSPC is 0.04, 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.

ENGNW vs. ^GSPC

Last updated May 31, 2025

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

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENGNW or ^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 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ENGNW:

-0.42

^GSPC:

0.66

Sortino Ratio

ENGNW:

-0.36

^GSPC:

0.94

Omega Ratio

ENGNW:

0.96

^GSPC:

1.14

Calmar Ratio

ENGNW:

-0.92

^GSPC:

0.60

Martin Ratio

ENGNW:

-1.15

^GSPC:

2.28

Ulcer Index

ENGNW:

74.81%

^GSPC:

5.01%

Daily Std Dev

ENGNW:

193.84%

^GSPC:

19.77%

Max Drawdown

ENGNW:

-93.49%

^GSPC:

-56.78%

Current Drawdown

ENGNW:

-87.46%

^GSPC:

-3.78%

Returns By Period

In the year-to-date period, ENGNW achieves a -5.13% return, which is significantly lower than ^GSPC's 0.51% return.

ENGNW

YTD

-5.13%

1M

-2.44%

6M

-43.66%

1Y

-75.83%

3Y*

N/A

5Y*

N/A

10Y*

N/A

^GSPC

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

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enGene Holdings Inc. Warrants

S&P 500

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

ENGNW vs. ^GSPC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ENGNW
The Risk-Adjusted Performance Rank of ENGNW is 2020
Overall Rank
The Sharpe Ratio Rank of ENGNW is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of ENGNW is 2626
Sortino Ratio Rank
The Omega Ratio Rank of ENGNW is 2626
Omega Ratio Rank
The Calmar Ratio Rank of ENGNW is 22
Calmar Ratio Rank
The Martin Ratio Rank of ENGNW is 1919
Martin Ratio Rank
^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6565
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6060
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6363
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 6464
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ENGNW vs. ^GSPC - Risk-Adjusted Performance Comparison

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

The current ENGNW Sharpe Ratio is -0.42, which is lower than the ^GSPC Sharpe Ratio of 0.66. 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.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

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.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

ENGNW vs. ^GSPC - Volatility Comparison

enGene Holdings Inc. Warrants (ENGNW) has a higher volatility of 36.58% compared to S&P 500 (^GSPC) at 4.77%. 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.

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