ENTR vs. ^GSPC
Compare and contrast key facts about ERShares Entrepreneurs ETF (ENTR) and S&P 500 (^GSPC).
ENTR is a passively managed fund by Capital Impact Advisors that tracks the performance of the Entrepreneur 30 Index. It was launched on Nov 8, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENTR or ^GSPC.
Key characteristics
| ENTR | ^GSPC | |
|---|---|---|
| YTD Return | 13.02% | 11.18% |
| 1Y Return | 35.76% | 26.33% |
| 3Y Return (Ann) | 2.47% | 8.72% |
| 5Y Return (Ann) | 8.66% | 13.16% |
| Sharpe Ratio | 1.74 | 2.38 |
| Daily Std Dev | 22.16% | 11.54% |
| Max Drawdown | -56.28% | -56.78% |
| Current Drawdown | -22.58% | -0.09% |
Correlation
The correlation between ENTR and ^GSPC is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ENTR vs. ^GSPC - Performance Comparison
In the year-to-date period, ENTR achieves a 13.02% return, which is significantly higher than ^GSPC's 11.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ENTR vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ERShares Entrepreneurs ETF (ENTR) 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
ENTR vs. ^GSPC - Drawdown Comparison
The maximum ENTR drawdown since its inception was -56.28%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ENTR and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ENTR vs. ^GSPC - Volatility Comparison
ERShares Entrepreneurs ETF (ENTR) has a higher volatility of 7.30% compared to S&P 500 (^GSPC) at 3.36%. This indicates that ENTR'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.