ES.PA vs. ^GSPC

Last updated Jun 5, 2026

ES.PA (Esso S.A.F.) is a stock, while ^GSPC (S&P 500 Index) is an index. At a correlation of -0.08, they often move in opposite directions.

Performance

ES.PA vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Esso S.A.F. (ES.PA) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ES.PA is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.

Returns By Period

ES.PA

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

^GSPC

• 1D: 0.00%
• 1M: 4.16%
• YTD: 12.06%
• 6M: 10.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ES.PA vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025
ES.PA Esso S.A.F.	0.00%	18.81%
^GSPC S&P 500 Index	9.98%	10.65%

Correlation

The correlation between ES.PA and ^GSPC is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	-0.08

Return for Risk

ES.PA vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Esso S.A.F. (ES.PA) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ES.PA	^GSPC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.98	—

Drawdowns

Drawdown Indicators

	ES.PA	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	—	-7.57%	—
Current Drawdown Current decline from peak	—	-0.20%	—
Average Drawdown Average peak-to-trough decline	—	-1.39%	—

Volatility

Volatility by Period

	ES.PA	^GSPC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	12.22%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	12.22%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.22%	—

Frequently Asked Questions

Can I hold both ES.PA and ^GSPC in my portfolio?

ES.PA and ^GSPC have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.