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ES=F vs. ^FVX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ES=F and ^FVX is 0.24, 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

ES=F vs. ^FVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P 500 E-Mini Futures (ES=F) and Treasury Yield 5 Years (^FVX). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%500.00%600.00%December2025FebruaryMarchAprilMay
519.69%
-36.83%
ES=F
^FVX

Key characteristics

Sharpe Ratio

ES=F:

0.27

^FVX:

-0.53

Sortino Ratio

ES=F:

0.52

^FVX:

-0.62

Omega Ratio

ES=F:

1.08

^FVX:

0.93

Calmar Ratio

ES=F:

0.26

^FVX:

-0.22

Martin Ratio

ES=F:

1.01

^FVX:

-0.94

Ulcer Index

ES=F:

5.27%

^FVX:

13.52%

Daily Std Dev

ES=F:

19.03%

^FVX:

23.76%

Max Drawdown

ES=F:

-57.11%

^FVX:

-97.53%

Current Drawdown

ES=F:

-7.97%

^FVX:

-50.06%

Returns By Period

In the year-to-date period, ES=F achieves a -4.45% return, which is significantly higher than ^FVX's -9.98% return. Over the past 10 years, ES=F has underperformed ^FVX with an annualized return of 9.61%, while ^FVX has yielded a comparatively higher 10.20% annualized return.


ES=F

YTD

-4.45%

1M

15.43%

6M

-2.42%

1Y

8.94%

5Y*

12.98%

10Y*

9.61%

^FVX

YTD

-9.98%

1M

6.31%

6M

-5.49%

1Y

-12.05%

5Y*

67.84%

10Y*

10.20%

*Annualized

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Risk-Adjusted Performance

ES=F vs. ^FVX — Risk-Adjusted Performance Rank

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

ES=F
The Risk-Adjusted Performance Rank of ES=F is 6767
Overall Rank
The Sharpe Ratio Rank of ES=F is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of ES=F is 6666
Sortino Ratio Rank
The Omega Ratio Rank of ES=F is 6767
Omega Ratio Rank
The Calmar Ratio Rank of ES=F is 6565
Calmar Ratio Rank
The Martin Ratio Rank of ES=F is 6868
Martin Ratio Rank

^FVX
The Risk-Adjusted Performance Rank of ^FVX is 66
Overall Rank
The Sharpe Ratio Rank of ^FVX is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of ^FVX is 44
Sortino Ratio Rank
The Omega Ratio Rank of ^FVX is 55
Omega Ratio Rank
The Calmar Ratio Rank of ^FVX is 1111
Calmar Ratio Rank
The Martin Ratio Rank of ^FVX is 77
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.

ES=F vs. ^FVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P 500 E-Mini Futures (ES=F) and Treasury Yield 5 Years (^FVX). 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 ES=F Sharpe Ratio is 0.27, which is higher than the ^FVX Sharpe Ratio of -0.53. The chart below compares the historical Sharpe Ratios of ES=F and ^FVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50December2025FebruaryMarchAprilMay
0.16
-0.30
ES=F
^FVX

Drawdowns

ES=F vs. ^FVX - Drawdown Comparison

The maximum ES=F drawdown since its inception was -57.11%, smaller than the maximum ^FVX drawdown of -97.53%. Use the drawdown chart below to compare losses from any high point for ES=F and ^FVX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2025FebruaryMarchAprilMay
-7.97%
-42.12%
ES=F
^FVX

Volatility

ES=F vs. ^FVX - Volatility Comparison

The current volatility for S&P 500 E-Mini Futures (ES=F) is 5.40%, while Treasury Yield 5 Years (^FVX) has a volatility of 7.38%. This indicates that ES=F experiences smaller price fluctuations and is considered to be less risky than ^FVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
5.40%
7.38%
ES=F
^FVX