ESIE.L vs. ^GSPC
Compare and contrast key facts about iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L) and S&P 500 (^GSPC).
ESIE.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Energy NR USD. It was launched on Nov 18, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESIE.L or ^GSPC.
Correlation
The correlation between ESIE.L and ^GSPC is 0.27, 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
ESIE.L vs. ^GSPC - Performance Comparison
Key characteristics
ESIE.L:
-0.68
^GSPC:
2.16
ESIE.L:
-0.84
^GSPC:
2.87
ESIE.L:
0.90
^GSPC:
1.40
ESIE.L:
-0.51
^GSPC:
3.19
ESIE.L:
-1.08
^GSPC:
13.87
ESIE.L:
10.78%
^GSPC:
1.95%
ESIE.L:
16.98%
^GSPC:
12.54%
ESIE.L:
-22.98%
^GSPC:
-56.78%
ESIE.L:
-22.75%
^GSPC:
-0.82%
Returns By Period
In the year-to-date period, ESIE.L achieves a -12.15% return, which is significantly lower than ^GSPC's 26.63% return.
ESIE.L
-12.15%
-6.48%
-14.18%
-12.17%
N/A
N/A
^GSPC
26.63%
1.18%
10.44%
27.03%
13.30%
11.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ESIE.L vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L) 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
ESIE.L vs. ^GSPC - Drawdown Comparison
The maximum ESIE.L drawdown since its inception was -22.98%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ESIE.L and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ESIE.L vs. ^GSPC - Volatility Comparison
iShares MSCI Europe Energy Sector UCITS ETF EUR (Acc) (ESIE.L) has a higher volatility of 4.69% compared to S&P 500 (^GSPC) at 3.95%. This indicates that ESIE.L'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.