EVVTY vs. ^GSPC
Compare and contrast key facts about Evolution Gaming Group AB ADR (EVVTY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EVVTY or ^GSPC.
Correlation
The correlation between EVVTY and ^GSPC is 0.25, 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
EVVTY vs. ^GSPC - Performance Comparison
Key characteristics
EVVTY:
-0.95
^GSPC:
0.44
EVVTY:
-1.23
^GSPC:
0.79
EVVTY:
0.81
^GSPC:
1.12
EVVTY:
-0.60
^GSPC:
0.48
EVVTY:
-1.61
^GSPC:
1.85
EVVTY:
23.30%
^GSPC:
4.92%
EVVTY:
39.59%
^GSPC:
19.37%
EVVTY:
-64.22%
^GSPC:
-56.78%
EVVTY:
-61.61%
^GSPC:
-7.88%
Returns By Period
In the year-to-date period, EVVTY achieves a -7.70% return, which is significantly lower than ^GSPC's -3.77% return.
EVVTY
-7.70%
-4.14%
-21.15%
-37.37%
8.83%
N/A
^GSPC
-3.77%
3.72%
-5.60%
8.55%
14.11%
10.45%
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Risk-Adjusted Performance
EVVTY vs. ^GSPC — Risk-Adjusted Performance Rank
EVVTY
^GSPC
EVVTY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolution Gaming Group AB ADR (EVVTY) 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
EVVTY vs. ^GSPC - Drawdown Comparison
The maximum EVVTY drawdown since its inception was -64.22%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for EVVTY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
EVVTY vs. ^GSPC - Volatility Comparison
Evolution Gaming Group AB ADR (EVVTY) has a higher volatility of 23.99% compared to S&P 500 (^GSPC) at 6.82%. This indicates that EVVTY'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.