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FAST vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between FAST and ^GSPC is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

FAST vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fastenal Company (FAST) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
15.88%
7.29%
FAST
^GSPC

Key characteristics

Sharpe Ratio

FAST:

0.78

^GSPC:

1.90

Sortino Ratio

FAST:

1.39

^GSPC:

2.54

Omega Ratio

FAST:

1.18

^GSPC:

1.35

Calmar Ratio

FAST:

0.89

^GSPC:

2.81

Martin Ratio

FAST:

1.79

^GSPC:

12.39

Ulcer Index

FAST:

10.09%

^GSPC:

1.93%

Daily Std Dev

FAST:

23.34%

^GSPC:

12.58%

Max Drawdown

FAST:

-63.43%

^GSPC:

-56.78%

Current Drawdown

FAST:

-11.50%

^GSPC:

-3.58%

Returns By Period

In the year-to-date period, FAST achieves a 17.85% return, which is significantly lower than ^GSPC's 23.11% return. Over the past 10 years, FAST has outperformed ^GSPC with an annualized return of 15.27%, while ^GSPC has yielded a comparatively lower 11.01% annualized return.


FAST

YTD

17.85%

1M

-8.74%

6M

16.19%

1Y

18.00%

5Y*

18.14%

10Y*

15.27%

^GSPC

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

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Risk-Adjusted Performance

FAST vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fastenal Company (FAST) 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.


Sharpe ratio
The chart of Sharpe ratio for FAST, currently valued at 0.78, compared to the broader market-4.00-2.000.002.000.781.90
The chart of Sortino ratio for FAST, currently valued at 1.39, compared to the broader market-4.00-2.000.002.004.001.392.54
The chart of Omega ratio for FAST, currently valued at 1.18, compared to the broader market0.501.001.502.001.181.35
The chart of Calmar ratio for FAST, currently valued at 0.89, compared to the broader market0.002.004.006.000.892.81
The chart of Martin ratio for FAST, currently valued at 1.79, compared to the broader market0.0010.0020.001.7912.39
FAST
^GSPC

The current FAST Sharpe Ratio is 0.78, which is lower than the ^GSPC Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of FAST and ^GSPC, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.78
1.90
FAST
^GSPC

Drawdowns

FAST vs. ^GSPC - Drawdown Comparison

The maximum FAST drawdown since its inception was -63.43%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FAST and ^GSPC. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.50%
-3.58%
FAST
^GSPC

Volatility

FAST vs. ^GSPC - Volatility Comparison

Fastenal Company (FAST) has a higher volatility of 4.53% compared to S&P 500 (^GSPC) at 3.64%. This indicates that FAST'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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
4.53%
3.64%
FAST
^GSPC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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