FCO vs. ^GSPC
Compare and contrast key facts about Aberdeen Global Income Fund, Inc. (FCO) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCO or ^GSPC.
Correlation
The correlation between FCO and ^GSPC is 0.17, 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
FCO vs. ^GSPC - Performance Comparison
Key characteristics
FCO:
0.94
^GSPC:
0.46
FCO:
1.31
^GSPC:
0.77
FCO:
1.21
^GSPC:
1.11
FCO:
1.34
^GSPC:
0.47
FCO:
6.23
^GSPC:
1.94
FCO:
3.61%
^GSPC:
4.61%
FCO:
23.96%
^GSPC:
19.44%
FCO:
-47.85%
^GSPC:
-56.78%
FCO:
-3.24%
^GSPC:
-10.07%
Returns By Period
In the year-to-date period, FCO achieves a 4.36% return, which is significantly higher than ^GSPC's -6.06% return. Over the past 10 years, FCO has underperformed ^GSPC with an annualized return of 7.27%, while ^GSPC has yielded a comparatively higher 10.27% annualized return.
FCO
4.36%
-1.31%
5.76%
21.37%
15.70%
7.27%
^GSPC
-6.06%
-1.00%
-4.87%
8.34%
14.11%
10.27%
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Risk-Adjusted Performance
FCO vs. ^GSPC — Risk-Adjusted Performance Rank
FCO
^GSPC
FCO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aberdeen Global Income Fund, Inc. (FCO) 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
FCO vs. ^GSPC - Drawdown Comparison
The maximum FCO drawdown since its inception was -47.85%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FCO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FCO vs. ^GSPC - Volatility Comparison
The current volatility for Aberdeen Global Income Fund, Inc. (FCO) is 7.40%, while S&P 500 (^GSPC) has a volatility of 14.23%. This indicates that FCO experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.