FWRD vs. ^GSPC
Compare and contrast key facts about Forward Air Corporation (FWRD) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWRD or ^GSPC.
Correlation
The correlation between FWRD and ^GSPC is 0.60, 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.
Performance
FWRD vs. ^GSPC - Performance Comparison
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Key characteristics
FWRD:
60.84%
^GSPC:
19.37%
FWRD:
-6.42%
^GSPC:
-56.78%
FWRD:
-6.42%
^GSPC:
-7.88%
Returns By Period
FWRD
N/A
N/A
N/A
N/A
N/A
N/A
^GSPC
-3.77%
5.53%
-5.60%
8.37%
14.61%
10.35%
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Risk-Adjusted Performance
FWRD vs. ^GSPC — Risk-Adjusted Performance Rank
FWRD
^GSPC
FWRD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Forward Air Corporation (FWRD) 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.
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Drawdowns
FWRD vs. ^GSPC - Drawdown Comparison
The maximum FWRD drawdown since its inception was -6.42%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FWRD and ^GSPC. For additional features, visit the drawdowns tool.
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Volatility
FWRD vs. ^GSPC - Volatility Comparison
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