GALP.LS vs. ^GSPC
Compare and contrast key facts about Galp Energia SGPS S.A. (GALP.LS) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GALP.LS or ^GSPC.
Key characteristics
| GALP.LS | ^GSPC | |
|---|---|---|
| YTD Return | 49.25% | 10.00% |
| 1Y Return | 94.61% | 26.85% |
| 3Y Return (Ann) | 30.59% | 7.95% |
| 5Y Return (Ann) | 11.71% | 12.81% |
| 10Y Return (Ann) | 8.78% | 10.84% |
| Sharpe Ratio | 3.00 | 2.35 |
| Daily Std Dev | 30.88% | 11.56% |
| Max Drawdown | -67.22% | -56.78% |
| Current Drawdown | -3.07% | -0.15% |
Correlation
The correlation between GALP.LS and ^GSPC is 0.33, 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
GALP.LS vs. ^GSPC - Performance Comparison
In the year-to-date period, GALP.LS achieves a 49.25% return, which is significantly higher than ^GSPC's 10.00% return. Over the past 10 years, GALP.LS has underperformed ^GSPC with an annualized return of 8.78%, while ^GSPC has yielded a comparatively higher 10.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
GALP.LS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Galp Energia SGPS S.A. (GALP.LS) 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
GALP.LS vs. ^GSPC - Drawdown Comparison
The maximum GALP.LS drawdown since its inception was -67.22%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GALP.LS and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
GALP.LS vs. ^GSPC - Volatility Comparison
Galp Energia SGPS S.A. (GALP.LS) has a higher volatility of 19.50% compared to S&P 500 (^GSPC) at 3.35%. This indicates that GALP.LS'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.