GATEX vs. ^GSPC
Compare and contrast key facts about Gateway Fund (GATEX) and S&P 500 (^GSPC).
GATEX is managed by Natixis Funds. It was launched on Dec 6, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GATEX or ^GSPC.
Correlation
The correlation between GATEX and ^GSPC is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GATEX vs. ^GSPC - Performance Comparison
Key characteristics
GATEX:
2.00
^GSPC:
1.74
GATEX:
2.79
^GSPC:
2.35
GATEX:
1.39
^GSPC:
1.32
GATEX:
3.28
^GSPC:
2.61
GATEX:
13.08
^GSPC:
10.66
GATEX:
1.15%
^GSPC:
2.08%
GATEX:
7.56%
^GSPC:
12.77%
GATEX:
-28.57%
^GSPC:
-56.78%
GATEX:
0.00%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, GATEX achieves a 2.96% return, which is significantly lower than ^GSPC's 4.46% return. Over the past 10 years, GATEX has underperformed ^GSPC with an annualized return of 5.78%, while ^GSPC has yielded a comparatively higher 11.31% annualized return.
GATEX
2.96%
1.60%
6.66%
15.59%
7.03%
5.78%
^GSPC
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GATEX vs. ^GSPC — Risk-Adjusted Performance Rank
GATEX
^GSPC
GATEX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gateway Fund (GATEX) 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
GATEX vs. ^GSPC - Drawdown Comparison
The maximum GATEX drawdown since its inception was -28.57%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GATEX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
GATEX vs. ^GSPC - Volatility Comparison
The current volatility for Gateway Fund (GATEX) is 2.00%, while S&P 500 (^GSPC) has a volatility of 3.07%. This indicates that GATEX 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.