GAUG vs. ^SP600
Compare and contrast key facts about FT Cboe Vest U.S. Equity Moderate Buffer ETF - August (GAUG) and S&P 600 (^SP600).
GAUG is a passively managed fund by FT Vest that tracks the performance of the S&P 500. It was launched on Aug 17, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GAUG or ^SP600.
Correlation
The correlation between GAUG and ^SP600 is 0.65, 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
GAUG vs. ^SP600 - Performance Comparison
Key characteristics
GAUG:
2.37
^SP600:
0.36
GAUG:
3.34
^SP600:
0.65
GAUG:
1.52
^SP600:
1.08
GAUG:
5.43
^SP600:
0.44
GAUG:
24.38
^SP600:
1.51
GAUG:
0.45%
^SP600:
4.47%
GAUG:
4.67%
^SP600:
18.95%
GAUG:
-4.88%
^SP600:
-59.17%
GAUG:
-0.74%
^SP600:
-10.75%
Returns By Period
In the year-to-date period, GAUG achieves a 1.55% return, which is significantly higher than ^SP600's -2.10% return.
GAUG
1.55%
-0.13%
4.54%
10.13%
N/A
N/A
^SP600
-2.10%
-5.11%
-2.37%
6.74%
6.44%
6.86%
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Risk-Adjusted Performance
GAUG vs. ^SP600 — Risk-Adjusted Performance Rank
GAUG
^SP600
GAUG vs. ^SP600 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Moderate Buffer ETF - August (GAUG) and S&P 600 (^SP600). 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
GAUG vs. ^SP600 - Drawdown Comparison
The maximum GAUG drawdown since its inception was -4.88%, smaller than the maximum ^SP600 drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for GAUG and ^SP600. For additional features, visit the drawdowns tool.
Volatility
GAUG vs. ^SP600 - Volatility Comparison
The current volatility for FT Cboe Vest U.S. Equity Moderate Buffer ETF - August (GAUG) is 1.08%, while S&P 600 (^SP600) has a volatility of 4.61%. This indicates that GAUG experiences smaller price fluctuations and is considered to be less risky than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.