GBP=X vs. ^GSPC
Compare and contrast key facts about USD/GBP (GBP=X) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBP=X or ^GSPC.
Correlation
The correlation between GBP=X and ^GSPC is 0.07, 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
GBP=X vs. ^GSPC - Performance Comparison
Key characteristics
GBP=X:
0.22
^GSPC:
1.74
GBP=X:
0.37
^GSPC:
2.35
GBP=X:
1.04
^GSPC:
1.32
GBP=X:
0.01
^GSPC:
2.61
GBP=X:
0.65
^GSPC:
10.66
GBP=X:
2.52%
^GSPC:
2.08%
GBP=X:
6.00%
^GSPC:
12.77%
GBP=X:
-34.89%
^GSPC:
-56.78%
GBP=X:
-14.81%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, GBP=X achieves a -0.35% return, which is significantly lower than ^GSPC's 4.46% return. Over the past 10 years, GBP=X has underperformed ^GSPC with an annualized return of 2.45%, while ^GSPC has yielded a comparatively higher 11.31% annualized return.
GBP=X
-0.35%
-3.35%
3.52%
-0.04%
0.52%
2.45%
^GSPC
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
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Risk-Adjusted Performance
GBP=X vs. ^GSPC — Risk-Adjusted Performance Rank
GBP=X
^GSPC
GBP=X vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USD/GBP (GBP=X) 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
GBP=X vs. ^GSPC - Drawdown Comparison
The maximum GBP=X drawdown since its inception was -34.89%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GBP=X and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
GBP=X vs. ^GSPC - Volatility Comparison
USD/GBP (GBP=X) has a higher volatility of 3.16% compared to S&P 500 (^GSPC) at 2.95%. This indicates that GBP=X'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.