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:
0.14
^GSPC:
2.10
GBP=X:
0.25
^GSPC:
2.80
GBP=X:
1.03
^GSPC:
1.39
GBP=X:
0.04
^GSPC:
3.09
GBP=X:
0.20
^GSPC:
13.49
GBP=X:
4.06%
^GSPC:
1.94%
GBP=X:
5.63%
^GSPC:
12.52%
GBP=X:
-34.89%
^GSPC:
-56.78%
GBP=X:
-14.17%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, GBP=X achieves a 1.87% return, which is significantly lower than ^GSPC's 24.34% return. Over the past 10 years, GBP=X has underperformed ^GSPC with an annualized return of 1.84%, while ^GSPC has yielded a comparatively higher 11.06% annualized return.
GBP=X
1.87%
1.57%
1.29%
1.14%
0.64%
1.84%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
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
The current volatility for USD/GBP (GBP=X) is 2.54%, while S&P 500 (^GSPC) has a volatility of 3.64%. This indicates that GBP=X 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.