GBPUSD=X vs. ^GSPC
Compare and contrast key facts about GBP/USD (GBPUSD=X) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBPUSD=X or ^GSPC.
Correlation
The correlation between GBPUSD=X and ^GSPC is 0.08, 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
GBPUSD=X vs. ^GSPC - Performance Comparison
Key characteristics
GBPUSD=X:
0.73
^GSPC:
0.46
GBPUSD=X:
1.11
^GSPC:
0.78
GBPUSD=X:
1.13
^GSPC:
1.11
GBPUSD=X:
0.13
^GSPC:
0.48
GBPUSD=X:
1.24
^GSPC:
1.94
GBPUSD=X:
4.34%
^GSPC:
4.66%
GBPUSD=X:
7.13%
^GSPC:
19.45%
GBPUSD=X:
-49.30%
^GSPC:
-56.78%
GBPUSD=X:
-36.29%
^GSPC:
-10.02%
Returns By Period
In the year-to-date period, GBPUSD=X achieves a 7.30% return, which is significantly higher than ^GSPC's -6.00% return. Over the past 10 years, GBPUSD=X has underperformed ^GSPC with an annualized return of -1.15%, while ^GSPC has yielded a comparatively higher 10.15% annualized return.
GBPUSD=X
7.30%
3.76%
3.51%
7.50%
1.43%
-1.15%
^GSPC
-6.00%
-0.94%
-5.06%
8.41%
13.52%
10.15%
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Risk-Adjusted Performance
GBPUSD=X vs. ^GSPC — Risk-Adjusted Performance Rank
GBPUSD=X
^GSPC
GBPUSD=X vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GBP/USD (GBPUSD=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
GBPUSD=X vs. ^GSPC - Drawdown Comparison
The maximum GBPUSD=X drawdown since its inception was -49.30%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GBPUSD=X and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
GBPUSD=X vs. ^GSPC - Volatility Comparison
The current volatility for GBP/USD (GBPUSD=X) is 2.51%, while S&P 500 (^GSPC) has a volatility of 11.33%. This indicates that GBPUSD=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.