GBPUSD=X vs. IVV
Compare and contrast key facts about GBP/USD (GBPUSD=X) and iShares Core S&P 500 ETF (IVV).
IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBPUSD=X or IVV.
Correlation
The correlation between GBPUSD=X and IVV is 0.15, 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. IVV - Performance Comparison
Key characteristics
GBPUSD=X:
0.41
IVV:
-0.09
GBPUSD=X:
0.63
IVV:
-0.01
GBPUSD=X:
1.08
IVV:
1.00
GBPUSD=X:
0.07
IVV:
-0.08
GBPUSD=X:
0.66
IVV:
-0.44
GBPUSD=X:
4.28%
IVV:
3.31%
GBPUSD=X:
6.97%
IVV:
15.85%
GBPUSD=X:
-49.30%
IVV:
-55.25%
GBPUSD=X:
-38.85%
IVV:
-17.32%
Returns By Period
In the year-to-date period, GBPUSD=X achieves a 3.00% return, which is significantly higher than IVV's -13.50% return. Over the past 10 years, GBPUSD=X has underperformed IVV with an annualized return of -1.33%, while IVV has yielded a comparatively higher 11.31% annualized return.
GBPUSD=X
3.00%
-0.04%
-1.75%
1.96%
0.96%
-1.33%
IVV
-13.50%
-13.12%
-11.24%
-0.21%
17.09%
11.31%
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Risk-Adjusted Performance
GBPUSD=X vs. IVV — Risk-Adjusted Performance Rank
GBPUSD=X
IVV
GBPUSD=X vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GBP/USD (GBPUSD=X) and iShares Core S&P 500 ETF (IVV). 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. IVV - Drawdown Comparison
The maximum GBPUSD=X drawdown since its inception was -49.30%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for GBPUSD=X and IVV. For additional features, visit the drawdowns tool.
Volatility
GBPUSD=X vs. IVV - Volatility Comparison
The current volatility for GBP/USD (GBPUSD=X) is 2.19%, while iShares Core S&P 500 ETF (IVV) has a volatility of 9.00%. This indicates that GBPUSD=X experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.