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.
Performance
GBPUSD=X vs. IVV - Performance Comparison
Returns By Period
In the year-to-date period, GBPUSD=X achieves a -0.36% return, which is significantly lower than IVV's 25.45% return. Over the past 10 years, GBPUSD=X has underperformed IVV with an annualized return of -2.01%, while IVV has yielded a comparatively higher 13.13% annualized return.
GBPUSD=X
-0.36%
-2.75%
-0.19%
1.44%
-0.35%
-2.01%
IVV
25.45%
0.97%
11.84%
31.81%
15.61%
13.13%
Key characteristics
| GBPUSD=X | IVV | |
|---|---|---|
| Sharpe Ratio | 0.16 | 2.70 |
| Sortino Ratio | 0.26 | 3.60 |
| Omega Ratio | 1.03 | 1.50 |
| Calmar Ratio | 0.02 | 3.91 |
| Martin Ratio | 0.49 | 17.60 |
| Ulcer Index | 1.96% | 1.87% |
| Daily Std Dev | 6.13% | 12.17% |
| Max Drawdown | -49.30% | -55.25% |
| Current Drawdown | -39.82% | -1.40% |
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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.
Risk-Adjusted Performance
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 2.28%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.96%. 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.