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:
-0.02
IVV:
2.04
GBPUSD=X:
0.02
IVV:
2.72
GBPUSD=X:
1.00
IVV:
1.38
GBPUSD=X:
-0.00
IVV:
3.03
GBPUSD=X:
-0.04
IVV:
13.54
GBPUSD=X:
2.48%
IVV:
1.88%
GBPUSD=X:
6.17%
IVV:
12.49%
GBPUSD=X:
-49.30%
IVV:
-55.25%
GBPUSD=X:
-40.21%
IVV:
-3.52%
Returns By Period
In the year-to-date period, GBPUSD=X achieves a -1.01% return, which is significantly lower than IVV's 24.63% return. Over the past 10 years, GBPUSD=X has underperformed IVV with an annualized return of -2.06%, while IVV has yielded a comparatively higher 13.00% annualized return.
GBPUSD=X
-1.01%
-0.60%
-0.91%
-1.01%
-0.60%
-2.06%
IVV
24.63%
-0.30%
7.64%
24.80%
14.56%
13.00%
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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 2.12%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.58%. 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.