GBPUSD=X vs. SPY
Compare and contrast key facts about GBP/USD (GBPUSD=X) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GBPUSD=X or SPY.
Correlation
The correlation between GBPUSD=X and SPY is 0.09, 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. SPY - Performance Comparison
Key characteristics
GBPUSD=X:
0.59
SPY:
0.51
GBPUSD=X:
0.90
SPY:
0.86
GBPUSD=X:
1.11
SPY:
1.13
GBPUSD=X:
0.10
SPY:
0.55
GBPUSD=X:
1.00
SPY:
2.26
GBPUSD=X:
4.34%
SPY:
4.55%
GBPUSD=X:
7.09%
SPY:
20.08%
GBPUSD=X:
-49.30%
SPY:
-55.19%
GBPUSD=X:
-36.83%
SPY:
-9.89%
Returns By Period
In the year-to-date period, GBPUSD=X achieves a 6.39% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, GBPUSD=X has underperformed SPY with an annualized return of -1.41%, while SPY has yielded a comparatively higher 12.04% annualized return.
GBPUSD=X
6.39%
2.82%
2.72%
6.59%
1.32%
-1.41%
SPY
-5.76%
-2.90%
-4.30%
9.72%
15.64%
12.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GBPUSD=X vs. SPY — Risk-Adjusted Performance Rank
GBPUSD=X
SPY
GBPUSD=X vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GBP/USD (GBPUSD=X) and SPDR S&P 500 ETF (SPY). 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. SPY - Drawdown Comparison
The maximum GBPUSD=X drawdown since its inception was -49.30%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GBPUSD=X and SPY. For additional features, visit the drawdowns tool.
Volatility
GBPUSD=X vs. SPY - Volatility Comparison
The current volatility for GBP/USD (GBPUSD=X) is 3.04%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.97%. This indicates that GBPUSD=X experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.