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:
0.59
^GSPC:
0.46
GBPUSD=X:
0.90
^GSPC:
0.77
GBPUSD=X:
1.11
^GSPC:
1.11
GBPUSD=X:
0.10
^GSPC:
0.47
GBPUSD=X:
1.00
^GSPC:
1.94
GBPUSD=X:
4.34%
^GSPC:
4.61%
GBPUSD=X:
7.09%
^GSPC:
19.44%
GBPUSD=X:
-49.30%
^GSPC:
-56.78%
GBPUSD=X:
-36.83%
^GSPC:
-10.07%
Returns By Period
In the year-to-date period, GBPUSD=X achieves a 6.39% return, which is significantly higher than ^GSPC's -6.06% return. Over the past 10 years, GBPUSD=X has underperformed ^GSPC with an annualized return of -1.35%, while ^GSPC has yielded a comparatively higher 10.11% annualized return.
GBPUSD=X
6.39%
3.30%
2.72%
6.39%
1.42%
-1.35%
^GSPC
-6.06%
-3.27%
-4.87%
9.44%
14.30%
10.11%
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. ^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 3.04%, while S&P 500 (^GSPC) has a volatility of 14.07%. 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.