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:
-0.16
^GSPC:
1.74
GBPUSD=X:
-0.17
^GSPC:
2.36
GBPUSD=X:
0.98
^GSPC:
1.32
GBPUSD=X:
-0.03
^GSPC:
2.62
GBPUSD=X:
-0.27
^GSPC:
10.69
GBPUSD=X:
4.05%
^GSPC:
2.08%
GBPUSD=X:
6.74%
^GSPC:
12.76%
GBPUSD=X:
-49.30%
^GSPC:
-56.78%
GBPUSD=X:
-39.94%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, GBPUSD=X achieves a 1.17% return, which is significantly lower than ^GSPC's 4.01% return. Over the past 10 years, GBPUSD=X has underperformed ^GSPC with an annualized return of -1.91%, while ^GSPC has yielded a comparatively higher 11.26% annualized return.
GBPUSD=X
1.17%
2.46%
-3.28%
0.17%
-0.47%
-1.91%
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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
GBP/USD (GBPUSD=X) has a higher volatility of 2.39% compared to S&P 500 (^GSPC) at 2.27%. This indicates that GBPUSD=X's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.