Correlation
The correlation between GCINX and ^GSPC is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
GCINX vs. ^GSPC
Compare and contrast key facts about Green Century MSCI International Index Fund (GCINX) and S&P 500 (^GSPC).
GCINX is managed by Green Century. It was launched on Sep 30, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GCINX or ^GSPC.
Performance
GCINX vs. ^GSPC - Performance Comparison
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Key characteristics
GCINX:
0.70
^GSPC:
0.66
GCINX:
1.00
^GSPC:
0.94
GCINX:
1.13
^GSPC:
1.14
GCINX:
0.69
^GSPC:
0.60
GCINX:
1.98
^GSPC:
2.28
GCINX:
5.44%
^GSPC:
5.01%
GCINX:
16.77%
^GSPC:
19.77%
GCINX:
-35.37%
^GSPC:
-56.78%
GCINX:
-0.45%
^GSPC:
-3.78%
Returns By Period
In the year-to-date period, GCINX achieves a 12.21% return, which is significantly higher than ^GSPC's 0.51% return.
GCINX
12.21%
4.89%
7.82%
10.39%
9.09%
8.12%
N/A
^GSPC
0.51%
5.49%
-2.00%
12.02%
12.68%
14.19%
10.85%
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Risk-Adjusted Performance
GCINX vs. ^GSPC — Risk-Adjusted Performance Rank
GCINX
^GSPC
GCINX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Green Century MSCI International Index Fund (GCINX) 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.
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Drawdowns
GCINX vs. ^GSPC - Drawdown Comparison
The maximum GCINX drawdown since its inception was -35.37%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GCINX and ^GSPC.
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Volatility
GCINX vs. ^GSPC - Volatility Comparison
The current volatility for Green Century MSCI International Index Fund (GCINX) is 3.40%, while S&P 500 (^GSPC) has a volatility of 4.77%. This indicates that GCINX 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.
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