GLLSX vs. ^GSPC
Compare and contrast key facts about abrdn Emerging Markets ex-China Fund (GLLSX) and S&P 500 (^GSPC).
GLLSX is managed by Aberdeen. It was launched on Aug 29, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLLSX or ^GSPC.
Correlation
The correlation between GLLSX and ^GSPC is 0.75, 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.
Performance
GLLSX vs. ^GSPC - Performance Comparison
Key characteristics
GLLSX:
0.03
^GSPC:
1.62
GLLSX:
0.13
^GSPC:
2.20
GLLSX:
1.02
^GSPC:
1.30
GLLSX:
0.01
^GSPC:
2.46
GLLSX:
0.08
^GSPC:
10.01
GLLSX:
5.30%
^GSPC:
2.08%
GLLSX:
13.69%
^GSPC:
12.88%
GLLSX:
-62.12%
^GSPC:
-56.78%
GLLSX:
-34.02%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, GLLSX achieves a 0.16% return, which is significantly lower than ^GSPC's 2.24% return. Over the past 10 years, GLLSX has underperformed ^GSPC with an annualized return of -0.45%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
GLLSX
0.16%
-2.33%
-7.67%
-0.06%
-1.59%
-0.45%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
GLLSX vs. ^GSPC — Risk-Adjusted Performance Rank
GLLSX
^GSPC
GLLSX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Emerging Markets ex-China Fund (GLLSX) 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
GLLSX vs. ^GSPC - Drawdown Comparison
The maximum GLLSX drawdown since its inception was -62.12%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GLLSX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
GLLSX vs. ^GSPC - Volatility Comparison
abrdn Emerging Markets ex-China Fund (GLLSX) has a higher volatility of 3.94% compared to S&P 500 (^GSPC) at 3.43%. This indicates that GLLSX'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.