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:
0.18
^GSPC:
1.74
GLLSX:
0.33
^GSPC:
2.36
GLLSX:
1.04
^GSPC:
1.32
GLLSX:
0.07
^GSPC:
2.62
GLLSX:
0.46
^GSPC:
10.69
GLLSX:
5.27%
^GSPC:
2.08%
GLLSX:
13.60%
^GSPC:
12.76%
GLLSX:
-62.12%
^GSPC:
-56.78%
GLLSX:
-32.99%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, GLLSX achieves a 1.73% return, which is significantly lower than ^GSPC's 4.01% return. Over the past 10 years, GLLSX has underperformed ^GSPC with an annualized return of -0.22%, while ^GSPC has yielded a comparatively higher 11.26% annualized return.
GLLSX
1.73%
-0.40%
-5.01%
2.25%
-1.29%
-0.22%
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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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 3.67% compared to S&P 500 (^GSPC) at 3.01%. 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.