GLUE vs. ^XMI
Compare and contrast key facts about Monte Rosa Therapeutics, Inc. (GLUE) and NYSE Arca Major Market Index (^XMI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLUE or ^XMI.
Correlation
The correlation between GLUE and ^XMI is 0.27, 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
GLUE vs. ^XMI - Performance Comparison
Key characteristics
GLUE:
0.31
^XMI:
2.31
GLUE:
1.71
^XMI:
3.23
GLUE:
1.19
^XMI:
1.43
GLUE:
0.46
^XMI:
4.62
GLUE:
1.23
^XMI:
15.85
GLUE:
34.50%
^XMI:
1.46%
GLUE:
137.54%
^XMI:
10.02%
GLUE:
-94.08%
^XMI:
-47.65%
GLUE:
-83.35%
^XMI:
-0.18%
Returns By Period
In the year-to-date period, GLUE achieves a 24.42% return, which is significantly higher than ^XMI's 16.43% return.
GLUE
24.42%
-6.76%
98.59%
25.54%
N/A
N/A
^XMI
16.43%
0.88%
8.76%
16.97%
7.40%
7.71%
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Risk-Adjusted Performance
GLUE vs. ^XMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Monte Rosa Therapeutics, Inc. (GLUE) and NYSE Arca Major Market Index (^XMI). 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
GLUE vs. ^XMI - Drawdown Comparison
The maximum GLUE drawdown since its inception was -94.08%, which is greater than ^XMI's maximum drawdown of -47.65%. Use the drawdown chart below to compare losses from any high point for GLUE and ^XMI. For additional features, visit the drawdowns tool.
Volatility
GLUE vs. ^XMI - Volatility Comparison
Monte Rosa Therapeutics, Inc. (GLUE) has a higher volatility of 29.21% compared to NYSE Arca Major Market Index (^XMI) at 0.80%. This indicates that GLUE's price experiences larger fluctuations and is considered to be riskier than ^XMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.