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 0.26, 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
Returns By Period
GLUE
-3.89%
-6.97%
71.03%
38.67%
N/A
N/A
^XMI
N/A
N/A
N/A
N/A
N/A
N/A
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
GLUE vs. ^XMI — Risk-Adjusted Performance Rank
GLUE
^XMI
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
Volatility
GLUE vs. ^XMI - Volatility Comparison
Monte Rosa Therapeutics, Inc. (GLUE) has a higher volatility of 21.92% compared to NYSE Arca Major Market Index (^XMI) at 0.00%. 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.