GNE vs. ^SP600
GNE (Genie Energy Ltd.) is a stock, while ^SP600 (S&P 600) is an index. Over the past 10 years, GNE returned 12.06%/yr vs 9.21%/yr for ^SP600. Their 0.33 correlation means their historical movements had little consistent relationship.
Performance
GNE vs. ^SP600 - Performance Comparison
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Returns By Period
In the year-to-date period, GNE achieves a 2.01% return, which is significantly lower than ^SP600's 20.49% return. Over the past 10 years, GNE has outperformed ^SP600 with an annualized return of 12.06%, while ^SP600 has yielded a comparatively lower 9.21% annualized return.
GNE
- 1D
- -1.49%
- 1M
- -4.86%
- 6M
- 2.09%
- YTD
- 2.01%
- 1Y
- -29.70%
- 3Y*
- 3.13%
- 5Y*
- 21.91%
- 10Y*
- 12.06%
- ALL TIME*
- 6.48%
^SP600
- 1D
- -0.09%
- 1M
- -0.75%
- 6M
- 14.16%
- YTD
- 20.49%
- 1Y
- 33.67%
- 3Y*
- 11.49%
- 5Y*
- 5.69%
- 10Y*
- 9.21%
- ALL TIME*
- 9.53%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^SP600 S&P 600 | $181.92B | $87.47B | $30.78B |
| $950.33K | $1.11M | $1.18M |
GNE vs. ^SP600 - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GNE Genie Energy Ltd. | 2.01% | -9.91% | -43.56% | 177.26% | 95.26% | -21.65% | -2.76% | 32.91% | 46.22% | -20.42% |
^SP600 S&P 600 | 20.49% | 4.23% | 6.82% | 13.89% | -17.42% | 25.27% | 9.57% | 20.86% | -9.75% | 11.73% |
Correlation
The correlation between GNE and ^SP600 is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.36 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2011 | 0.33 |
The correlation between GNE and ^SP600 shifts across timeframes, from 0.31 (10 years) to 0.41 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GNE vs. ^SP600 — Risk / Return Rank
GNE
^SP600
GNE vs. ^SP600 - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Genie Energy Ltd. (GNE) and S&P 600 (^SP600). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GNE | ^SP600 | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.70 | ||
| Sortino ratioReturn per unit of downside risk | -3.73 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.32 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 3.54 | -4.38 |
| Martin ratioReturn relative to average drawdown | -1.03 | 12.09 | -13.12 |
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Drawdowns
GNE vs. ^SP600 - Drawdown Comparison
The maximum GNE drawdown since its inception was -75.12%, which is greater than ^SP600's maximum drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for GNE and ^SP600.
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Drawdown Indicators
| GNE | ^SP600 | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.12% | -59.17% | -15.95% |
Max Drawdown (1Y)Largest decline over 1 year | -36.02% | -8.94% | -27.08% |
Max Drawdown (3Y)Largest decline over 3 years | -55.52% | -28.39% | -27.13% |
Max Drawdown (5Y)Largest decline over 5 years | -55.52% | -28.39% | -27.13% |
Max Drawdown (10Y)Largest decline over 10 years | -57.65% | -45.77% | -11.88% |
Current DrawdownCurrent decline from peak | -52.33% | -1.98% | -50.35% |
Average DrawdownAverage peak-to-trough decline | -43.33% | -9.24% | -34.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.21% | 2.61% | +26.60% |
Volatility
GNE vs. ^SP600 - Volatility Comparison
Genie Energy Ltd. (GNE) has a higher volatility of 6.13% compared to S&P 600 (^SP600) at 3.43%. This indicates that GNE's price experiences larger fluctuations and is considered to be riskier than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GNE | ^SP600 | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.13% | 3.43% | +2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 19.98% | 11.67% | +8.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.65% | 17.40% | +17.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.68% | 21.31% | +21.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.69% | 23.14% | +21.55% |
Frequently Asked Questions
GNE and ^SP600 have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GNE has higher volatility (6.13%) compared to ^SP600 (3.43%). In terms of maximum drawdown, GNE dropped -75.12% vs ^SP600's -59.17%.
^SP600 currently has the higher Sharpe Ratio (1.82 vs -0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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