HG=F vs. ^GSPC
Compare and contrast key facts about Copper (HG=F) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HG=F or ^GSPC.
Correlation
The correlation between HG=F and ^GSPC is 0.28, 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
HG=F vs. ^GSPC - Performance Comparison
Key characteristics
HG=F:
-0.17
^GSPC:
0.25
HG=F:
-0.07
^GSPC:
0.41
HG=F:
0.99
^GSPC:
1.06
HG=F:
-0.17
^GSPC:
0.30
HG=F:
-0.26
^GSPC:
1.15
HG=F:
15.01%
^GSPC:
3.18%
HG=F:
23.29%
^GSPC:
14.78%
HG=F:
-62.54%
^GSPC:
-56.78%
HG=F:
-8.48%
^GSPC:
-12.17%
Returns By Period
In the year-to-date period, HG=F achieves a 18.61% return, which is significantly higher than ^GSPC's -8.25% return. Over the past 10 years, HG=F has underperformed ^GSPC with an annualized return of 5.72%, while ^GSPC has yielded a comparatively higher 10.02% annualized return.
HG=F
18.61%
4.82%
6.09%
13.90%
16.33%
5.72%
^GSPC
-8.25%
-6.60%
-5.32%
3.55%
16.80%
10.02%
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
HG=F vs. ^GSPC — Risk-Adjusted Performance Rank
HG=F
^GSPC
HG=F vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Copper (HG=F) 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
HG=F vs. ^GSPC - Drawdown Comparison
The maximum HG=F drawdown since its inception was -62.54%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HG=F and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HG=F vs. ^GSPC - Volatility Comparison
Copper (HG=F) and S&P 500 (^GSPC) have volatilities of 7.03% and 6.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.