HPE vs. ^GSPC
Compare and contrast key facts about Hewlett Packard Enterprise Company (HPE) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HPE or ^GSPC.
Performance
HPE vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, HPE achieves a 27.31% return, which is significantly higher than ^GSPC's 24.05% return.
HPE
27.31%
6.06%
18.24%
39.48%
7.91%
N/A
^GSPC
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Key characteristics
| HPE | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 1.03 | 2.46 |
| Sortino Ratio | 1.63 | 3.31 |
| Omega Ratio | 1.22 | 1.46 |
| Calmar Ratio | 1.43 | 3.55 |
| Martin Ratio | 3.91 | 15.76 |
| Ulcer Index | 9.63% | 1.91% |
| Daily Std Dev | 36.43% | 12.23% |
| Max Drawdown | -56.88% | -56.78% |
| Current Drawdown | -3.90% | -1.40% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between HPE and ^GSPC is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
HPE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hewlett Packard Enterprise Company (HPE) 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
HPE vs. ^GSPC - Drawdown Comparison
The maximum HPE drawdown since its inception was -56.88%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for HPE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
HPE vs. ^GSPC - Volatility Comparison
Hewlett Packard Enterprise Company (HPE) has a higher volatility of 10.53% compared to S&P 500 (^GSPC) at 4.07%. This indicates that HPE'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.