IBDRY vs. ^GSPC
Compare and contrast key facts about Iberdrola SA (IBDRY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBDRY or ^GSPC.
Correlation
The correlation between IBDRY and ^GSPC is 0.33, 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
IBDRY vs. ^GSPC - Performance Comparison
Key characteristics
IBDRY:
0.61
^GSPC:
1.74
IBDRY:
0.91
^GSPC:
2.35
IBDRY:
1.11
^GSPC:
1.32
IBDRY:
0.75
^GSPC:
2.62
IBDRY:
1.84
^GSPC:
10.82
IBDRY:
5.88%
^GSPC:
2.05%
IBDRY:
17.80%
^GSPC:
12.77%
IBDRY:
-78.93%
^GSPC:
-56.78%
IBDRY:
-12.42%
^GSPC:
-4.06%
Returns By Period
In the year-to-date period, IBDRY achieves a -1.54% return, which is significantly lower than ^GSPC's -0.66% return. Over the past 10 years, IBDRY has outperformed ^GSPC with an annualized return of 12.04%, while ^GSPC has yielded a comparatively lower 11.24% annualized return.
IBDRY
-1.54%
-1.45%
5.75%
9.19%
9.79%
12.04%
^GSPC
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
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Risk-Adjusted Performance
IBDRY vs. ^GSPC — Risk-Adjusted Performance Rank
IBDRY
^GSPC
IBDRY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Iberdrola SA (IBDRY) 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
IBDRY vs. ^GSPC - Drawdown Comparison
The maximum IBDRY drawdown since its inception was -78.93%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for IBDRY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
IBDRY vs. ^GSPC - Volatility Comparison
Iberdrola SA (IBDRY) has a higher volatility of 5.22% compared to S&P 500 (^GSPC) at 4.57%. This indicates that IBDRY'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.