IBDRY vs. ^IBEX
Compare and contrast key facts about Iberdrola SA (IBDRY) and IBEX 35 Index (^IBEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBDRY or ^IBEX.
Correlation
The correlation between IBDRY and ^IBEX 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. ^IBEX - Performance Comparison
Key characteristics
IBDRY:
2.52
^IBEX:
1.30
IBDRY:
3.08
^IBEX:
1.71
IBDRY:
1.45
^IBEX:
1.25
IBDRY:
3.99
^IBEX:
0.62
IBDRY:
9.53
^IBEX:
6.74
IBDRY:
5.48%
^IBEX:
3.22%
IBDRY:
20.74%
^IBEX:
16.65%
IBDRY:
-76.63%
^IBEX:
-62.65%
IBDRY:
-1.07%
^IBEX:
-15.67%
Returns By Period
In the year-to-date period, IBDRY achieves a 32.09% return, which is significantly higher than ^IBEX's 15.97% return. Over the past 10 years, IBDRY has outperformed ^IBEX with an annualized return of 15.49%, while ^IBEX has yielded a comparatively lower 1.83% annualized return.
IBDRY
32.09%
7.56%
21.29%
50.33%
17.97%
15.49%
^IBEX
15.97%
8.25%
13.54%
23.88%
14.48%
1.83%
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Risk-Adjusted Performance
IBDRY vs. ^IBEX — Risk-Adjusted Performance Rank
IBDRY
^IBEX
IBDRY vs. ^IBEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Iberdrola SA (IBDRY) and IBEX 35 Index (^IBEX). 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. ^IBEX - Drawdown Comparison
The maximum IBDRY drawdown since its inception was -76.63%, which is greater than ^IBEX's maximum drawdown of -62.65%. Use the drawdown chart below to compare losses from any high point for IBDRY and ^IBEX. For additional features, visit the drawdowns tool.
Volatility
IBDRY vs. ^IBEX - Volatility Comparison
The current volatility for Iberdrola SA (IBDRY) is 10.75%, while IBEX 35 Index (^IBEX) has a volatility of 12.74%. This indicates that IBDRY experiences smaller price fluctuations and is considered to be less risky than ^IBEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.