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 0.69, 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.
Performance
IBDRY vs. ^IBEX - Performance Comparison
Key characteristics
IBDRY:
0.61
^IBEX:
1.36
IBDRY:
0.91
^IBEX:
1.88
IBDRY:
1.11
^IBEX:
1.23
IBDRY:
0.75
^IBEX:
0.47
IBDRY:
1.84
^IBEX:
6.50
IBDRY:
5.88%
^IBEX:
2.75%
IBDRY:
17.80%
^IBEX:
13.13%
IBDRY:
-78.93%
^IBEX:
-62.65%
IBDRY:
-12.42%
^IBEX:
-26.30%
Returns By Period
In the year-to-date period, IBDRY achieves a -1.54% return, which is significantly lower than ^IBEX's 1.35% return. Over the past 10 years, IBDRY has outperformed ^IBEX with an annualized return of 12.04%, while ^IBEX has yielded a comparatively lower 1.56% annualized return.
IBDRY
-1.54%
-1.45%
5.75%
9.19%
9.79%
12.04%
^IBEX
1.35%
0.00%
5.97%
16.62%
4.11%
1.56%
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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 -78.93%, 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
Iberdrola SA (IBDRY) has a higher volatility of 5.15% compared to IBEX 35 Index (^IBEX) at 4.48%. This indicates that IBDRY's price experiences larger fluctuations and is considered to be riskier than ^IBEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.