IBTX vs. ^SP500TR
Compare and contrast key facts about Independent Bank Group, Inc. (IBTX) and S&P 500 Total Return (^SP500TR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBTX or ^SP500TR.
Correlation
The correlation between IBTX and ^SP500TR is 0.48, 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
IBTX vs. ^SP500TR - Performance Comparison
Key characteristics
Returns By Period
IBTX
N/A
N/A
N/A
N/A
N/A
N/A
^SP500TR
4.20%
1.25%
10.54%
24.47%
14.71%
13.29%
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Risk-Adjusted Performance
IBTX vs. ^SP500TR — Risk-Adjusted Performance Rank
IBTX
^SP500TR
IBTX vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Independent Bank Group, Inc. (IBTX) and S&P 500 Total Return (^SP500TR). 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
IBTX vs. ^SP500TR - Drawdown Comparison
Volatility
IBTX vs. ^SP500TR - Volatility Comparison
The current volatility for Independent Bank Group, Inc. (IBTX) is 0.00%, while S&P 500 Total Return (^SP500TR) has a volatility of 3.00%. This indicates that IBTX experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.