ICGA.DE vs. ^GSPC
Compare and contrast key facts about iShares MSCI China UCITS ETF USD Acc (ICGA.DE) and S&P 500 (^GSPC).
ICGA.DE is a passively managed fund by iShares that tracks the performance of the MSCI China. It was launched on Jun 20, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICGA.DE or ^GSPC.
Key characteristics
| ICGA.DE | ^GSPC | |
|---|---|---|
| YTD Return | 23.65% | 24.72% |
| 1Y Return | 12.08% | 32.12% |
| 3Y Return (Ann) | -7.44% | 8.33% |
| 5Y Return (Ann) | -1.42% | 13.81% |
| Sharpe Ratio | 0.55 | 2.66 |
| Sortino Ratio | 1.03 | 3.56 |
| Omega Ratio | 1.12 | 1.50 |
| Calmar Ratio | 0.27 | 3.81 |
| Martin Ratio | 1.61 | 17.03 |
| Ulcer Index | 9.37% | 1.90% |
| Daily Std Dev | 27.62% | 12.16% |
| Max Drawdown | -55.95% | -56.78% |
| Current Drawdown | -39.69% | -0.87% |
Correlation
The correlation between ICGA.DE and ^GSPC is 0.36, 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
ICGA.DE vs. ^GSPC - Performance Comparison
The year-to-date returns for both investments are quite close, with ICGA.DE having a 23.65% return and ^GSPC slightly higher at 24.72%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ICGA.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China UCITS ETF USD Acc (ICGA.DE) 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
ICGA.DE vs. ^GSPC - Drawdown Comparison
The maximum ICGA.DE drawdown since its inception was -55.95%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ICGA.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ICGA.DE vs. ^GSPC - Volatility Comparison
iShares MSCI China UCITS ETF USD Acc (ICGA.DE) has a higher volatility of 11.02% compared to S&P 500 (^GSPC) at 3.81%. This indicates that ICGA.DE'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.