IGIC vs. ^GSPC
Compare and contrast key facts about International General Insurance Holdings Ltd. (IGIC) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGIC or ^GSPC.
Correlation
The correlation between IGIC and ^GSPC is 0.09, 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
IGIC vs. ^GSPC - Performance Comparison
Key characteristics
IGIC:
3.34
^GSPC:
1.74
IGIC:
4.12
^GSPC:
2.36
IGIC:
1.49
^GSPC:
1.32
IGIC:
8.02
^GSPC:
2.62
IGIC:
22.54
^GSPC:
10.69
IGIC:
4.87%
^GSPC:
2.08%
IGIC:
32.81%
^GSPC:
12.76%
IGIC:
-33.57%
^GSPC:
-56.78%
IGIC:
-3.00%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, IGIC achieves a 11.70% return, which is significantly higher than ^GSPC's 4.01% return.
IGIC
11.70%
8.19%
56.67%
111.76%
N/A
N/A
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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Risk-Adjusted Performance
IGIC vs. ^GSPC — Risk-Adjusted Performance Rank
IGIC
^GSPC
IGIC vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for International General Insurance Holdings Ltd. (IGIC) 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
IGIC vs. ^GSPC - Drawdown Comparison
The maximum IGIC drawdown since its inception was -33.57%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for IGIC and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
IGIC vs. ^GSPC - Volatility Comparison
International General Insurance Holdings Ltd. (IGIC) has a higher volatility of 8.19% compared to S&P 500 (^GSPC) at 3.01%. This indicates that IGIC'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.