IQQI.DE vs. ^GSPC
Compare and contrast key facts about iShares Global Infrastructure UCITS ETF (IQQI.DE) and S&P 500 (^GSPC).
IQQI.DE is a passively managed fund by iShares that tracks the performance of the FTSE Global Core Infrastructure Index. It was launched on Nov 20, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQQI.DE or ^GSPC.
Key characteristics
| IQQI.DE | ^GSPC |
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Correlation
The correlation between IQQI.DE and ^GSPC is 0.24, 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
IQQI.DE vs. ^GSPC - Performance Comparison
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
IQQI.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure UCITS ETF (IQQI.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
IQQI.DE vs. ^GSPC - Drawdown Comparison
Volatility
IQQI.DE vs. ^GSPC - Volatility Comparison
The current volatility for iShares Global Infrastructure UCITS ETF (IQQI.DE) is 0.00%, while S&P 500 (^GSPC) has a volatility of 3.75%. This indicates that IQQI.DE experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.