ISMD vs. ^GSPC
Compare and contrast key facts about Inspire Small/Mid Cap Impact ETF (ISMD) and S&P 500 (^GSPC).
ISMD is a passively managed fund by Inspire that tracks the performance of the Inspire Small/Mid Cap Impact Equal Weight Index. It was launched on Feb 28, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ISMD or ^GSPC.
Correlation
The correlation between ISMD and ^GSPC is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ISMD vs. ^GSPC - Performance Comparison
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Key characteristics
ISMD:
-0.17
^GSPC:
0.44
ISMD:
-0.04
^GSPC:
0.79
ISMD:
0.99
^GSPC:
1.12
ISMD:
-0.11
^GSPC:
0.48
ISMD:
-0.34
^GSPC:
1.85
ISMD:
9.08%
^GSPC:
4.92%
ISMD:
22.19%
^GSPC:
19.37%
ISMD:
-43.58%
^GSPC:
-56.78%
ISMD:
-16.82%
^GSPC:
-7.88%
Returns By Period
In the year-to-date period, ISMD achieves a -9.84% return, which is significantly lower than ^GSPC's -3.77% return.
ISMD
-9.84%
9.31%
-15.24%
-3.65%
12.89%
N/A
^GSPC
-3.77%
7.44%
-5.60%
8.37%
14.12%
10.46%
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Risk-Adjusted Performance
ISMD vs. ^GSPC — Risk-Adjusted Performance Rank
ISMD
^GSPC
ISMD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Small/Mid Cap Impact ETF (ISMD) 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.
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Drawdowns
ISMD vs. ^GSPC - Drawdown Comparison
The maximum ISMD drawdown since its inception was -43.58%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ISMD and ^GSPC. For additional features, visit the drawdowns tool.
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Volatility
ISMD vs. ^GSPC - Volatility Comparison
The current volatility for Inspire Small/Mid Cap Impact ETF (ISMD) is 5.74%, while S&P 500 (^GSPC) has a volatility of 6.82%. This indicates that ISMD 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.
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