JKS vs. ^GSPC
Compare and contrast key facts about JinkoSolar Holding Co., Ltd. (JKS) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JKS or ^GSPC.
Correlation
The correlation between JKS and ^GSPC is 0.37, 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
JKS vs. ^GSPC - Performance Comparison
Key characteristics
JKS:
-0.27
^GSPC:
2.10
JKS:
0.10
^GSPC:
2.80
JKS:
1.01
^GSPC:
1.39
JKS:
-0.26
^GSPC:
3.09
JKS:
-0.59
^GSPC:
13.49
JKS:
34.66%
^GSPC:
1.94%
JKS:
75.33%
^GSPC:
12.52%
JKS:
-94.84%
^GSPC:
-56.78%
JKS:
-69.29%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, JKS achieves a -30.37% return, which is significantly lower than ^GSPC's 24.34% return. Over the past 10 years, JKS has underperformed ^GSPC with an annualized return of 3.54%, while ^GSPC has yielded a comparatively higher 11.06% annualized return.
JKS
-30.37%
6.20%
11.79%
-26.90%
4.09%
3.54%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
JKS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JinkoSolar Holding Co., Ltd. (JKS) 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
JKS vs. ^GSPC - Drawdown Comparison
The maximum JKS drawdown since its inception was -94.84%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for JKS and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
JKS vs. ^GSPC - Volatility Comparison
JinkoSolar Holding Co., Ltd. (JKS) has a higher volatility of 20.67% compared to S&P 500 (^GSPC) at 3.79%. This indicates that JKS'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.