KSPI.L vs. ^GSPC
Compare and contrast key facts about Kaspi Bank Joint Stock Company (KSPI.L) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KSPI.L or ^GSPC.
Key characteristics
| KSPI.L | ^GSPC |
|---|
Correlation
The correlation between KSPI.L and ^GSPC is 0.17, 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
KSPI.L 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
KSPI.L vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kaspi Bank Joint Stock Company (KSPI.L) 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
KSPI.L vs. ^GSPC - Drawdown Comparison
Volatility
KSPI.L vs. ^GSPC - Volatility Comparison
The current volatility for Kaspi Bank Joint Stock Company (KSPI.L) is 0.00%, while S&P 500 (^GSPC) has a volatility of 3.81%. This indicates that KSPI.L 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.