LFCBY vs. ^GSPC
Compare and contrast key facts about Lifco AB (publ) (LFCBY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LFCBY or ^GSPC.
Key characteristics
| LFCBY | ^GSPC | |
|---|---|---|
| YTD Return | 34.74% | 19.55% |
| Daily Std Dev | 60.71% | 12.75% |
| Max Drawdown | -13.82% | -56.78% |
| Current Drawdown | -12.45% | -0.19% |
Correlation
The correlation between LFCBY and ^GSPC is 0.13, 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
LFCBY vs. ^GSPC - Performance Comparison
In the year-to-date period, LFCBY achieves a 34.74% return, which is significantly higher than ^GSPC's 19.55% return. 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
LFCBY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lifco AB (publ) (LFCBY) 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.
Not enough dataDrawdowns
LFCBY vs. ^GSPC - Drawdown Comparison
The maximum LFCBY drawdown since its inception was -13.82%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for LFCBY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
LFCBY vs. ^GSPC - Volatility Comparison
Lifco AB (publ) (LFCBY) has a higher volatility of 22.38% compared to S&P 500 (^GSPC) at 4.31%. This indicates that LFCBY'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.