LOWV vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about AB US Low Volatility Equity ETF (LOWV) and S&P 500 Index (^GSPC).

LOWV is an actively managed fund by AllianceBernstein. It was launched on Mar 21, 2023.

Performance

LOWV vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB US Low Volatility Equity ETF (LOWV) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

LOWV vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LOWV AB US Low Volatility Equity ETF	-4.98%	12.26%	20.43%	20.41%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	21.15%

Returns By Period

In the year-to-date period, LOWV achieves a -4.98% return, which is significantly lower than ^GSPC's -3.95% return.

LOWV

• 1D: 0.58%
• 1M: -4.96%
• YTD: -4.98%
• 6M: -5.26%
• 1Y: 7.40%
• 3Y*: 14.37%
• 5Y*: —
• 10Y*: —

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

LOWV vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LOWV

LOWV Risk / Return Rank: 27
LOWV Sharpe Ratio Rank: 26
LOWV Sortino Ratio Rank: 25
LOWV Omega Ratio Rank: 26
LOWV Calmar Ratio Rank: 29
LOWV Martin Ratio Rank: 31

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LOWV vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB US Low Volatility Equity ETF (LOWV) and S&P 500 Index (^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.

	LOWV	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.50	0.92	-0.42
Sortino ratio Return per unit of downside risk	0.81	1.41	-0.61
Omega ratio Gain probability vs. loss probability	1.11	1.21	-0.10
Calmar ratio Return relative to maximum drawdown	0.74	1.41	-0.67
Martin ratio Return relative to average drawdown	2.89	6.61	-3.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LOWV vs. ^GSPC - Sharpe Ratio Comparison

The current LOWV Sharpe Ratio is 0.50, which is lower than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of LOWV and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LOWV	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.50	0.92	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.61	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.29	0.46	+0.83

Correlation

The correlation between LOWV and ^GSPC is 0.91, 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.

Drawdowns

LOWV vs. ^GSPC - Drawdown Comparison

The maximum LOWV drawdown since its inception was -13.87%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for LOWV and ^GSPC.

Drawdown Indicators

	LOWV	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-13.87%	-56.78%	+42.91%
Max Drawdown (1Y) Largest decline over 1 year	-10.23%	-12.14%	+1.91%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-6.79%	-5.78%	-1.01%
Average Drawdown Average peak-to-trough decline	-1.52%	-10.75%	+9.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	2.60%	+0.02%

Volatility

LOWV vs. ^GSPC - Volatility Comparison

The current volatility for AB US Low Volatility Equity ETF (LOWV) is 4.48%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that LOWV 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.

Volatility by Period

	LOWV	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.48%	5.37%	-0.89%
Volatility (6M) Calculated over the trailing 6-month period	8.35%	9.55%	-1.20%
Volatility (1Y) Calculated over the trailing 1-year period	14.89%	18.33%	-3.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.09%	16.90%	-4.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.09%	18.05%	-5.96%