MLTX vs. ^GSPC
Compare and contrast key facts about MoonLake Immunotherapeutics (MLTX) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MLTX or ^GSPC.
Correlation
The correlation between MLTX 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
MLTX vs. ^GSPC - Performance Comparison
Key characteristics
MLTX:
-0.23
^GSPC:
2.11
MLTX:
0.01
^GSPC:
2.82
MLTX:
1.00
^GSPC:
1.39
MLTX:
-0.29
^GSPC:
3.12
MLTX:
-0.46
^GSPC:
13.56
MLTX:
25.41%
^GSPC:
1.95%
MLTX:
50.12%
^GSPC:
12.53%
MLTX:
-64.60%
^GSPC:
-56.78%
MLTX:
-14.81%
^GSPC:
-0.86%
Returns By Period
In the year-to-date period, MLTX achieves a -9.92% return, which is significantly lower than ^GSPC's 26.58% return.
MLTX
-9.92%
2.95%
30.49%
-13.68%
N/A
N/A
^GSPC
26.58%
0.27%
10.12%
26.27%
13.29%
11.21%
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Risk-Adjusted Performance
MLTX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MoonLake Immunotherapeutics (MLTX) 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
MLTX vs. ^GSPC - Drawdown Comparison
The maximum MLTX drawdown since its inception was -64.60%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MLTX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MLTX vs. ^GSPC - Volatility Comparison
MoonLake Immunotherapeutics (MLTX) has a higher volatility of 15.93% compared to S&P 500 (^GSPC) at 3.95%. This indicates that MLTX'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.