MODG vs. ^GSPC
Compare and contrast key facts about Callaway Golf Company (MODG) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MODG or ^GSPC.
Key characteristics
| MODG | ^GSPC | |
|---|---|---|
| YTD Return | -41.42% | 24.72% |
| 1Y Return | -29.29% | 32.12% |
| 3Y Return (Ann) | -34.49% | 8.33% |
| 5Y Return (Ann) | -16.30% | 13.81% |
| 10Y Return (Ann) | 1.11% | 11.31% |
| Sharpe Ratio | -0.55 | 2.66 |
| Sortino Ratio | -0.56 | 3.56 |
| Omega Ratio | 0.93 | 1.50 |
| Calmar Ratio | -0.32 | 3.81 |
| Martin Ratio | -1.21 | 17.03 |
| Ulcer Index | 20.67% | 1.90% |
| Daily Std Dev | 45.57% | 12.16% |
| Max Drawdown | -84.37% | -56.78% |
| Current Drawdown | -77.47% | -0.87% |
Correlation
The correlation between MODG and ^GSPC is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
MODG vs. ^GSPC - Performance Comparison
In the year-to-date period, MODG achieves a -41.42% return, which is significantly lower than ^GSPC's 24.72% return. Over the past 10 years, MODG has underperformed ^GSPC with an annualized return of 1.11%, while ^GSPC has yielded a comparatively higher 11.31% annualized 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
MODG vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Callaway Golf Company (MODG) 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
MODG vs. ^GSPC - Drawdown Comparison
The maximum MODG drawdown since its inception was -84.37%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MODG and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MODG vs. ^GSPC - Volatility Comparison
Callaway Golf Company (MODG) has a higher volatility of 11.98% compared to S&P 500 (^GSPC) at 3.81%. This indicates that MODG'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.