MODL vs. ^GSPC
Compare and contrast key facts about Victoryshares Westend U.S. Sector ETF (MODL) and S&P 500 (^GSPC).
MODL is an actively managed fund by VictoryShares. It was launched on Oct 11, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MODL or ^GSPC.
Correlation
The correlation between MODL and ^GSPC is 0.95, 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.
Performance
MODL vs. ^GSPC - Performance Comparison
Key characteristics
MODL:
2.31
^GSPC:
2.10
MODL:
3.07
^GSPC:
2.80
MODL:
1.41
^GSPC:
1.39
MODL:
3.58
^GSPC:
3.09
MODL:
15.38
^GSPC:
13.49
MODL:
1.81%
^GSPC:
1.94%
MODL:
12.07%
^GSPC:
12.52%
MODL:
-10.05%
^GSPC:
-56.78%
MODL:
-2.63%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, MODL achieves a 25.90% return, which is significantly higher than ^GSPC's 24.34% return.
MODL
25.90%
0.85%
9.26%
26.77%
N/A
N/A
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
MODL vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Victoryshares Westend U.S. Sector ETF (MODL) 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
MODL vs. ^GSPC - Drawdown Comparison
The maximum MODL drawdown since its inception was -10.05%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for MODL and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
MODL vs. ^GSPC - Volatility Comparison
Victoryshares Westend U.S. Sector ETF (MODL) and S&P 500 (^GSPC) have volatilities of 3.62% and 3.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.