NAESX vs. ^GSPC
Compare and contrast key facts about Vanguard Small Cap Index Fund (NAESX) and S&P 500 (^GSPC).
NAESX is managed by Vanguard. It was launched on Oct 3, 1960.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NAESX or ^GSPC.
Correlation
The correlation between NAESX and ^GSPC is 0.81, 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
NAESX vs. ^GSPC - Performance Comparison
Key characteristics
NAESX:
0.03
^GSPC:
0.46
NAESX:
0.20
^GSPC:
0.77
NAESX:
1.03
^GSPC:
1.11
NAESX:
0.02
^GSPC:
0.47
NAESX:
0.08
^GSPC:
1.94
NAESX:
7.42%
^GSPC:
4.61%
NAESX:
22.38%
^GSPC:
19.44%
NAESX:
-59.77%
^GSPC:
-56.78%
NAESX:
-17.11%
^GSPC:
-10.07%
Returns By Period
In the year-to-date period, NAESX achieves a -10.21% return, which is significantly lower than ^GSPC's -6.06% return. Over the past 10 years, NAESX has underperformed ^GSPC with an annualized return of 7.49%, while ^GSPC has yielded a comparatively higher 10.27% annualized return.
NAESX
-10.21%
-3.03%
-8.38%
0.67%
12.01%
7.49%
^GSPC
-6.06%
-1.00%
-4.87%
8.34%
14.11%
10.27%
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Risk-Adjusted Performance
NAESX vs. ^GSPC — Risk-Adjusted Performance Rank
NAESX
^GSPC
NAESX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Small Cap Index Fund (NAESX) 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
NAESX vs. ^GSPC - Drawdown Comparison
The maximum NAESX drawdown since its inception was -59.77%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NAESX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
NAESX vs. ^GSPC - Volatility Comparison
Vanguard Small Cap Index Fund (NAESX) and S&P 500 (^GSPC) have volatilities of 14.82% and 14.23%, 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.