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:
-0.22
^GSPC:
0.25
NAESX:
-0.18
^GSPC:
0.41
NAESX:
0.98
^GSPC:
1.06
NAESX:
-0.23
^GSPC:
0.30
NAESX:
-0.75
^GSPC:
1.15
NAESX:
5.59%
^GSPC:
3.18%
NAESX:
18.79%
^GSPC:
14.78%
NAESX:
-59.77%
^GSPC:
-56.78%
NAESX:
-18.65%
^GSPC:
-12.17%
Returns By Period
In the year-to-date period, NAESX achieves a -11.88% return, which is significantly lower than ^GSPC's -8.25% return. Over the past 10 years, NAESX has underperformed ^GSPC with an annualized return of 7.02%, while ^GSPC has yielded a comparatively higher 10.02% annualized return.
NAESX
-11.88%
-7.28%
-9.08%
-4.61%
16.27%
7.02%
^GSPC
-8.25%
-6.60%
-5.32%
3.55%
16.80%
10.02%
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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) has a higher volatility of 9.37% compared to S&P 500 (^GSPC) at 7.38%. This indicates that NAESX'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.