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:
0.88
^GSPC:
2.07
NAESX:
1.30
^GSPC:
2.76
NAESX:
1.16
^GSPC:
1.39
NAESX:
1.27
^GSPC:
3.05
NAESX:
4.53
^GSPC:
13.27
NAESX:
3.30%
^GSPC:
1.95%
NAESX:
17.01%
^GSPC:
12.52%
NAESX:
-59.77%
^GSPC:
-56.78%
NAESX:
-7.40%
^GSPC:
-1.91%
Returns By Period
In the year-to-date period, NAESX achieves a 14.45% return, which is significantly lower than ^GSPC's 25.25% return. Over the past 10 years, NAESX has underperformed ^GSPC with an annualized return of 8.92%, while ^GSPC has yielded a comparatively higher 11.11% annualized return.
NAESX
14.45%
-6.10%
11.03%
14.29%
9.21%
8.92%
^GSPC
25.25%
0.08%
9.66%
25.65%
13.17%
11.11%
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Risk-Adjusted Performance
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 5.35% compared to S&P 500 (^GSPC) at 3.82%. 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.