NESN.SW vs. ^GSPC
Compare and contrast key facts about Nestlé S.A. (NESN.SW) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NESN.SW or ^GSPC.
Correlation
The correlation between NESN.SW and ^GSPC is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NESN.SW vs. ^GSPC - Performance Comparison
Key characteristics
NESN.SW:
-1.34
^GSPC:
1.74
NESN.SW:
-1.79
^GSPC:
2.35
NESN.SW:
0.78
^GSPC:
1.32
NESN.SW:
-0.58
^GSPC:
2.62
NESN.SW:
-1.83
^GSPC:
10.82
NESN.SW:
12.07%
^GSPC:
2.05%
NESN.SW:
16.42%
^GSPC:
12.77%
NESN.SW:
-39.85%
^GSPC:
-56.78%
NESN.SW:
-37.94%
^GSPC:
-4.06%
Returns By Period
In the year-to-date period, NESN.SW achieves a -0.96% return, which is significantly lower than ^GSPC's -0.66% return. Over the past 10 years, NESN.SW has underperformed ^GSPC with an annualized return of 4.25%, while ^GSPC has yielded a comparatively higher 11.24% annualized return.
NESN.SW
-0.96%
-1.36%
-19.93%
-21.24%
-4.21%
4.25%
^GSPC
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
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Risk-Adjusted Performance
NESN.SW vs. ^GSPC — Risk-Adjusted Performance Rank
NESN.SW
^GSPC
NESN.SW vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nestlé S.A. (NESN.SW) 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
NESN.SW vs. ^GSPC - Drawdown Comparison
The maximum NESN.SW drawdown since its inception was -39.85%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NESN.SW and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
NESN.SW vs. ^GSPC - Volatility Comparison
The current volatility for Nestlé S.A. (NESN.SW) is 3.86%, while S&P 500 (^GSPC) has a volatility of 4.56%. This indicates that NESN.SW experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.