NMSCX vs. ^GSPC
Compare and contrast key facts about Columbia Small Cap Index Fund (NMSCX) and S&P 500 (^GSPC).
NMSCX is managed by Columbia Threadneedle. It was launched on Oct 15, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NMSCX or ^GSPC.
Correlation
The correlation between NMSCX 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
NMSCX vs. ^GSPC - Performance Comparison
Key characteristics
NMSCX:
-0.03
^GSPC:
1.77
NMSCX:
0.11
^GSPC:
2.39
NMSCX:
1.01
^GSPC:
1.32
NMSCX:
-0.02
^GSPC:
2.66
NMSCX:
-0.08
^GSPC:
10.85
NMSCX:
7.27%
^GSPC:
2.08%
NMSCX:
21.17%
^GSPC:
12.79%
NMSCX:
-68.04%
^GSPC:
-56.78%
NMSCX:
-24.43%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, NMSCX achieves a 2.18% return, which is significantly lower than ^GSPC's 4.22% return. Over the past 10 years, NMSCX has underperformed ^GSPC with an annualized return of 1.29%, while ^GSPC has yielded a comparatively higher 11.29% annualized return.
NMSCX
2.18%
-0.21%
-3.24%
-1.79%
1.16%
1.29%
^GSPC
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
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Risk-Adjusted Performance
NMSCX vs. ^GSPC — Risk-Adjusted Performance Rank
NMSCX
^GSPC
NMSCX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Small Cap Index Fund (NMSCX) 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
NMSCX vs. ^GSPC - Drawdown Comparison
The maximum NMSCX drawdown since its inception was -68.04%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NMSCX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
NMSCX vs. ^GSPC - Volatility Comparison
Columbia Small Cap Index Fund (NMSCX) has a higher volatility of 4.14% compared to S&P 500 (^GSPC) at 3.19%. This indicates that NMSCX'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.