NVEE vs. ^GSPC
Compare and contrast key facts about NV5 Global, Inc. (NVEE) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVEE or ^GSPC.
Correlation
The correlation between NVEE and ^GSPC is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NVEE vs. ^GSPC - Performance Comparison
Key characteristics
NVEE:
-1.22
^GSPC:
1.83
NVEE:
-1.76
^GSPC:
2.47
NVEE:
0.79
^GSPC:
1.33
NVEE:
-0.61
^GSPC:
2.76
NVEE:
-1.66
^GSPC:
11.27
NVEE:
19.94%
^GSPC:
2.08%
NVEE:
26.79%
^GSPC:
12.79%
NVEE:
-67.98%
^GSPC:
-56.78%
NVEE:
-54.29%
^GSPC:
-0.07%
Returns By Period
In the year-to-date period, NVEE achieves a -7.17% return, which is significantly lower than ^GSPC's 3.96% return. Over the past 10 years, NVEE has outperformed ^GSPC with an annualized return of 18.77%, while ^GSPC has yielded a comparatively lower 11.33% annualized return.
NVEE
-7.17%
-5.00%
-26.98%
-36.57%
1.00%
18.77%
^GSPC
3.96%
1.97%
10.09%
22.16%
12.70%
11.33%
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Risk-Adjusted Performance
NVEE vs. ^GSPC — Risk-Adjusted Performance Rank
NVEE
^GSPC
NVEE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NV5 Global, Inc. (NVEE) 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
NVEE vs. ^GSPC - Drawdown Comparison
The maximum NVEE drawdown since its inception was -67.98%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for NVEE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
NVEE vs. ^GSPC - Volatility Comparison
NV5 Global, Inc. (NVEE) has a higher volatility of 10.03% compared to S&P 500 (^GSPC) at 3.21%. This indicates that NVEE'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.