OC vs. WFSPX
Compare and contrast key facts about Owens Corning (OC) and iShares S&P 500 Index Fund (WFSPX).
WFSPX is managed by Blackrock. It was launched on Jul 30, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OC or WFSPX.
Key characteristics
| OC | WFSPX | |
|---|---|---|
| YTD Return | 30.54% | 26.79% |
| 1Y Return | 55.95% | 37.33% |
| 3Y Return (Ann) | 28.42% | 9.83% |
| 5Y Return (Ann) | 26.08% | 15.66% |
| 10Y Return (Ann) | 20.46% | 13.10% |
| Sharpe Ratio | 1.87 | 3.03 |
| Sortino Ratio | 2.41 | 4.04 |
| Omega Ratio | 1.31 | 1.57 |
| Calmar Ratio | 3.21 | 4.41 |
| Martin Ratio | 9.29 | 19.94 |
| Ulcer Index | 5.99% | 1.87% |
| Daily Std Dev | 29.75% | 12.27% |
| Max Drawdown | -85.22% | -89.72% |
| Current Drawdown | -1.44% | -0.28% |
Correlation
The correlation between OC and WFSPX is 0.58, 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
OC vs. WFSPX - Performance Comparison
In the year-to-date period, OC achieves a 30.54% return, which is significantly higher than WFSPX's 26.79% return. Over the past 10 years, OC has outperformed WFSPX with an annualized return of 20.46%, while WFSPX has yielded a comparatively lower 13.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
OC vs. WFSPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Owens Corning (OC) and iShares S&P 500 Index Fund (WFSPX). 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.
Dividends
OC vs. WFSPX - Dividend Comparison
OC's dividend yield for the trailing twelve months is around 1.26%, more than WFSPX's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OC Owens Corning | 1.26% | 1.40% | 1.64% | 1.15% | 1.27% | 1.35% | 1.43% | 0.88% | 1.44% | 1.45% | 1.79% | 0.00% |
WFSPX iShares S&P 500 Index Fund | 1.20% | 1.44% | 1.69% | 1.25% | 1.55% | 1.99% | 2.03% | 1.74% | 2.07% | 1.95% | 1.84% | 1.70% |
Drawdowns
OC vs. WFSPX - Drawdown Comparison
The maximum OC drawdown since its inception was -85.22%, smaller than the maximum WFSPX drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for OC and WFSPX. For additional features, visit the drawdowns tool.
Volatility
OC vs. WFSPX - Volatility Comparison
Owens Corning (OC) has a higher volatility of 6.86% compared to iShares S&P 500 Index Fund (WFSPX) at 3.85%. This indicates that OC's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.