ODD vs. ^GSPC
Compare and contrast key facts about ODDITY Tech Ltd. Class A Ordinary Shares (ODD) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ODD or ^GSPC.
Correlation
The correlation between ODD and ^GSPC is 0.31, 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
ODD vs. ^GSPC - Performance Comparison
Key characteristics
ODD:
-0.01
^GSPC:
1.83
ODD:
0.43
^GSPC:
2.47
ODD:
1.05
^GSPC:
1.33
ODD:
-0.01
^GSPC:
2.76
ODD:
-0.03
^GSPC:
11.27
ODD:
16.44%
^GSPC:
2.08%
ODD:
53.89%
^GSPC:
12.79%
ODD:
-53.92%
^GSPC:
-56.78%
ODD:
-22.38%
^GSPC:
-0.07%
Returns By Period
In the year-to-date period, ODD achieves a 2.33% return, which is significantly lower than ^GSPC's 3.96% return.
ODD
2.33%
-4.17%
7.96%
7.93%
N/A
N/A
^GSPC
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
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Risk-Adjusted Performance
ODD vs. ^GSPC — Risk-Adjusted Performance Rank
ODD
^GSPC
ODD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ODDITY Tech Ltd. Class A Ordinary Shares (ODD) 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
ODD vs. ^GSPC - Drawdown Comparison
The maximum ODD drawdown since its inception was -53.92%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ODD and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ODD vs. ^GSPC - Volatility Comparison
ODDITY Tech Ltd. Class A Ordinary Shares (ODD) has a higher volatility of 13.38% compared to S&P 500 (^GSPC) at 3.21%. This indicates that ODD'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.