PFGC vs. ^SPXEW

Last updated Jun 4, 2026

PFGC (Performance Food Group Company) is a stock, while ^SPXEW (S&P 500 Equal Weighted Index) is an index. Over the past 10 years, PFGC returned 14.39%/yr vs 9.93%/yr for ^SPXEW. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

PFGC vs. ^SPXEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Performance Food Group Company (PFGC) and S&P 500 Equal Weighted Index (^SPXEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PFGC achieves a 7.36% return, which is significantly lower than ^SPXEW's 8.90% return. Over the past 10 years, PFGC has outperformed ^SPXEW with an annualized return of 14.39%, while ^SPXEW has yielded a comparatively lower 9.93% annualized return.

PFGC

• 1D: 0.34%
• 1M: 11.04%
• YTD: 7.36%
• 6M: 4.25%
• 1Y: 8.63%
• 3Y*: 19.10%
• 5Y*: 14.39%
• 10Y*: 14.39%

^SPXEW

• 1D: -0.42%
• 1M: 3.56%
• YTD: 8.90%
• 6M: 9.21%
• 1Y: 17.41%
• 3Y*: 13.23%
• 5Y*: 6.49%
• 10Y*: 9.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PFGC vs. ^SPXEW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PFGC Performance Food Group Company	7.36%	6.35%	22.27%	18.43%	27.24%	-3.61%	-7.52%	59.53%	-2.51%	37.92%
^SPXEW S&P 500 Equal Weighted Index	8.90%	9.34%	10.90%	11.56%	-13.11%	27.48%	10.47%	26.57%	-9.43%	16.68%

Correlation

The correlation between PFGC and ^SPXEW is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Oct 2, 2015	0.52

The correlation between PFGC and ^SPXEW shifts across timeframes, from 0.39 (1 year) to 0.57 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

PFGC vs. ^SPXEW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PFGC

PFGC Risk / Return Rank: 48
PFGC Sharpe Ratio Rank: 51
PFGC Sortino Ratio Rank: 46
PFGC Omega Ratio Rank: 44
PFGC Calmar Ratio Rank: 48
PFGC Martin Ratio Rank: 48

^SPXEW

^SPXEW Risk / Return Rank: 53
^SPXEW Sharpe Ratio Rank: 50
^SPXEW Sortino Ratio Rank: 52
^SPXEW Omega Ratio Rank: 51
^SPXEW Calmar Ratio Rank: 53
^SPXEW Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PFGC vs. ^SPXEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Performance Food Group Company (PFGC) and S&P 500 Equal Weighted Index (^SPXEW). 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.

	PFGC	^SPXEW	Difference
Sharpe ratio: Return per unit of total volatility	0.31	1.51	-1.20
Sortino ratio: Return per unit of downside risk	0.68	2.21	-1.53
Omega ratio: Gain probability vs. loss probability	1.08	1.26	-0.19
Calmar ratio: Return relative to maximum drawdown	0.34	2.18	-1.84
Martin ratio: Return relative to average drawdown	0.71	8.16	-7.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PFGC vs. ^SPXEW - Sharpe Ratio Comparison

The current PFGC Sharpe Ratio is 0.31, which is lower than the ^SPXEW Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of PFGC and ^SPXEW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PFGC	^SPXEW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.31	1.51	-1.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.40	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	0.54	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.49	-0.13

Drawdowns

PFGC vs. ^SPXEW - Drawdown Comparison

The maximum PFGC drawdown since its inception was -78.85%, which is greater than ^SPXEW's maximum drawdown of -60.83%. Use the drawdown chart below to compare losses from any high point for PFGC and ^SPXEW.

Drawdown Indicators

	PFGC	^SPXEW	Difference
Max Drawdown Largest peak-to-trough decline	-78.85%	-60.83%	-18.02%
Max Drawdown (1Y) Largest decline over 1 year	-25.47%	-8.03%	-17.44%
Max Drawdown (3Y) Largest decline over 3 years	-25.47%	-18.31%	-7.16%
Max Drawdown (5Y) Largest decline over 5 years	-32.34%	-22.47%	-9.87%
Max Drawdown (10Y) Largest decline over 10 years	-78.85%	-39.21%	-39.64%
Current Drawdown Current decline from peak	-11.20%	-0.42%	-10.78%
Average Drawdown Average peak-to-trough decline	-11.43%	-7.02%	-4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.17%	2.14%	+10.03%

Volatility

PFGC vs. ^SPXEW - Volatility Comparison

Performance Food Group Company (PFGC) has a higher volatility of 8.05% compared to S&P 500 Equal Weighted Index (^SPXEW) at 2.61%. This indicates that PFGC's price experiences larger fluctuations and is considered to be riskier than ^SPXEW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PFGC	^SPXEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.05%	2.61%	+5.44%
Volatility (6M) Calculated over the trailing 6-month period	23.14%	8.35%	+14.79%
Volatility (1Y) Calculated over the trailing 1-year period	28.07%	11.63%	+16.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.35%	16.24%	+16.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.99%	18.43%	+27.56%

Frequently Asked Questions

Can I hold both PFGC and ^SPXEW in my portfolio?

PFGC and ^SPXEW have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PFGC or ^SPXEW?

PFGC has higher volatility (8.05%) compared to ^SPXEW (2.61%). In terms of maximum drawdown, PFGC dropped -78.85% vs ^SPXEW's -60.83%.

Which has better risk-adjusted returns?

^SPXEW currently has the higher Sharpe Ratio (1.51 vs 0.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.