PHIN vs. ^GSPC
Compare and contrast key facts about PHINIA Inc. (PHIN) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHIN or ^GSPC.
Correlation
The correlation between PHIN and ^GSPC is 0.35, 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
PHIN vs. ^GSPC - Performance Comparison
Key characteristics
PHIN:
1.82
^GSPC:
1.62
PHIN:
2.66
^GSPC:
2.20
PHIN:
1.30
^GSPC:
1.30
PHIN:
3.94
^GSPC:
2.46
PHIN:
8.41
^GSPC:
10.01
PHIN:
7.70%
^GSPC:
2.08%
PHIN:
34.78%
^GSPC:
12.88%
PHIN:
-34.71%
^GSPC:
-56.78%
PHIN:
-10.13%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, PHIN achieves a 5.17% return, which is significantly higher than ^GSPC's 2.24% return.
PHIN
5.17%
-0.63%
5.34%
48.93%
N/A
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
PHIN vs. ^GSPC — Risk-Adjusted Performance Rank
PHIN
^GSPC
PHIN vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PHINIA Inc. (PHIN) 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
PHIN vs. ^GSPC - Drawdown Comparison
The maximum PHIN drawdown since its inception was -34.71%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PHIN and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
PHIN vs. ^GSPC - Volatility Comparison
PHINIA Inc. (PHIN) has a higher volatility of 10.58% compared to S&P 500 (^GSPC) at 3.43%. This indicates that PHIN'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.