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:
2.02
^GSPC:
1.74
PHIN:
2.91
^GSPC:
2.36
PHIN:
1.33
^GSPC:
1.32
PHIN:
4.34
^GSPC:
2.62
PHIN:
9.30
^GSPC:
10.69
PHIN:
7.67%
^GSPC:
2.08%
PHIN:
35.36%
^GSPC:
12.76%
PHIN:
-34.71%
^GSPC:
-56.78%
PHIN:
-5.73%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, PHIN achieves a 10.32% return, which is significantly higher than ^GSPC's 4.01% return.
PHIN
10.32%
4.52%
14.73%
59.66%
N/A
N/A
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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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 9.33% compared to S&P 500 (^GSPC) at 3.01%. 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.