PUTW vs. ^GSPC
Compare and contrast key facts about WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) and S&P 500 (^GSPC).
PUTW is a passively managed fund by WisdomTree that tracks the performance of the CBOE S&P 500 PutWrite Index. It was launched on Feb 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PUTW or ^GSPC.
Correlation
The correlation between PUTW and ^GSPC is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PUTW vs. ^GSPC - Performance Comparison
Key characteristics
PUTW:
2.00
^GSPC:
2.10
PUTW:
2.61
^GSPC:
2.80
PUTW:
1.42
^GSPC:
1.39
PUTW:
2.54
^GSPC:
3.09
PUTW:
12.14
^GSPC:
13.49
PUTW:
1.58%
^GSPC:
1.94%
PUTW:
9.57%
^GSPC:
12.52%
PUTW:
-28.40%
^GSPC:
-56.78%
PUTW:
-1.84%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, PUTW achieves a 18.36% return, which is significantly lower than ^GSPC's 24.34% return.
PUTW
18.36%
0.49%
6.08%
18.81%
8.65%
N/A
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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
PUTW vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) 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
PUTW vs. ^GSPC - Drawdown Comparison
The maximum PUTW drawdown since its inception was -28.40%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PUTW and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
PUTW vs. ^GSPC - Volatility Comparison
The current volatility for WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) is 3.35%, while S&P 500 (^GSPC) has a volatility of 3.79%. This indicates that PUTW experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.