RELAX vs. ^GSPC
Compare and contrast key facts about FundX Conservative Upgrader Fund (RELAX) and S&P 500 (^GSPC).
RELAX is managed by Fund X. It was launched on Jun 30, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RELAX or ^GSPC.
Key characteristics
| RELAX | ^GSPC |
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Correlation
The correlation between RELAX and ^GSPC is 0.76, 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
RELAX vs. ^GSPC - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
RELAX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FundX Conservative Upgrader Fund (RELAX) 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
RELAX vs. ^GSPC - Drawdown Comparison
Volatility
RELAX vs. ^GSPC - Volatility Comparison
The current volatility for FundX Conservative Upgrader Fund (RELAX) is 0.00%, while S&P 500 (^GSPC) has a volatility of 3.99%. This indicates that RELAX 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.