RGTIW vs. ^GSPC
Compare and contrast key facts about Rigetti Computing Inc. Warrants (RGTIW) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RGTIW or ^GSPC.
Correlation
The correlation between RGTIW and ^GSPC is 0.16, 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
RGTIW vs. ^GSPC - Performance Comparison
Key characteristics
RGTIW:
4.70
^GSPC:
1.62
RGTIW:
4.51
^GSPC:
2.20
RGTIW:
1.57
^GSPC:
1.30
RGTIW:
13.18
^GSPC:
2.46
RGTIW:
26.87
^GSPC:
10.01
RGTIW:
47.34%
^GSPC:
2.08%
RGTIW:
271.32%
^GSPC:
12.88%
RGTIW:
-97.60%
^GSPC:
-56.78%
RGTIW:
-56.35%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, RGTIW achieves a -39.41% return, which is significantly lower than ^GSPC's 2.24% return.
RGTIW
-39.41%
-37.13%
3,074.79%
1,371.28%
N/A
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
RGTIW vs. ^GSPC — Risk-Adjusted Performance Rank
RGTIW
^GSPC
RGTIW vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Rigetti Computing Inc. Warrants (RGTIW) 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
RGTIW vs. ^GSPC - Drawdown Comparison
The maximum RGTIW drawdown since its inception was -97.60%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RGTIW and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
RGTIW vs. ^GSPC - Volatility Comparison
Rigetti Computing Inc. Warrants (RGTIW) has a higher volatility of 30.68% compared to S&P 500 (^GSPC) at 3.43%. This indicates that RGTIW'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.