RNR vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about RenaissanceRe Holdings Ltd. (RNR) and S&P 500 Index (^GSPC).

Performance

RNR vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RenaissanceRe Holdings Ltd. (RNR) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

RNR vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RNR RenaissanceRe Holdings Ltd.	5.31%	13.73%	27.76%	7.22%	9.86%	3.07%	-14.70%	47.76%	7.54%	-6.94%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, RNR achieves a 5.31% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, RNR has underperformed ^GSPC with an annualized return of 10.31%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

RNR

• 1D: -0.53%
• 1M: -3.57%
• YTD: 5.31%
• 6M: 15.62%
• 1Y: 21.42%
• 3Y*: 14.61%
• 5Y*: 13.25%
• 10Y*: 10.31%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

RNR vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RNR

RNR Risk / Return Rank: 69
RNR Sharpe Ratio Rank: 69
RNR Sortino Ratio Rank: 63
RNR Omega Ratio Rank: 59
RNR Calmar Ratio Rank: 74
RNR Martin Ratio Rank: 78

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RNR vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RenaissanceRe Holdings Ltd. (RNR) and S&P 500 Index (^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.

	RNR	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.83	0.92	-0.08
Sortino ratio Return per unit of downside risk	1.31	1.41	-0.11
Omega ratio Gain probability vs. loss probability	1.16	1.21	-0.06
Calmar ratio Return relative to maximum drawdown	1.80	1.41	+0.39
Martin ratio Return relative to average drawdown	5.73	6.61	-0.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RNR vs. ^GSPC - Sharpe Ratio Comparison

The current RNR Sharpe Ratio is 0.83, which is comparable to the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of RNR and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RNR	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	0.92	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.61	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.68	-0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.46	+0.10

Correlation

The correlation between RNR and ^GSPC is 0.34, 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.

Drawdowns

RNR vs. ^GSPC - Drawdown Comparison

The maximum RNR drawdown since its inception was -45.67%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RNR and ^GSPC.

Drawdown Indicators

	RNR	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-45.67%	-56.78%	+11.11%
Max Drawdown (1Y) Largest decline over 1 year	-13.27%	-12.14%	-1.13%
Max Drawdown (5Y) Largest decline over 5 years	-27.71%	-25.43%	-2.28%
Max Drawdown (10Y) Largest decline over 10 years	-40.66%	-33.92%	-6.74%
Current Drawdown Current decline from peak	-4.77%	-5.78%	+1.01%
Average Drawdown Average peak-to-trough decline	-10.29%	-10.75%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.18%	2.60%	+1.58%

Volatility

RNR vs. ^GSPC - Volatility Comparison

The current volatility for RenaissanceRe Holdings Ltd. (RNR) is 3.93%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that RNR 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.

Volatility by Period

	RNR	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	5.37%	-1.44%
Volatility (6M) Calculated over the trailing 6-month period	17.59%	9.55%	+8.04%
Volatility (1Y) Calculated over the trailing 1-year period	25.93%	18.33%	+7.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.58%	16.90%	+10.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.77%	18.05%	+8.72%