RNR vs. ^SP500TR
Compare and contrast key facts about RenaissanceRe Holdings Ltd. (RNR) and S&P 500 Total Return (^SP500TR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNR or ^SP500TR.
Correlation
The correlation between RNR and ^SP500TR 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
RNR vs. ^SP500TR - Performance Comparison
Key characteristics
RNR:
1.06
^SP500TR:
2.20
RNR:
1.49
^SP500TR:
2.91
RNR:
1.21
^SP500TR:
1.40
RNR:
1.66
^SP500TR:
3.35
RNR:
4.51
^SP500TR:
13.96
RNR:
5.77%
^SP500TR:
2.03%
RNR:
24.66%
^SP500TR:
12.88%
RNR:
-45.67%
^SP500TR:
-55.25%
RNR:
-10.31%
^SP500TR:
-1.40%
Returns By Period
In the year-to-date period, RNR achieves a 3.48% return, which is significantly higher than ^SP500TR's 2.01% return. Over the past 10 years, RNR has underperformed ^SP500TR with an annualized return of 11.45%, while ^SP500TR has yielded a comparatively higher 13.50% annualized return.
RNR
3.48%
6.40%
14.44%
23.54%
6.81%
11.45%
^SP500TR
2.01%
2.30%
9.66%
25.61%
14.31%
13.50%
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Risk-Adjusted Performance
RNR vs. ^SP500TR — Risk-Adjusted Performance Rank
RNR
^SP500TR
RNR vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RenaissanceRe Holdings Ltd. (RNR) and S&P 500 Total Return (^SP500TR). 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
RNR vs. ^SP500TR - Drawdown Comparison
The maximum RNR drawdown since its inception was -45.67%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for RNR and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
RNR vs. ^SP500TR - Volatility Comparison
RenaissanceRe Holdings Ltd. (RNR) has a higher volatility of 7.71% compared to S&P 500 Total Return (^SP500TR) at 5.07%. This indicates that RNR's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.