RNR vs. ^GSPC
Compare and contrast key facts about RenaissanceRe Holdings Ltd. (RNR) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNR or ^GSPC.
Correlation
The correlation between RNR and ^GSPC 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. ^GSPC - Performance Comparison
Loading data...
Key characteristics
RNR:
0.32
^GSPC:
0.64
RNR:
0.67
^GSPC:
1.01
RNR:
1.09
^GSPC:
1.15
RNR:
0.48
^GSPC:
0.65
RNR:
1.04
^GSPC:
2.49
RNR:
10.53%
^GSPC:
4.96%
RNR:
28.74%
^GSPC:
19.65%
RNR:
-45.67%
^GSPC:
-56.78%
RNR:
-14.12%
^GSPC:
-2.94%
Returns By Period
In the year-to-date period, RNR achieves a -0.92% return, which is significantly lower than ^GSPC's 1.39% return. Over the past 10 years, RNR has underperformed ^GSPC with an annualized return of 9.97%, while ^GSPC has yielded a comparatively higher 10.86% annualized return.
RNR
-0.92%
2.26%
-5.11%
7.96%
19.00%
9.47%
9.97%
^GSPC
1.39%
12.89%
1.19%
12.45%
15.19%
14.95%
10.86%
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
RNR vs. ^GSPC — Risk-Adjusted Performance Rank
RNR
^GSPC
RNR vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RenaissanceRe Holdings Ltd. (RNR) 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.
Loading data...
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. For additional features, visit the drawdowns tool.
Loading data...
Volatility
RNR vs. ^GSPC - Volatility Comparison
RenaissanceRe Holdings Ltd. (RNR) has a higher volatility of 9.65% compared to S&P 500 (^GSPC) at 5.42%. This indicates that RNR'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.
Loading data...