SAR vs. ^GSPC
Compare and contrast key facts about Saratoga Investment Corp. (SAR) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SAR or ^GSPC.
Correlation
The correlation between SAR and ^GSPC is 0.25, 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
SAR vs. ^GSPC - Performance Comparison
Key characteristics
SAR:
0.28
^GSPC:
2.07
SAR:
0.47
^GSPC:
2.76
SAR:
1.07
^GSPC:
1.39
SAR:
0.37
^GSPC:
3.05
SAR:
0.66
^GSPC:
13.27
SAR:
7.76%
^GSPC:
1.95%
SAR:
18.42%
^GSPC:
12.52%
SAR:
-90.83%
^GSPC:
-56.78%
SAR:
-6.44%
^GSPC:
-1.91%
Returns By Period
In the year-to-date period, SAR achieves a 3.52% return, which is significantly lower than ^GSPC's 25.25% return. Over the past 10 years, SAR has outperformed ^GSPC with an annualized return of 15.40%, while ^GSPC has yielded a comparatively lower 11.11% annualized return.
SAR
3.52%
-6.44%
10.65%
4.86%
8.56%
15.40%
^GSPC
25.25%
0.08%
9.66%
25.65%
13.17%
11.11%
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
SAR vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Saratoga Investment Corp. (SAR) 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
SAR vs. ^GSPC - Drawdown Comparison
The maximum SAR drawdown since its inception was -90.83%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SAR and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SAR vs. ^GSPC - Volatility Comparison
Saratoga Investment Corp. (SAR) has a higher volatility of 4.53% compared to S&P 500 (^GSPC) at 3.82%. This indicates that SAR'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.