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:
0.68
^GSPC:
0.48
SAR:
0.76
^GSPC:
0.80
SAR:
1.12
^GSPC:
1.12
SAR:
0.74
^GSPC:
0.49
SAR:
2.83
^GSPC:
1.90
SAR:
3.74%
^GSPC:
4.90%
SAR:
21.71%
^GSPC:
19.37%
SAR:
-90.83%
^GSPC:
-56.78%
SAR:
-8.61%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, SAR achieves a -0.01% return, which is significantly higher than ^GSPC's -3.70% return. Over the past 10 years, SAR has outperformed ^GSPC with an annualized return of 13.79%, while ^GSPC has yielded a comparatively lower 10.43% annualized return.
SAR
-0.01%
6.94%
1.05%
14.59%
23.11%
13.79%
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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Risk-Adjusted Performance
SAR vs. ^GSPC — Risk-Adjusted Performance Rank
SAR
^GSPC
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 12.16% compared to S&P 500 (^GSPC) at 11.21%. 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.