SEQUX vs. ^GSPC
Compare and contrast key facts about Sequoia Fund (SEQUX) and S&P 500 (^GSPC).
SEQUX is managed by Sequoia. It was launched on Jul 15, 1970.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SEQUX or ^GSPC.
Key characteristics
| SEQUX | ^GSPC | |
|---|---|---|
| YTD Return | 9.78% | 9.47% |
| 1Y Return | 33.45% | 26.61% |
| 3Y Return (Ann) | 2.82% | 7.78% |
| 5Y Return (Ann) | 9.75% | 12.90% |
| 10Y Return (Ann) | 7.38% | 10.79% |
| Sharpe Ratio | 2.66 | 2.28 |
| Daily Std Dev | 12.49% | 11.58% |
| Max Drawdown | -45.81% | -56.78% |
| Current Drawdown | -4.08% | -0.63% |
Correlation
The correlation between SEQUX and ^GSPC is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SEQUX vs. ^GSPC - Performance Comparison
The year-to-date returns for both stocks are quite close, with SEQUX having a 9.78% return and ^GSPC slightly lower at 9.47%. Over the past 10 years, SEQUX has underperformed ^GSPC with an annualized return of 7.38%, while ^GSPC has yielded a comparatively higher 10.79% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
SEQUX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sequoia Fund (SEQUX) 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
SEQUX vs. ^GSPC - Drawdown Comparison
The maximum SEQUX drawdown since its inception was -45.81%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SEQUX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SEQUX vs. ^GSPC - Volatility Comparison
Sequoia Fund (SEQUX) has a higher volatility of 3.96% compared to S&P 500 (^GSPC) at 3.61%. This indicates that SEQUX'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.