SMFG vs. ^GSPC
Compare and contrast key facts about Sumitomo Mitsui Financial Group, Inc. (SMFG) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMFG or ^GSPC.
Key characteristics
| SMFG | ^GSPC | |
|---|---|---|
| YTD Return | 22.00% | 10.00% |
| 1Y Return | 39.68% | 26.85% |
| 3Y Return (Ann) | 21.32% | 7.95% |
| 5Y Return (Ann) | 15.58% | 12.81% |
| 10Y Return (Ann) | 8.12% | 10.84% |
| Sharpe Ratio | 1.69 | 2.35 |
| Daily Std Dev | 25.70% | 11.56% |
| Max Drawdown | -84.50% | -56.78% |
| Current Drawdown | -9.38% | -0.15% |
Correlation
The correlation between SMFG and ^GSPC is 0.40, 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
SMFG vs. ^GSPC - Performance Comparison
In the year-to-date period, SMFG achieves a 22.00% return, which is significantly higher than ^GSPC's 10.00% return. Over the past 10 years, SMFG has underperformed ^GSPC with an annualized return of 8.12%, while ^GSPC has yielded a comparatively higher 10.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
SMFG vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sumitomo Mitsui Financial Group, Inc. (SMFG) 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
SMFG vs. ^GSPC - Drawdown Comparison
The maximum SMFG drawdown since its inception was -84.50%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SMFG and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SMFG vs. ^GSPC - Volatility Comparison
Sumitomo Mitsui Financial Group, Inc. (SMFG) has a higher volatility of 4.68% compared to S&P 500 (^GSPC) at 3.35%. This indicates that SMFG'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.