SNAX vs. ^GSPC
Compare and contrast key facts about Stryve Foods, Inc. (SNAX) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNAX or ^GSPC.
Correlation
The correlation between SNAX and ^GSPC is 0.17, 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
SNAX vs. ^GSPC - Performance Comparison
Key characteristics
SNAX:
-0.57
^GSPC:
1.62
SNAX:
-0.53
^GSPC:
2.20
SNAX:
0.94
^GSPC:
1.30
SNAX:
-0.59
^GSPC:
2.46
SNAX:
-1.37
^GSPC:
10.01
SNAX:
42.51%
^GSPC:
2.08%
SNAX:
102.55%
^GSPC:
12.88%
SNAX:
-99.72%
^GSPC:
-56.78%
SNAX:
-99.71%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, SNAX achieves a -12.38% return, which is significantly lower than ^GSPC's 2.24% return.
SNAX
-12.38%
-26.71%
-67.67%
-60.11%
-68.41%
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
SNAX vs. ^GSPC — Risk-Adjusted Performance Rank
SNAX
^GSPC
SNAX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Stryve Foods, Inc. (SNAX) 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
SNAX vs. ^GSPC - Drawdown Comparison
The maximum SNAX drawdown since its inception was -99.72%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SNAX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SNAX vs. ^GSPC - Volatility Comparison
Stryve Foods, Inc. (SNAX) has a higher volatility of 56.38% compared to S&P 500 (^GSPC) at 3.43%. This indicates that SNAX'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.