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:
-0.56
^GSPC:
1.74
SNAX:
-0.48
^GSPC:
2.35
SNAX:
0.94
^GSPC:
1.32
SNAX:
-0.57
^GSPC:
2.61
SNAX:
-1.35
^GSPC:
10.66
SNAX:
42.00%
^GSPC:
2.08%
SNAX:
102.04%
^GSPC:
12.77%
SNAX:
-99.72%
^GSPC:
-56.78%
SNAX:
-99.66%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, SNAX achieves a 2.83% return, which is significantly lower than ^GSPC's 4.46% return.
SNAX
2.83%
-11.97%
-63.63%
-51.10%
-67.41%
N/A
^GSPC
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
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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 55.42% compared to S&P 500 (^GSPC) at 3.07%. 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.