SPBC vs. ^GSPC
Compare and contrast key facts about Simplify US Equity PLUS GBTC ETF (SPBC) and S&P 500 (^GSPC).
SPBC is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 24, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPBC or ^GSPC.
Correlation
The correlation between SPBC and ^GSPC is 0.90, 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
SPBC vs. ^GSPC - Performance Comparison
Key characteristics
SPBC:
0.79
^GSPC:
0.55
SPBC:
1.24
^GSPC:
0.90
SPBC:
1.17
^GSPC:
1.13
SPBC:
0.83
^GSPC:
0.57
SPBC:
3.17
^GSPC:
2.21
SPBC:
5.52%
^GSPC:
4.84%
SPBC:
22.07%
^GSPC:
19.38%
SPBC:
-33.81%
^GSPC:
-56.78%
SPBC:
-8.62%
^GSPC:
-8.74%
Returns By Period
In the year-to-date period, SPBC achieves a -3.72% return, which is significantly higher than ^GSPC's -4.67% return.
SPBC
-3.72%
12.67%
1.18%
14.23%
N/A
N/A
^GSPC
-4.67%
10.50%
-3.04%
8.23%
14.30%
10.26%
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Risk-Adjusted Performance
SPBC vs. ^GSPC — Risk-Adjusted Performance Rank
SPBC
^GSPC
SPBC vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify US Equity PLUS GBTC ETF (SPBC) 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
SPBC vs. ^GSPC - Drawdown Comparison
The maximum SPBC drawdown since its inception was -33.81%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SPBC and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SPBC vs. ^GSPC - Volatility Comparison
Simplify US Equity PLUS GBTC ETF (SPBC) and S&P 500 (^GSPC) have volatilities of 11.85% and 11.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.