STE vs. ^SP500TR
Compare and contrast key facts about STERIS plc (STE) and S&P 500 Total Return (^SP500TR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STE or ^SP500TR.
Correlation
The correlation between STE and ^SP500TR is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
STE vs. ^SP500TR - Performance Comparison
Key characteristics
STE:
-0.12
^SP500TR:
2.23
STE:
-0.03
^SP500TR:
2.97
STE:
1.00
^SP500TR:
1.42
STE:
-0.13
^SP500TR:
3.31
STE:
-0.35
^SP500TR:
14.64
STE:
7.34%
^SP500TR:
1.91%
STE:
21.13%
^SP500TR:
12.52%
STE:
-77.21%
^SP500TR:
-55.25%
STE:
-15.83%
^SP500TR:
-2.57%
Returns By Period
In the year-to-date period, STE achieves a -4.72% return, which is significantly lower than ^SP500TR's 26.03% return. Both investments have delivered pretty close results over the past 10 years, with STE having a 13.31% annualized return and ^SP500TR not far behind at 13.10%.
STE
-4.72%
-3.84%
-4.40%
-4.69%
7.49%
13.31%
^SP500TR
26.03%
0.36%
9.25%
26.67%
14.81%
13.10%
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Risk-Adjusted Performance
STE vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for STERIS plc (STE) and S&P 500 Total Return (^SP500TR). 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
STE vs. ^SP500TR - Drawdown Comparison
The maximum STE drawdown since its inception was -77.21%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for STE and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
STE vs. ^SP500TR - Volatility Comparison
STERIS plc (STE) has a higher volatility of 5.68% compared to S&P 500 Total Return (^SP500TR) at 3.79%. This indicates that STE's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.