SVNLY vs. ^GSPC
Compare and contrast key facts about Svenska Handelsbanken PK (SVNLY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVNLY or ^GSPC.
Correlation
The correlation between SVNLY and ^GSPC is 0.44, 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
SVNLY vs. ^GSPC - Performance Comparison
Key characteristics
SVNLY:
0.67
^GSPC:
1.74
SVNLY:
1.04
^GSPC:
2.36
SVNLY:
1.15
^GSPC:
1.32
SVNLY:
0.76
^GSPC:
2.62
SVNLY:
2.16
^GSPC:
10.69
SVNLY:
8.37%
^GSPC:
2.08%
SVNLY:
26.79%
^GSPC:
12.76%
SVNLY:
-47.49%
^GSPC:
-56.78%
SVNLY:
0.00%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, SVNLY achieves a 19.96% return, which is significantly higher than ^GSPC's 4.01% return. Over the past 10 years, SVNLY has underperformed ^GSPC with an annualized return of 4.08%, while ^GSPC has yielded a comparatively higher 11.26% annualized return.
SVNLY
19.96%
11.25%
23.09%
16.05%
10.68%
4.08%
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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Risk-Adjusted Performance
SVNLY vs. ^GSPC — Risk-Adjusted Performance Rank
SVNLY
^GSPC
SVNLY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Svenska Handelsbanken PK (SVNLY) 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
SVNLY vs. ^GSPC - Drawdown Comparison
The maximum SVNLY drawdown since its inception was -47.49%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SVNLY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SVNLY vs. ^GSPC - Volatility Comparison
Svenska Handelsbanken PK (SVNLY) has a higher volatility of 5.86% compared to S&P 500 (^GSPC) at 3.01%. This indicates that SVNLY'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.