TAH.AX vs. ^GSPC

Last updated Jun 5, 2026

TAH.AX (Tabcorp Holdings Limited) is a stock, while ^GSPC (S&P 500 Index) is an index. At a correlation of -0.06, they often move in opposite directions.

Performance

TAH.AX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Tabcorp Holdings Limited (TAH.AX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

TAH.AX is traded in AUD, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, TAH.AX achieves a -18.04% return, which is significantly lower than ^GSPC's 2.14% return.

TAH.AX

• 1D: 0.00%
• 1M: -30.43%
• YTD: -18.04%
• 6M: -14.14%
• 1Y: 15.46%
• 3Y*: -9.46%
• 5Y*: 10.22%
• 10Y*: 27.18%

^GSPC

• 1D: -1.45%
• 1M: 2.98%
• YTD: 2.14%
• 6M: 1.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TAH.AX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025
TAH.AX Tabcorp Holdings Limited	-18.04%	42.89%
^GSPC S&P 500 Index	2.14%	11.00%

Correlation

The correlation between TAH.AX and ^GSPC is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	-0.06

Return for Risk

TAH.AX vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TAH.AX

TAH.AX Risk / Return Rank: 51
TAH.AX Sharpe Ratio Rank: 51
TAH.AX Sortino Ratio Rank: 50
TAH.AX Omega Ratio Rank: 53
TAH.AX Calmar Ratio Rank: 50
TAH.AX Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TAH.AX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tabcorp Holdings Limited (TAH.AX) and S&P 500 Index (^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.

	TAH.AX	^GSPC	Difference
Sharpe ratio: Return per unit of total volatility	0.26	—	—
Sortino ratio: Return per unit of downside risk	0.83	—	—
Omega ratio: Gain probability vs. loss probability	1.12	—	—
Calmar ratio: Return relative to maximum drawdown	0.35	—	—
Martin ratio: Return relative to average drawdown	1.03	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TAH.AX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.26	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	1.34	-0.27

Drawdowns

TAH.AX vs. ^GSPC - Drawdown Comparison

The maximum TAH.AX drawdown since its inception was -66.11%, which is greater than ^GSPC's maximum drawdown of -11.69%. Use the drawdown chart below to compare losses from any high point for TAH.AX and ^GSPC.

Drawdown Indicators

	TAH.AX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-66.11%	-11.69%	-54.42%
Max Drawdown (1Y) Largest decline over 1 year	-42.06%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-65.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-66.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-66.11%	—	—
Current Drawdown Current decline from peak	-31.33%	-1.45%	-29.88%
Average Drawdown Average peak-to-trough decline	-7.33%	-2.68%	-4.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.16%	—	—

Volatility

Volatility by Period

	TAH.AX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	44.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	54.94%	10.07%	+44.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.86%	10.07%	+35.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.47%	10.07%	+31.40%

Frequently Asked Questions

Can I hold both TAH.AX and ^GSPC in my portfolio?

TAH.AX and ^GSPC have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.