TAH.AX vs. ^GSPC
Compare and contrast key facts about Tabcorp Holdings Limited (TAH.AX) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TAH.AX or ^GSPC.
Correlation
The correlation between TAH.AX 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
TAH.AX vs. ^GSPC - Performance Comparison
Key characteristics
TAH.AX:
-0.05
^GSPC:
1.62
TAH.AX:
0.26
^GSPC:
2.20
TAH.AX:
1.03
^GSPC:
1.30
TAH.AX:
-0.04
^GSPC:
2.46
TAH.AX:
-0.09
^GSPC:
10.01
TAH.AX:
26.84%
^GSPC:
2.08%
TAH.AX:
46.82%
^GSPC:
12.88%
TAH.AX:
-66.10%
^GSPC:
-56.78%
TAH.AX:
-40.68%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, TAH.AX achieves a 17.70% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, TAH.AX has outperformed ^GSPC with an annualized return of 36.09%, while ^GSPC has yielded a comparatively lower 11.04% annualized return.
TAH.AX
17.70%
1.53%
21.75%
4.44%
17.70%
36.09%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
TAH.AX vs. ^GSPC — Risk-Adjusted Performance Rank
TAH.AX
^GSPC
TAH.AX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tabcorp Holdings Limited (TAH.AX) 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
TAH.AX vs. ^GSPC - Drawdown Comparison
The maximum TAH.AX drawdown since its inception was -66.10%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for TAH.AX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
TAH.AX vs. ^GSPC - Volatility Comparison
Tabcorp Holdings Limited (TAH.AX) has a higher volatility of 10.46% compared to S&P 500 (^GSPC) at 3.37%. This indicates that TAH.AX'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.