TPXG.L vs. ^GSPC
Compare and contrast key facts about Amundi Japan Topix UCITS ETF JPY (TPXG.L) and S&P 500 (^GSPC).
TPXG.L is a passively managed fund by Amundi that tracks the performance of the TOPIX TR JPY. It was launched on Apr 18, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TPXG.L or ^GSPC.
Correlation
The correlation between TPXG.L and ^GSPC is 0.48, 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
TPXG.L vs. ^GSPC - Performance Comparison
Key characteristics
TPXG.L:
0.29
^GSPC:
1.74
TPXG.L:
0.49
^GSPC:
2.36
TPXG.L:
1.07
^GSPC:
1.32
TPXG.L:
0.36
^GSPC:
2.62
TPXG.L:
1.04
^GSPC:
10.69
TPXG.L:
4.30%
^GSPC:
2.08%
TPXG.L:
15.66%
^GSPC:
12.76%
TPXG.L:
-49.79%
^GSPC:
-56.78%
TPXG.L:
-1.45%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, TPXG.L achieves a 2.83% return, which is significantly lower than ^GSPC's 4.01% return.
TPXG.L
2.83%
0.96%
3.71%
5.47%
6.66%
N/A
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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Risk-Adjusted Performance
TPXG.L vs. ^GSPC — Risk-Adjusted Performance Rank
TPXG.L
^GSPC
TPXG.L vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Japan Topix UCITS ETF JPY (TPXG.L) 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
TPXG.L vs. ^GSPC - Drawdown Comparison
The maximum TPXG.L drawdown since its inception was -49.79%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for TPXG.L and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
TPXG.L vs. ^GSPC - Volatility Comparison
Amundi Japan Topix UCITS ETF JPY (TPXG.L) has a higher volatility of 4.03% compared to S&P 500 (^GSPC) at 2.95%. This indicates that TPXG.L'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.