UNI.MI vs. ^GSPC
UNI.MI (Unipol Gruppo S.p.A.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, UNI.MI returned 35.05%/yr vs 12.65%/yr for ^GSPC. At a 0.26 correlation, their price movements are largely independent.
Performance
UNI.MI vs. ^GSPC - Performance Comparison
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Different Trading Currencies
UNI.MI is traded in EUR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, UNI.MI achieves a 34.51% return, which is significantly higher than ^GSPC's 11.89% return. Over the past 10 years, UNI.MI has outperformed ^GSPC with an annualized return of 35.05%, while ^GSPC has yielded a comparatively lower 12.65% annualized return.
UNI.MI
- 1D
- 0.88%
- 1M
- 7.93%
- 6M
- 36.30%
- YTD
- 34.51%
- 1Y
- 65.19%
- 3Y*
- 81.93%
- 5Y*
- 52.74%
- 10Y*
- 35.05%
- ALL TIME*
- 1.76%
^GSPC
- 1D
- 0.01%
- 1M
- -0.35%
- 6M
- 8.98%
- YTD
- 11.89%
- 1Y
- 20.36%
- 3Y*
- 16.94%
- 5Y*
- 12.03%
- 10Y*
- 12.65%
- ALL TIME*
- 10.08%
UNI.MI vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UNI.MI Unipol Gruppo S.p.A. | 34.51% | 79.85% | 143.12% | 21.95% | 1.43% | 36.88% | -15.68% | 51.41% | -6.00% | 19.55% |
^GSPC S&P 500 Index | 11.89% | 2.58% | 31.45% | 20.51% | -14.45% | 36.38% | 6.68% | 31.79% | -1.84% | 4.74% |
Correlation
The correlation between UNI.MI and ^GSPC is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2007 | 0.26 |
The correlation between UNI.MI and ^GSPC shifts across timeframes, from 0.11 (3 years) to 0.26 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
UNI.MI vs. ^GSPC — Risk / Return Rank
UNI.MI
^GSPC
UNI.MI vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Unipol Gruppo S.p.A. (UNI.MI) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UNI.MI | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.30 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 5.68 | 2.70 | +2.98 |
| Martin ratioReturn relative to average drawdown | 16.07 | 9.96 | +6.11 |
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Drawdowns
UNI.MI vs. ^GSPC - Drawdown Comparison
The maximum UNI.MI drawdown since its inception was -97.26%, which is greater than ^GSPC's maximum drawdown of -50.14%. Use the drawdown chart below to compare losses from any high point for UNI.MI and ^GSPC.
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Drawdown Indicators
| UNI.MI | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.26% | -50.14% | -47.12% |
Max Drawdown (1Y)Largest decline over 1 year | -11.48% | -7.57% | -3.91% |
Max Drawdown (3Y)Largest decline over 3 years | -19.78% | -23.99% | +4.21% |
Max Drawdown (5Y)Largest decline over 5 years | -27.19% | -23.99% | -3.20% |
Max Drawdown (10Y)Largest decline over 10 years | -54.15% | -33.42% | -20.73% |
Current DrawdownCurrent decline from peak | -1.39% | -1.73% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -73.39% | -8.49% | -64.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.06% | 2.05% | +2.01% |
Volatility
UNI.MI vs. ^GSPC - Volatility Comparison
Unipol Gruppo S.p.A. (UNI.MI) has a higher volatility of 8.66% compared to S&P 500 Index (^GSPC) at 2.79%. This indicates that UNI.MI'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.
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Volatility by Period
| UNI.MI | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.66% | 2.79% | +5.87% |
Volatility (6M)Calculated over the trailing 6-month period | 22.08% | 9.21% | +12.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.97% | 12.64% | +14.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.14% | 16.83% | +10.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.76% | 18.61% | +12.15% |
Frequently Asked Questions
UNI.MI and ^GSPC have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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