USDT-USD vs. ^GSPC
Compare and contrast key facts about Tether (USDT-USD) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USDT-USD or ^GSPC.
Correlation
The correlation between USDT-USD and ^GSPC is 0.06, 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
USDT-USD vs. ^GSPC - Performance Comparison
Key characteristics
USDT-USD:
-0.10
^GSPC:
-0.17
USDT-USD:
-0.14
^GSPC:
-0.11
USDT-USD:
0.99
^GSPC:
0.98
USDT-USD:
0.00
^GSPC:
-0.15
USDT-USD:
-0.44
^GSPC:
-0.79
USDT-USD:
0.19%
^GSPC:
3.36%
USDT-USD:
0.64%
^GSPC:
15.95%
USDT-USD:
-10.32%
^GSPC:
-56.78%
USDT-USD:
-7.26%
^GSPC:
-17.42%
Returns By Period
In the year-to-date period, USDT-USD achieves a 0.15% return, which is significantly higher than ^GSPC's -13.73% return.
USDT-USD
0.15%
-0.03%
-0.05%
-0.08%
-0.06%
N/A
^GSPC
-13.73%
-13.15%
-11.77%
-1.42%
15.35%
9.37%
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Risk-Adjusted Performance
USDT-USD vs. ^GSPC — Risk-Adjusted Performance Rank
USDT-USD
^GSPC
USDT-USD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tether (USDT-USD) 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
USDT-USD vs. ^GSPC - Drawdown Comparison
The maximum USDT-USD drawdown since its inception was -10.32%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for USDT-USD and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
USDT-USD vs. ^GSPC - Volatility Comparison
The current volatility for Tether (USDT-USD) is 0.15%, while S&P 500 (^GSPC) has a volatility of 9.44%. This indicates that USDT-USD experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.