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.
Performance
USDT-USD vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, USDT-USD achieves a 0.13% return, which is significantly lower than ^GSPC's 24.72% return.
USDT-USD
0.13%
0.17%
0.15%
0.07%
-0.24%
N/A
^GSPC
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Key characteristics
| USDT-USD | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 0.28 | 2.54 |
| Sortino Ratio | 0.42 | 3.40 |
| Omega Ratio | 1.04 | 1.47 |
| Calmar Ratio | 0.00 | 3.66 |
| Martin Ratio | 1.49 | 16.26 |
| Ulcer Index | 0.13% | 1.91% |
| Daily Std Dev | 0.62% | 12.23% |
| Max Drawdown | -10.32% | -56.78% |
| Current Drawdown | -7.13% | -0.88% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Risk-Adjusted Performance
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 0.30%, while S&P 500 (^GSPC) has a volatility of 4.07%. 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.