VAL vs. ^GSPC
Compare and contrast key facts about Valaris Limited (VAL) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAL or ^GSPC.
Correlation
The correlation between VAL and ^GSPC is 0.33, 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
VAL vs. ^GSPC - Performance Comparison
Key characteristics
VAL:
-0.66
^GSPC:
2.06
VAL:
-0.78
^GSPC:
2.74
VAL:
0.91
^GSPC:
1.38
VAL:
-0.54
^GSPC:
3.13
VAL:
-1.05
^GSPC:
12.84
VAL:
24.85%
^GSPC:
2.07%
VAL:
39.49%
^GSPC:
12.87%
VAL:
-48.84%
^GSPC:
-56.78%
VAL:
-39.93%
^GSPC:
-1.54%
Returns By Period
In the year-to-date period, VAL achieves a 8.59% return, which is significantly higher than ^GSPC's 1.96% return.
VAL
8.59%
16.57%
-37.18%
-27.62%
N/A
N/A
^GSPC
1.96%
2.12%
8.93%
25.43%
12.52%
11.51%
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Risk-Adjusted Performance
VAL vs. ^GSPC — Risk-Adjusted Performance Rank
VAL
^GSPC
VAL vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Valaris Limited (VAL) 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
VAL vs. ^GSPC - Drawdown Comparison
The maximum VAL drawdown since its inception was -48.84%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for VAL and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
VAL vs. ^GSPC - Volatility Comparison
Valaris Limited (VAL) has a higher volatility of 10.26% compared to S&P 500 (^GSPC) at 5.07%. This indicates that VAL'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.