VIE.PA vs. ^GSPC
Compare and contrast key facts about Veolia Environnement S.A. (VIE.PA) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIE.PA or ^GSPC.
Key characteristics
VIE.PA | ^GSPC | |
---|---|---|
YTD Return | 2.21% | 5.21% |
1Y Return | 6.80% | 21.82% |
3Y Return (Ann) | 8.31% | 6.28% |
5Y Return (Ann) | 10.93% | 11.27% |
10Y Return (Ann) | 12.07% | 10.33% |
Sharpe Ratio | 0.41 | 1.74 |
Daily Std Dev | 17.80% | 11.70% |
Max Drawdown | -85.50% | -56.78% |
Current Drawdown | -4.75% | -4.49% |
Correlation
The correlation between VIE.PA and ^GSPC is 0.30, 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
VIE.PA vs. ^GSPC - Performance Comparison
In the year-to-date period, VIE.PA achieves a 2.21% return, which is significantly lower than ^GSPC's 5.21% return. Over the past 10 years, VIE.PA has outperformed ^GSPC with an annualized return of 12.07%, while ^GSPC has yielded a comparatively lower 10.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
VIE.PA vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Veolia Environnement S.A. (VIE.PA) 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
VIE.PA vs. ^GSPC - Drawdown Comparison
The maximum VIE.PA drawdown since its inception was -85.50%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for VIE.PA and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
VIE.PA vs. ^GSPC - Volatility Comparison
Veolia Environnement S.A. (VIE.PA) has a higher volatility of 6.07% compared to S&P 500 (^GSPC) at 3.91%. This indicates that VIE.PA'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.