WE vs. ^GSPC
Compare and contrast key facts about WeWork Inc. (WE) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WE or ^GSPC.
Correlation
The correlation between WE and ^GSPC is 0.28, 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
WE vs. ^GSPC - Performance Comparison
Key characteristics
Returns By Period
WE
N/A
N/A
N/A
N/A
N/A
N/A
^GSPC
-10.18%
-6.92%
-9.92%
5.42%
12.98%
9.70%
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Risk-Adjusted Performance
WE vs. ^GSPC — Risk-Adjusted Performance Rank
WE
^GSPC
WE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WeWork Inc. (WE) 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
WE vs. ^GSPC - Drawdown Comparison
Volatility
WE vs. ^GSPC - Volatility Comparison
The current volatility for WeWork Inc. (WE) is 0.00%, while S&P 500 (^GSPC) has a volatility of 13.60%. This indicates that WE 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.