WERN vs. ^GSPC
Compare and contrast key facts about Werner Enterprises, Inc. (WERN) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WERN or ^GSPC.
Key characteristics
| WERN | ^GSPC | |
|---|---|---|
| YTD Return | -10.94% | 11.29% |
| 1Y Return | -13.71% | 29.16% |
| 3Y Return (Ann) | -6.97% | 8.35% |
| 5Y Return (Ann) | 5.80% | 13.20% |
| 10Y Return (Ann) | 6.13% | 10.97% |
| Sharpe Ratio | -0.66 | 2.44 |
| Daily Std Dev | 23.74% | 11.61% |
| Max Drawdown | -53.93% | -56.78% |
| Current Drawdown | -22.71% | 0.00% |
Correlation
The correlation between WERN and ^GSPC is 0.40, 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
WERN vs. ^GSPC - Performance Comparison
In the year-to-date period, WERN achieves a -10.94% return, which is significantly lower than ^GSPC's 11.29% return. Over the past 10 years, WERN has underperformed ^GSPC with an annualized return of 6.13%, while ^GSPC has yielded a comparatively higher 10.97% 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
WERN vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Werner Enterprises, Inc. (WERN) 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
WERN vs. ^GSPC - Drawdown Comparison
The maximum WERN drawdown since its inception was -53.93%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for WERN and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
WERN vs. ^GSPC - Volatility Comparison
Werner Enterprises, Inc. (WERN) has a higher volatility of 6.00% compared to S&P 500 (^GSPC) at 3.47%. This indicates that WERN'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.