WFRPX vs. ^GSPC
Compare and contrast key facts about Wealthfront Risk Parity Fund Class W (WFRPX) and S&P 500 (^GSPC).
WFRPX is managed by Wealthfront. It was launched on Jan 22, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFRPX or ^GSPC.
Correlation
The correlation between WFRPX and ^GSPC is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WFRPX vs. ^GSPC - Performance Comparison
Key characteristics
WFRPX:
0.17
^GSPC:
1.74
WFRPX:
0.29
^GSPC:
2.35
WFRPX:
1.04
^GSPC:
1.32
WFRPX:
0.06
^GSPC:
2.61
WFRPX:
0.40
^GSPC:
10.66
WFRPX:
4.35%
^GSPC:
2.08%
WFRPX:
10.64%
^GSPC:
12.77%
WFRPX:
-42.76%
^GSPC:
-56.78%
WFRPX:
-23.91%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, WFRPX achieves a -0.39% return, which is significantly lower than ^GSPC's 4.46% return.
WFRPX
-0.39%
0.00%
-5.98%
2.14%
-5.34%
N/A
^GSPC
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
WFRPX vs. ^GSPC — Risk-Adjusted Performance Rank
WFRPX
^GSPC
WFRPX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wealthfront Risk Parity Fund Class W (WFRPX) 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
WFRPX vs. ^GSPC - Drawdown Comparison
The maximum WFRPX drawdown since its inception was -42.76%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for WFRPX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
WFRPX vs. ^GSPC - Volatility Comparison
The current volatility for Wealthfront Risk Parity Fund Class W (WFRPX) is 0.00%, while S&P 500 (^GSPC) has a volatility of 3.07%. This indicates that WFRPX 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.