WGS vs. ^GSPC
WGS (GeneDx Holdings Corp.) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, WGS returned -32.92%/yr vs 11.54%/yr for ^GSPC. At a 0.35 correlation, their price movements are largely independent.
Performance
WGS vs. ^GSPC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WGS achieves a -55.34% return, which is significantly lower than ^GSPC's 7.60% return.
WGS
- 1D
- 4.80%
- 1M
- 22.76%
- YTD
- -55.34%
- 6M
- -57.09%
- 1Y
- -27.14%
- 3Y*
- 111.60%
- 5Y*
- -32.92%
- 10Y*
- —
^GSPC
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
WGS vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
WGS GeneDx Holdings Corp. | -55.34% | 69.22% | 2,694.91% | -68.41% | -94.09% | -59.60% | 12.65% |
^GSPC S&P 500 Index | 7.60% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 11.48% |
Correlation
The correlation between WGS and ^GSPC is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2020 | 0.35 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WGS vs. ^GSPC — Risk / Return Rank
WGS
^GSPC
WGS vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GeneDx Holdings Corp. (WGS) and S&P 500 Index (^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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WGS | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.11 | ||
| Sortino ratioReturn per unit of downside risk | -2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.32 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 2.46 | -2.80 |
| Martin ratioReturn relative to average drawdown | -0.68 | 10.92 | -11.60 |
Loading charts...
Drawdowns
WGS vs. ^GSPC - Drawdown Comparison
The maximum WGS drawdown since its inception was -99.85%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for WGS and ^GSPC.
Loading charts...
Drawdown Indicators
| WGS | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.85% | -56.78% | -43.07% |
Max Drawdown (1Y)Largest decline over 1 year | -79.40% | -9.10% | -70.30% |
Max Drawdown (3Y)Largest decline over 3 years | -84.28% | -18.90% | -65.38% |
Max Drawdown (5Y)Largest decline over 5 years | -99.73% | -25.43% | -74.30% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -93.18% | -3.21% | -89.97% |
Average DrawdownAverage peak-to-trough decline | -83.39% | -10.71% | -72.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.86% | 2.04% | +37.82% |
Volatility
WGS vs. ^GSPC - Volatility Comparison
GeneDx Holdings Corp. (WGS) has a higher volatility of 22.71% compared to S&P 500 Index (^GSPC) at 4.89%. This indicates that WGS'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.
Loading charts...
Volatility by Period
| WGS | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.71% | 4.89% | +17.82% |
Volatility (6M)Calculated over the trailing 6-month period | 86.16% | 9.93% | +76.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 85.76% | 12.57% | +73.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 110.07% | 17.00% | +93.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 107.32% | 18.08% | +89.24% |
Frequently Asked Questions
WGS and ^GSPC have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WGS has higher volatility (22.71%) compared to ^GSPC (4.89%). In terms of maximum drawdown, WGS dropped -99.85% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.78 vs -0.33), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for WGS and ^GSPC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer