WGS vs. ^GSPC
Compare and contrast key facts about GeneDx Holdings Corp. (WGS) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WGS or ^GSPC.
Correlation
The correlation between WGS and ^GSPC is 0.34, 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
WGS vs. ^GSPC - Performance Comparison
Key characteristics
WGS:
13.50
^GSPC:
1.62
WGS:
6.80
^GSPC:
2.20
WGS:
1.83
^GSPC:
1.30
WGS:
17.43
^GSPC:
2.46
WGS:
139.83
^GSPC:
10.01
WGS:
12.36%
^GSPC:
2.08%
WGS:
124.43%
^GSPC:
12.88%
WGS:
-99.85%
^GSPC:
-56.78%
WGS:
-88.75%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, WGS achieves a 24.68% return, which is significantly higher than ^GSPC's 2.24% return.
WGS
24.68%
26.47%
167.98%
1,067.95%
N/A
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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
WGS vs. ^GSPC — Risk-Adjusted Performance Rank
WGS
^GSPC
WGS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GeneDx Holdings Corp. (WGS) 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
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. For additional features, visit the drawdowns tool.
Volatility
WGS vs. ^GSPC - Volatility Comparison
GeneDx Holdings Corp. (WGS) has a higher volatility of 48.19% compared to S&P 500 (^GSPC) at 3.43%. 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.