WRLD vs. ^GSPC
Compare and contrast key facts about World Acceptance Corporation (WRLD) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WRLD or ^GSPC.
Correlation
The correlation between WRLD and ^GSPC is 0.35, 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
WRLD vs. ^GSPC - Performance Comparison
Key characteristics
WRLD:
0.25
^GSPC:
1.62
WRLD:
0.65
^GSPC:
2.20
WRLD:
1.09
^GSPC:
1.30
WRLD:
0.18
^GSPC:
2.46
WRLD:
0.68
^GSPC:
10.01
WRLD:
15.75%
^GSPC:
2.08%
WRLD:
43.24%
^GSPC:
12.88%
WRLD:
-77.65%
^GSPC:
-56.78%
WRLD:
-45.97%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, WRLD achieves a 24.46% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, WRLD has underperformed ^GSPC with an annualized return of 5.59%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
WRLD
24.46%
10.91%
19.54%
11.51%
10.62%
5.59%
^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
WRLD vs. ^GSPC — Risk-Adjusted Performance Rank
WRLD
^GSPC
WRLD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for World Acceptance Corporation (WRLD) 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
WRLD vs. ^GSPC - Drawdown Comparison
The maximum WRLD drawdown since its inception was -77.65%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for WRLD and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
WRLD vs. ^GSPC - Volatility Comparison
World Acceptance Corporation (WRLD) has a higher volatility of 17.57% compared to S&P 500 (^GSPC) at 3.43%. This indicates that WRLD'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.