XDOC vs. ^GSPC
Compare and contrast key facts about Innovator U.S. Equity Accelerated ETF - October (XDOC) and S&P 500 (^GSPC).
XDOC is an actively managed fund by Innovator. It was launched on Sep 30, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XDOC or ^GSPC.
Correlation
The correlation between XDOC and ^GSPC is 0.93, 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
XDOC vs. ^GSPC - Performance Comparison
Key characteristics
XDOC:
1.73
^GSPC:
1.62
XDOC:
2.40
^GSPC:
2.20
XDOC:
1.41
^GSPC:
1.30
XDOC:
4.30
^GSPC:
2.46
XDOC:
17.90
^GSPC:
10.01
XDOC:
0.62%
^GSPC:
2.08%
XDOC:
6.39%
^GSPC:
12.88%
XDOC:
-24.20%
^GSPC:
-56.78%
XDOC:
-1.29%
^GSPC:
-2.13%
Returns By Period
The year-to-date returns for both stocks are quite close, with XDOC having a 2.28% return and ^GSPC slightly lower at 2.24%.
XDOC
2.28%
-0.48%
5.33%
10.31%
N/A
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
XDOC vs. ^GSPC — Risk-Adjusted Performance Rank
XDOC
^GSPC
XDOC vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Accelerated ETF - October (XDOC) 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
XDOC vs. ^GSPC - Drawdown Comparison
The maximum XDOC drawdown since its inception was -24.20%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for XDOC and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
XDOC vs. ^GSPC - Volatility Comparison
The current volatility for Innovator U.S. Equity Accelerated ETF - October (XDOC) is 2.22%, while S&P 500 (^GSPC) has a volatility of 3.43%. This indicates that XDOC 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.