XMR-USD vs. ^GSPC
Compare and contrast key facts about Monero (XMR-USD) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XMR-USD or ^GSPC.
Correlation
The correlation between XMR-USD and ^GSPC is 0.16, 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
XMR-USD vs. ^GSPC - Performance Comparison
Key characteristics
XMR-USD:
0.90
^GSPC:
0.24
XMR-USD:
1.45
^GSPC:
0.47
XMR-USD:
1.17
^GSPC:
1.07
XMR-USD:
0.33
^GSPC:
0.24
XMR-USD:
5.94
^GSPC:
1.08
XMR-USD:
9.72%
^GSPC:
4.25%
XMR-USD:
50.34%
^GSPC:
19.00%
XMR-USD:
-92.96%
^GSPC:
-56.78%
XMR-USD:
-55.19%
^GSPC:
-14.02%
Returns By Period
In the year-to-date period, XMR-USD achieves a 12.05% return, which is significantly higher than ^GSPC's -10.18% return.
XMR-USD
12.05%
4.57%
35.45%
86.13%
30.43%
N/A
^GSPC
-10.18%
-6.92%
-9.92%
5.42%
12.98%
9.70%
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Risk-Adjusted Performance
XMR-USD vs. ^GSPC — Risk-Adjusted Performance Rank
XMR-USD
^GSPC
XMR-USD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Monero (XMR-USD) 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
XMR-USD vs. ^GSPC - Drawdown Comparison
The maximum XMR-USD drawdown since its inception was -92.96%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for XMR-USD and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
XMR-USD vs. ^GSPC - Volatility Comparison
Monero (XMR-USD) and S&P 500 (^GSPC) have volatilities of 13.16% and 13.59%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.