ZECP vs. ^GSPC
Compare and contrast key facts about Zacks Earnings Consistent Portfolio ETF (ZECP) and S&P 500 (^GSPC).
ZECP is an actively managed fund by Zacks Investment Management. It was launched on Aug 24, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZECP or ^GSPC.
Performance
ZECP vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, ZECP achieves a 19.61% return, which is significantly lower than ^GSPC's 24.05% return.
ZECP
19.61%
-0.06%
8.97%
24.64%
N/A
N/A
^GSPC
24.05%
0.89%
11.19%
30.12%
13.82%
11.14%
Key characteristics
| ZECP | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 2.57 | 2.54 |
| Sortino Ratio | 3.52 | 3.40 |
| Omega Ratio | 1.47 | 1.47 |
| Calmar Ratio | 4.30 | 3.66 |
| Martin Ratio | 16.98 | 16.28 |
| Ulcer Index | 1.48% | 1.91% |
| Daily Std Dev | 9.77% | 12.25% |
| Max Drawdown | -21.85% | -56.78% |
| Current Drawdown | -1.54% | -1.41% |
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Correlation
The correlation between ZECP 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.
Risk-Adjusted Performance
ZECP vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Zacks Earnings Consistent Portfolio ETF (ZECP) 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
ZECP vs. ^GSPC - Drawdown Comparison
The maximum ZECP drawdown since its inception was -21.85%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ZECP and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
ZECP vs. ^GSPC - Volatility Comparison
The current volatility for Zacks Earnings Consistent Portfolio ETF (ZECP) is 3.44%, while S&P 500 (^GSPC) has a volatility of 4.07%. This indicates that ZECP 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.