^AW05 vs. ^GSPC
Compare and contrast key facts about FTSE All World ex South Africa Index (^AW05) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^AW05 or ^GSPC.
Correlation
The correlation between ^AW05 and ^GSPC is 0.84, 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
^AW05 vs. ^GSPC - Performance Comparison
Key characteristics
^AW05:
1.47
^GSPC:
1.80
^AW05:
2.00
^GSPC:
2.42
^AW05:
1.27
^GSPC:
1.33
^AW05:
1.85
^GSPC:
2.72
^AW05:
7.63
^GSPC:
11.10
^AW05:
2.00%
^GSPC:
2.08%
^AW05:
10.30%
^GSPC:
12.84%
^AW05:
-59.47%
^GSPC:
-56.78%
^AW05:
-0.78%
^GSPC:
-1.32%
Returns By Period
In the year-to-date period, ^AW05 achieves a 2.98% return, which is significantly higher than ^GSPC's 2.66% return. Over the past 10 years, ^AW05 has underperformed ^GSPC with an annualized return of 7.28%, while ^GSPC has yielded a comparatively higher 11.41% annualized return.
^AW05
2.98%
2.30%
12.21%
17.29%
8.16%
7.28%
^GSPC
2.66%
1.61%
15.23%
22.15%
12.59%
11.41%
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Risk-Adjusted Performance
^AW05 vs. ^GSPC — Risk-Adjusted Performance Rank
^AW05
^GSPC
^AW05 vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FTSE All World ex South Africa Index (^AW05) 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
^AW05 vs. ^GSPC - Drawdown Comparison
The maximum ^AW05 drawdown since its inception was -59.47%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^AW05 and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^AW05 vs. ^GSPC - Volatility Comparison
The current volatility for FTSE All World ex South Africa Index (^AW05) is 3.26%, while S&P 500 (^GSPC) has a volatility of 3.88%. This indicates that ^AW05 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.