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^FVX vs. ES=F
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^FVX and ES=F is 0.24, 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.


-0.50.00.51.00.2

Performance

^FVX vs. ES=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Treasury Yield 5 Years (^FVX) and S&P 500 E-Mini Futures (ES=F). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
2.56%
7.12%
^FVX
ES=F

Key characteristics

Sharpe Ratio

^FVX:

0.57

ES=F:

1.59

Sortino Ratio

^FVX:

1.01

ES=F:

2.18

Omega Ratio

^FVX:

1.12

ES=F:

1.31

Calmar Ratio

^FVX:

0.24

ES=F:

2.25

Martin Ratio

^FVX:

1.08

ES=F:

9.09

Ulcer Index

^FVX:

12.87%

ES=F:

2.16%

Daily Std Dev

^FVX:

23.96%

ES=F:

11.88%

Max Drawdown

^FVX:

-97.53%

ES=F:

-57.11%

Current Drawdown

^FVX:

-44.53%

ES=F:

-3.90%

Returns By Period

In the year-to-date period, ^FVX achieves a 14.06% return, which is significantly lower than ES=F's 21.79% return. Both investments have delivered pretty close results over the past 10 years, with ^FVX having a 10.20% annualized return and ES=F not far behind at 10.16%.


^FVX

YTD

14.06%

1M

3.16%

6M

2.67%

1Y

13.06%

5Y*

20.39%

10Y*

10.20%

ES=F

YTD

21.79%

1M

-1.30%

6M

7.02%

1Y

23.40%

5Y*

11.42%

10Y*

10.16%

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Risk-Adjusted Performance

^FVX vs. ES=F - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 5 Years (^FVX) and S&P 500 E-Mini Futures (ES=F). 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.


Sharpe ratio
The chart of Sharpe ratio for ^FVX, currently valued at 0.41, compared to the broader market-1.000.001.002.000.411.49
The chart of Sortino ratio for ^FVX, currently valued at 0.78, compared to the broader market-1.000.001.002.003.000.782.05
The chart of Omega ratio for ^FVX, currently valued at 1.09, compared to the broader market0.800.901.001.101.201.301.401.091.29
The chart of Calmar ratio for ^FVX, currently valued at 0.19, compared to the broader market0.001.002.003.004.000.192.10
The chart of Martin ratio for ^FVX, currently valued at 0.73, compared to the broader market0.005.0010.0015.000.738.30
^FVX
ES=F

The current ^FVX Sharpe Ratio is 0.57, which is lower than the ES=F Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of ^FVX and ES=F, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.41
1.49
^FVX
ES=F

Drawdowns

^FVX vs. ES=F - Drawdown Comparison

The maximum ^FVX drawdown since its inception was -97.53%, which is greater than ES=F's maximum drawdown of -57.11%. Use the drawdown chart below to compare losses from any high point for ^FVX and ES=F. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-35.70%
-3.90%
^FVX
ES=F

Volatility

^FVX vs. ES=F - Volatility Comparison

Treasury Yield 5 Years (^FVX) has a higher volatility of 5.90% compared to S&P 500 E-Mini Futures (ES=F) at 3.53%. This indicates that ^FVX's price experiences larger fluctuations and is considered to be riskier than ES=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.90%
3.53%
^FVX
ES=F
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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