^GSPC vs. GC=F
Compare and contrast key facts about S&P 500 (^GSPC) and Gold (GC=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPC or GC=F.
Correlation
The correlation between ^GSPC and GC=F is 0.02, 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
^GSPC vs. GC=F - Performance Comparison
Key characteristics
^GSPC:
0.51
GC=F:
2.57
^GSPC:
0.84
GC=F:
3.27
^GSPC:
1.12
GC=F:
1.46
^GSPC:
0.52
GC=F:
5.57
^GSPC:
2.02
GC=F:
15.80
^GSPC:
4.87%
GC=F:
2.82%
^GSPC:
19.36%
GC=F:
17.21%
^GSPC:
-56.78%
GC=F:
-44.36%
^GSPC:
-8.35%
GC=F:
-0.84%
Returns By Period
In the year-to-date period, ^GSPC achieves a -4.26% return, which is significantly lower than GC=F's 28.66% return. Over the past 10 years, ^GSPC has outperformed GC=F with an annualized return of 10.31%, while GC=F has yielded a comparatively lower 9.77% annualized return.
^GSPC
-4.26%
11.24%
-5.02%
8.55%
14.02%
10.31%
GC=F
28.66%
14.61%
26.80%
46.10%
12.93%
9.77%
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Risk-Adjusted Performance
^GSPC vs. GC=F — Risk-Adjusted Performance Rank
^GSPC
GC=F
^GSPC vs. GC=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 (^GSPC) and Gold (GC=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.
Drawdowns
^GSPC vs. GC=F - Drawdown Comparison
The maximum ^GSPC drawdown since its inception was -56.78%, which is greater than GC=F's maximum drawdown of -44.36%. Use the drawdown chart below to compare losses from any high point for ^GSPC and GC=F. For additional features, visit the drawdowns tool.
Volatility
^GSPC vs. GC=F - Volatility Comparison
S&P 500 (^GSPC) has a higher volatility of 11.43% compared to Gold (GC=F) at 9.21%. This indicates that ^GSPC's price experiences larger fluctuations and is considered to be riskier than GC=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.