^GSPTSE vs. V
Compare and contrast key facts about S&P TSX Composite Index (Canada) (^GSPTSE) and Visa Inc. (V).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPTSE or V.
Correlation
The correlation between ^GSPTSE and V is 0.73, 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
^GSPTSE vs. V - Performance Comparison
Key characteristics
^GSPTSE:
0.85
V:
1.11
^GSPTSE:
1.21
V:
1.57
^GSPTSE:
1.17
V:
1.23
^GSPTSE:
0.96
V:
1.61
^GSPTSE:
4.29
V:
5.53
^GSPTSE:
2.87%
V:
4.37%
^GSPTSE:
14.57%
V:
21.89%
^GSPTSE:
-49.99%
V:
-51.90%
^GSPTSE:
-4.19%
V:
-7.44%
Returns By Period
Over the past 10 years, ^GSPTSE has underperformed V with an annualized return of 4.91%, while V has yielded a comparatively higher 18.34% annualized return.
^GSPTSE
0.00%
-2.42%
0.72%
13.05%
11.45%
4.91%
V
6.40%
-2.59%
18.96%
22.98%
15.82%
18.34%
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Risk-Adjusted Performance
^GSPTSE vs. V — Risk-Adjusted Performance Rank
^GSPTSE
V
^GSPTSE vs. V - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P TSX Composite Index (Canada) (^GSPTSE) and Visa Inc. (V). 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
^GSPTSE vs. V - Drawdown Comparison
The maximum ^GSPTSE drawdown since its inception was -49.99%, roughly equal to the maximum V drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for ^GSPTSE and V. For additional features, visit the drawdowns tool.
Volatility
^GSPTSE vs. V - Volatility Comparison
The current volatility for S&P TSX Composite Index (Canada) (^GSPTSE) is 11.19%, while Visa Inc. (V) has a volatility of 13.64%. This indicates that ^GSPTSE experiences smaller price fluctuations and is considered to be less risky than V based on this measure. The chart below showcases a comparison of their rolling one-month volatility.