^IBEX vs. ^GSPC
Compare and contrast key facts about IBEX 35 Index (^IBEX) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IBEX or ^GSPC.
Correlation
The correlation between ^IBEX and ^GSPC is 0.37, 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
^IBEX vs. ^GSPC - Performance Comparison
Key characteristics
^IBEX:
1.01
^GSPC:
1.83
^IBEX:
1.43
^GSPC:
2.46
^IBEX:
1.17
^GSPC:
1.34
^IBEX:
0.35
^GSPC:
2.72
^IBEX:
4.99
^GSPC:
11.89
^IBEX:
2.69%
^GSPC:
1.94%
^IBEX:
13.16%
^GSPC:
12.57%
^IBEX:
-62.65%
^GSPC:
-56.78%
^IBEX:
-28.26%
^GSPC:
-3.66%
Returns By Period
In the year-to-date period, ^IBEX achieves a 13.24% return, which is significantly lower than ^GSPC's 23.00% return. Over the past 10 years, ^IBEX has underperformed ^GSPC with an annualized return of 0.97%, while ^GSPC has yielded a comparatively higher 10.96% annualized return.
^IBEX
13.24%
-1.28%
2.50%
13.26%
3.34%
0.97%
^GSPC
23.00%
-0.84%
7.20%
24.88%
12.77%
10.96%
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Risk-Adjusted Performance
^IBEX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IBEX 35 Index (^IBEX) 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
^IBEX vs. ^GSPC - Drawdown Comparison
The maximum ^IBEX drawdown since its inception was -62.65%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^IBEX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^IBEX vs. ^GSPC - Volatility Comparison
IBEX 35 Index (^IBEX) has a higher volatility of 4.67% compared to S&P 500 (^GSPC) at 3.62%. This indicates that ^IBEX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.