^IMXL vs. ^GSPC
Compare and contrast key facts about Dow Jones Islamic Market Titans 100 Index (^IMXL) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IMXL or ^GSPC.
Correlation
The correlation between ^IMXL and ^GSPC is 0.85, 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
^IMXL vs. ^GSPC - Performance Comparison
Key characteristics
^IMXL:
1.36
^GSPC:
1.62
^IMXL:
1.85
^GSPC:
2.20
^IMXL:
1.28
^GSPC:
1.30
^IMXL:
1.63
^GSPC:
2.46
^IMXL:
6.26
^GSPC:
10.01
^IMXL:
2.78%
^GSPC:
2.08%
^IMXL:
12.83%
^GSPC:
12.88%
^IMXL:
-48.36%
^GSPC:
-56.78%
^IMXL:
-1.67%
^GSPC:
-2.13%
Returns By Period
The year-to-date returns for both stocks are quite close, with ^IMXL having a 2.33% return and ^GSPC slightly lower at 2.24%. Both investments have delivered pretty close results over the past 10 years, with ^IMXL having a 10.93% annualized return and ^GSPC not far ahead at 11.04%.
^IMXL
2.33%
-1.14%
5.11%
18.37%
12.48%
10.93%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
^IMXL vs. ^GSPC — Risk-Adjusted Performance Rank
^IMXL
^GSPC
^IMXL vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Islamic Market Titans 100 Index (^IMXL) 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
^IMXL vs. ^GSPC - Drawdown Comparison
The maximum ^IMXL drawdown since its inception was -48.36%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^IMXL and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^IMXL vs. ^GSPC - Volatility Comparison
Dow Jones Islamic Market Titans 100 Index (^IMXL) has a higher volatility of 3.02% compared to S&P 500 (^GSPC) at 2.87%. This indicates that ^IMXL'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.