^PUT vs. ^SP500TR
Compare and contrast key facts about CBOE S&P 500 PutWrite Index (^PUT) and S&P 500 Total Return (^SP500TR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^PUT or ^SP500TR.
Correlation
The correlation between ^PUT and ^SP500TR is 0.90, 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
^PUT vs. ^SP500TR - Performance Comparison
Key characteristics
^PUT:
2.85
^SP500TR:
1.90
^PUT:
3.95
^SP500TR:
2.56
^PUT:
1.77
^SP500TR:
1.35
^PUT:
3.89
^SP500TR:
2.87
^PUT:
24.14
^SP500TR:
11.90
^PUT:
0.80%
^SP500TR:
2.04%
^PUT:
6.73%
^SP500TR:
12.80%
^PUT:
-28.93%
^SP500TR:
-55.25%
^PUT:
0.00%
^SP500TR:
0.00%
Returns By Period
In the year-to-date period, ^PUT achieves a 3.07% return, which is significantly lower than ^SP500TR's 4.39% return. Over the past 10 years, ^PUT has underperformed ^SP500TR with an annualized return of 7.99%, while ^SP500TR has yielded a comparatively higher 13.31% annualized return.
^PUT
3.07%
1.69%
9.41%
19.05%
9.32%
7.99%
^SP500TR
4.39%
2.33%
10.22%
24.11%
14.52%
13.31%
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Risk-Adjusted Performance
^PUT vs. ^SP500TR — Risk-Adjusted Performance Rank
^PUT
^SP500TR
^PUT vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CBOE S&P 500 PutWrite Index (^PUT) and S&P 500 Total Return (^SP500TR). 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
^PUT vs. ^SP500TR - Drawdown Comparison
The maximum ^PUT drawdown since its inception was -28.93%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for ^PUT and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
^PUT vs. ^SP500TR - Volatility Comparison
The current volatility for CBOE S&P 500 PutWrite Index (^PUT) is 1.26%, while S&P 500 Total Return (^SP500TR) has a volatility of 3.19%. This indicates that ^PUT experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.