^SP600 vs. GNE
Compare and contrast key facts about S&P 600 (^SP600) and Genie Energy Ltd. (GNE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SP600 or GNE.
Correlation
The correlation between ^SP600 and GNE is 0.33, 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
^SP600 vs. GNE - Performance Comparison
Key characteristics
^SP600:
0.54
GNE:
-1.08
^SP600:
0.91
GNE:
-1.47
^SP600:
1.11
GNE:
0.82
^SP600:
0.69
GNE:
-0.68
^SP600:
2.69
GNE:
-1.39
^SP600:
3.94%
GNE:
26.05%
^SP600:
19.60%
GNE:
33.29%
^SP600:
-59.17%
GNE:
-75.12%
^SP600:
-8.87%
GNE:
-51.53%
Returns By Period
In the year-to-date period, ^SP600 achieves a -0.04% return, which is significantly higher than GNE's -6.54% return. Over the past 10 years, ^SP600 has underperformed GNE with an annualized return of 7.60%, while GNE has yielded a comparatively higher 12.58% annualized return.
^SP600
-0.04%
-5.44%
-0.75%
10.85%
6.25%
7.60%
GNE
-6.54%
0.14%
-13.03%
-32.31%
16.44%
12.58%
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Risk-Adjusted Performance
^SP600 vs. GNE — Risk-Adjusted Performance Rank
^SP600
GNE
^SP600 vs. GNE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 600 (^SP600) and Genie Energy Ltd. (GNE). 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
^SP600 vs. GNE - Drawdown Comparison
The maximum ^SP600 drawdown since its inception was -59.17%, smaller than the maximum GNE drawdown of -75.12%. Use the drawdown chart below to compare losses from any high point for ^SP600 and GNE. For additional features, visit the drawdowns tool.
Volatility
^SP600 vs. GNE - Volatility Comparison
The current volatility for S&P 600 (^SP600) is 5.62%, while Genie Energy Ltd. (GNE) has a volatility of 8.44%. This indicates that ^SP600 experiences smaller price fluctuations and is considered to be less risky than GNE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.