^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.
Key characteristics
| ^SP600 | GNE | |
|---|---|---|
| YTD Return | 8.87% | -40.47% |
| 1Y Return | 29.70% | -12.51% |
| 3Y Return (Ann) | 1.59% | 44.91% |
| 5Y Return (Ann) | 8.61% | 20.24% |
| 10Y Return (Ann) | 8.39% | 11.94% |
| Sharpe Ratio | 1.38 | -0.35 |
| Sortino Ratio | 2.07 | -0.23 |
| Omega Ratio | 1.24 | 0.97 |
| Calmar Ratio | 1.02 | -0.27 |
| Martin Ratio | 7.72 | -0.36 |
| Ulcer Index | 3.58% | 40.56% |
| Daily Std Dev | 20.06% | 41.72% |
| Max Drawdown | -59.17% | -75.12% |
| Current Drawdown | -2.11% | -45.29% |
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
In the year-to-date period, ^SP600 achieves a 8.87% return, which is significantly higher than GNE's -40.47% return. Over the past 10 years, ^SP600 has underperformed GNE with an annualized return of 8.39%, while GNE has yielded a comparatively higher 11.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^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 4.13%, while Genie Energy Ltd. (GNE) has a volatility of 6.74%. 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.