^XBD vs. ^GSPC
Compare and contrast key facts about NYSE Arca Securities Broker/Dealer Index (^XBD) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XBD or ^GSPC.
Correlation
The correlation between ^XBD and ^GSPC is 0.77, 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
^XBD vs. ^GSPC - Performance Comparison
Key characteristics
^XBD:
3.02
^GSPC:
1.62
^XBD:
3.99
^GSPC:
2.20
^XBD:
1.55
^GSPC:
1.30
^XBD:
5.79
^GSPC:
2.46
^XBD:
22.84
^GSPC:
10.01
^XBD:
2.50%
^GSPC:
2.08%
^XBD:
18.91%
^GSPC:
12.88%
^XBD:
-80.20%
^GSPC:
-56.78%
^XBD:
-4.83%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, ^XBD achieves a 8.90% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, ^XBD has outperformed ^GSPC with an annualized return of 16.95%, while ^GSPC has yielded a comparatively lower 11.04% annualized return.
^XBD
8.90%
-0.57%
29.52%
55.65%
23.83%
16.95%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
^XBD vs. ^GSPC — Risk-Adjusted Performance Rank
^XBD
^GSPC
^XBD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Arca Securities Broker/Dealer Index (^XBD) 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
^XBD vs. ^GSPC - Drawdown Comparison
The maximum ^XBD drawdown since its inception was -80.20%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^XBD and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^XBD vs. ^GSPC - Volatility Comparison
NYSE Arca Securities Broker/Dealer Index (^XBD) has a higher volatility of 5.31% compared to S&P 500 (^GSPC) at 3.43%. This indicates that ^XBD'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.