^XCI vs. ^GSPC
Compare and contrast key facts about ARCA Computer Technology Index (^XCI) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XCI or ^GSPC.
Correlation
The correlation between ^XCI and ^GSPC is 0.80, 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
^XCI vs. ^GSPC - Performance Comparison
Key characteristics
^XCI:
0.40
^GSPC:
0.48
^XCI:
0.76
^GSPC:
0.80
^XCI:
1.10
^GSPC:
1.12
^XCI:
0.45
^GSPC:
0.49
^XCI:
1.39
^GSPC:
1.90
^XCI:
8.65%
^GSPC:
4.90%
^XCI:
30.44%
^GSPC:
19.37%
^XCI:
-77.19%
^GSPC:
-56.78%
^XCI:
-12.54%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, ^XCI achieves a -9.28% return, which is significantly lower than ^GSPC's -3.70% return. Over the past 10 years, ^XCI has outperformed ^GSPC with an annualized return of 21.08%, while ^GSPC has yielded a comparatively lower 10.43% annualized return.
^XCI
-9.28%
19.38%
-9.53%
12.24%
22.98%
21.08%
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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Risk-Adjusted Performance
^XCI vs. ^GSPC — Risk-Adjusted Performance Rank
^XCI
^GSPC
^XCI vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ARCA Computer Technology Index (^XCI) 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
^XCI vs. ^GSPC - Drawdown Comparison
The maximum ^XCI drawdown since its inception was -77.19%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^XCI and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^XCI vs. ^GSPC - Volatility Comparison
ARCA Computer Technology Index (^XCI) has a higher volatility of 16.37% compared to S&P 500 (^GSPC) at 11.21%. This indicates that ^XCI'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.