^XSP vs. BZ=F
Compare and contrast key facts about S&P 500 Mini-SPX Options Index (^XSP) and Crude Oil Brent (BZ=F).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^XSP or BZ=F.
Correlation
The correlation between ^XSP and BZ=F is 0.10, 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
^XSP vs. BZ=F - Performance Comparison
Key characteristics
^XSP:
1.80
BZ=F:
-0.50
^XSP:
2.42
BZ=F:
-0.55
^XSP:
1.33
BZ=F:
0.93
^XSP:
2.72
BZ=F:
-0.23
^XSP:
11.10
BZ=F:
-0.83
^XSP:
2.08%
BZ=F:
14.66%
^XSP:
12.84%
BZ=F:
23.68%
^XSP:
-25.43%
BZ=F:
-86.77%
^XSP:
-1.32%
BZ=F:
-48.11%
Returns By Period
In the year-to-date period, ^XSP achieves a 2.66% return, which is significantly higher than BZ=F's 1.55% return.
^XSP
2.66%
1.61%
15.23%
22.16%
N/A
N/A
BZ=F
1.55%
-1.10%
-0.89%
-2.81%
6.28%
2.64%
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Risk-Adjusted Performance
^XSP vs. BZ=F — Risk-Adjusted Performance Rank
^XSP
BZ=F
^XSP vs. BZ=F - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Mini-SPX Options Index (^XSP) and Crude Oil Brent (BZ=F). 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
^XSP vs. BZ=F - Drawdown Comparison
The maximum ^XSP drawdown since its inception was -25.43%, smaller than the maximum BZ=F drawdown of -86.77%. Use the drawdown chart below to compare losses from any high point for ^XSP and BZ=F. For additional features, visit the drawdowns tool.
Volatility
^XSP vs. BZ=F - Volatility Comparison
The current volatility for S&P 500 Mini-SPX Options Index (^XSP) is 3.69%, while Crude Oil Brent (BZ=F) has a volatility of 6.30%. This indicates that ^XSP experiences smaller price fluctuations and is considered to be less risky than BZ=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.