The beta of the S&P 500 is:

Name: The beta of the S&P 500 is:
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The beta of an index, such as the S&P 500, is defined as 1 by convention. This means that the index's price movements are expected to closely track the overall market. A beta of 0 would indicate that the index is not correlated with the market, while a beta above 1 would indicate that the index is more volatile than the market as a whole. Betas can also be negative, which would indicate an inverse relationship with the market.

The Beta of the S&P 500 Is