^BSE200 vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about S&P BSE-200 (^BSE200) and S&P 500 Index (^GSPC).

Performance

^BSE200 vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in S&P BSE-200 (^BSE200) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

^BSE200 vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^BSE200 S&P BSE-200	-12.47%	8.03%	13.40%	22.76%	4.18%	27.59%	16.31%	9.13%	-0.54%	33.26%
^GSPC S&P 500 Index	-0.36%	21.96%	27.04%	25.09%	-10.78%	29.42%	19.18%	32.15%	2.25%	12.00%

Different Trading Currencies

^BSE200 is traded in INR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ^BSE200 achieves a -12.47% return, which is significantly lower than ^GSPC's -0.36% return. Over the past 10 years, ^BSE200 has underperformed ^GSPC with an annualized return of 12.25%, while ^GSPC has yielded a comparatively higher 16.12% annualized return.

^BSE200

• 1D: 1.77%
• 1M: -8.79%
• YTD: -12.47%
• 6M: -8.29%
• 1Y: -1.16%
• 3Y*: 11.84%
• 5Y*: 10.15%
• 10Y*: 12.25%

^GSPC

• 1D: 0.45%
• 1M: -2.73%
• YTD: -0.36%
• 6M: 2.99%
• 1Y: 26.90%
• 3Y*: 21.98%
• 5Y*: 15.70%
• 10Y*: 16.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^BSE200 vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^BSE200

^BSE200 Risk / Return Rank: 8
^BSE200 Sharpe Ratio Rank: 9
^BSE200 Sortino Ratio Rank: 10
^BSE200 Omega Ratio Rank: 9
^BSE200 Calmar Ratio Rank: 8
^BSE200 Martin Ratio Rank: 5

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

^BSE200 vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P BSE-200 (^BSE200) and S&P 500 Index (^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.

	^BSE200	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	-0.08	1.49	-1.57
Sortino ratio Return per unit of downside risk	-0.02	2.12	-2.14
Omega ratio Gain probability vs. loss probability	1.00	1.33	-0.33
Calmar ratio Return relative to maximum drawdown	-0.23	2.48	-2.71
Martin ratio Return relative to average drawdown	-0.93	11.29	-12.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^BSE200 vs. ^GSPC - Sharpe Ratio Comparison

The current ^BSE200 Sharpe Ratio is -0.08, which is lower than the ^GSPC Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of ^BSE200 and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	^BSE200	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.08	1.49	-1.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.98	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.95	-0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.67	0.00

Correlation

The correlation between ^BSE200 and ^GSPC is 0.09, 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.

Drawdowns

^BSE200 vs. ^GSPC - Drawdown Comparison

The maximum ^BSE200 drawdown since its inception was -38.11%, smaller than the maximum ^GSPC drawdown of -43.99%. Use the drawdown chart below to compare losses from any high point for ^BSE200 and ^GSPC.

Drawdown Indicators

	^BSE200	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-38.11%	-56.78%	+18.67%
Max Drawdown (1Y) Largest decline over 1 year	-14.83%	-12.14%	-2.69%
Max Drawdown (5Y) Largest decline over 5 years	-17.99%	-25.43%	+7.44%
Max Drawdown (10Y) Largest decline over 10 years	-38.11%	-33.92%	-4.19%
Current Drawdown Current decline from peak	-14.38%	-5.78%	-8.60%
Average Drawdown Average peak-to-trough decline	-5.75%	-10.75%	+5.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.61%	2.60%	+1.01%

Volatility

^BSE200 vs. ^GSPC - Volatility Comparison

S&P BSE-200 (^BSE200) has a higher volatility of 7.80% compared to S&P 500 Index (^GSPC) at 4.14%. This indicates that ^BSE200'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.

Volatility by Period

	^BSE200	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.80%	4.14%	+3.66%
Volatility (6M) Calculated over the trailing 6-month period	10.56%	9.34%	+1.22%
Volatility (1Y) Calculated over the trailing 1-year period	14.30%	18.16%	-3.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.21%	16.11%	-1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.16%	17.08%	-0.92%