^BSE200 vs. ^GSPC

Last updated Apr 3, 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	-14.19%	8.03%	13.40%	22.76%	4.18%	27.59%	16.31%	9.13%	-0.54%	33.26%
^GSPC S&P 500 Index	-0.51%	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 -14.19% 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 11.97%, while ^GSPC has yielded a comparatively higher 16.16% annualized return.

^BSE200

• 1D: -1.96%
• 1M: -10.58%
• YTD: -14.19%
• 6M: -10.09%
• 1Y: -3.97%
• 3Y*: 11.02%
• 5Y*: 9.72%
• 10Y*: 11.97%

^GSPC

• 1D: 0.00%
• 1M: -2.31%
• YTD: -0.36%
• 6M: 2.90%
• 1Y: 26.21%
• 3Y*: 21.79%
• 5Y*: 15.70%
• 10Y*: 16.16%

*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: 2
^BSE200 Sharpe Ratio Rank: 3
^BSE200 Sortino Ratio Rank: 3
^BSE200 Omega Ratio Rank: 3
^BSE200 Calmar Ratio Rank: 2
^BSE200 Martin Ratio Rank: 0

^GSPC

^GSPC Risk / Return Rank: 58
^GSPC Sharpe Ratio Rank: 52
^GSPC Sortino Ratio Rank: 55
^GSPC Omega Ratio Rank: 59
^GSPC Calmar Ratio Rank: 52
^GSPC Martin Ratio Rank: 71

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	-0.28	1.45	-1.73
Sortino ratio Return per unit of downside risk	-0.29	2.08	-2.37
Omega ratio Gain probability vs. loss probability	0.96	1.32	-0.36
Calmar ratio Return relative to maximum drawdown	-0.33	2.41	-2.74
Martin ratio Return relative to average drawdown	-1.32	10.91	-12.23
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 -0.28, which is lower than the ^GSPC Sharpe Ratio of 1.45. 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	-0.28	1.45	-1.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.98	-0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.95	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.67	-0.01

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	-15.02%	-9.10%	-5.92%
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	-16.06%	-5.67%	-10.39%
Average Drawdown Average peak-to-trough decline	-5.75%	-10.75%	+5.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.73%	2.62%	+1.11%

Volatility

^BSE200 vs. ^GSPC - Volatility Comparison

S&P BSE-200 (^BSE200) has a higher volatility of 7.91% compared to S&P 500 Index (^GSPC) at 4.02%. 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	7.91%	4.02%	+3.89%
Volatility (6M) Calculated over the trailing 6-month period	10.67%	9.34%	+1.33%
Volatility (1Y) Calculated over the trailing 1-year period	14.37%	18.16%	-3.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.24%	16.11%	-1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.17%	17.08%	-0.91%