^BSE500 vs. ^BSESN
^BSE500 (S&P BSE-500) and ^BSESN (S&P BSE SENSEX) are both indexes. Over the past 10 years, ^BSE500 returned 12.53%/yr vs 10.75%/yr for ^BSESN. With a 0.95 correlation, they move nearly in lockstep.
Performance
^BSE500 vs. ^BSESN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ^BSE500 achieves a -6.06% return, which is significantly higher than ^BSESN's -12.74% return. Over the past 10 years, ^BSE500 has outperformed ^BSESN with an annualized return of 12.53%, while ^BSESN has yielded a comparatively lower 10.75% annualized return.
^BSE500
- 1D
- 0.19%
- 1M
- -1.50%
- YTD
- -6.06%
- 6M
- -5.57%
- 1Y
- -1.72%
- 3Y*
- 11.76%
- 5Y*
- 10.53%
- 10Y*
- 12.53%
^BSESN
- 1D
- 0.02%
- 1M
- -4.62%
- YTD
- -12.74%
- 6M
- -13.24%
- 1Y
- -8.70%
- 3Y*
- 5.80%
- 5Y*
- 7.37%
- 10Y*
- 10.75%
^BSE500 vs. ^BSESN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^BSE500 S&P BSE-500 | -6.06% | 6.41% | 14.55% | 24.85% | 3.34% | 30.11% | 16.80% | 7.75% | -3.08% | 35.94% |
^BSESN S&P BSE SENSEX | -12.74% | 9.06% | 8.17% | 18.74% | 4.44% | 21.99% | 15.75% | 14.38% | 5.91% | 27.91% |
Correlation
The correlation between ^BSE500 and ^BSESN is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2011 | 0.95 |
The correlation between ^BSE500 and ^BSESN has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
^BSE500 vs. ^BSESN — Risk / Return Rank
^BSE500
^BSESN
^BSE500 vs. ^BSESN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE-500 (^BSE500) and S&P BSE SENSEX (^BSESN). 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.
| ^BSE500 | ^BSESN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.90 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | -0.52 | +0.40 |
| Martin ratioReturn relative to average drawdown | -0.38 | -1.36 | +0.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ^BSE500 | ^BSESN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.13 | -0.64 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | 0.54 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.67 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.47 | +0.24 |
Drawdowns
^BSE500 vs. ^BSESN - Drawdown Comparison
The maximum ^BSE500 drawdown since its inception was -38.39%, smaller than the maximum ^BSESN drawdown of -60.91%. Use the drawdown chart below to compare losses from any high point for ^BSE500 and ^BSESN.
Loading charts...
Drawdown Indicators
| ^BSE500 | ^BSESN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.39% | -60.91% | +22.52% |
Max Drawdown (1Y)Largest decline over 1 year | -14.86% | -16.11% | +1.25% |
Max Drawdown (3Y)Largest decline over 3 years | -18.96% | -16.18% | -2.78% |
Max Drawdown (5Y)Largest decline over 5 years | -18.96% | -16.85% | -2.11% |
Max Drawdown (10Y)Largest decline over 10 years | -38.39% | -38.07% | -0.32% |
Current DrawdownCurrent decline from peak | -8.92% | -13.37% | +4.45% |
Average DrawdownAverage peak-to-trough decline | -5.95% | -13.75% | +7.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 6.09% | -1.56% |
Volatility
^BSE500 vs. ^BSESN - Volatility Comparison
S&P BSE-500 (^BSE500) has a higher volatility of 4.00% compared to S&P BSE SENSEX (^BSESN) at 3.67%. This indicates that ^BSE500's price experiences larger fluctuations and is considered to be riskier than ^BSESN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ^BSE500 | ^BSESN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.00% | 3.67% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 12.17% | 11.59% | +0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.77% | 13.10% | +0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.33% | 13.82% | +0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.19% | 16.34% | -0.15% |
Frequently Asked Questions
With a correlation of 0.95, ^BSE500 and ^BSESN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
^BSE500 has higher volatility (4.00%) compared to ^BSESN (3.67%). In terms of maximum drawdown, ^BSE500 dropped -38.39% vs ^BSESN's -60.91%.
^BSE500 currently has the higher Sharpe Ratio (-0.13 vs -0.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ^BSE500 and ^BSESN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer