^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 11.30%/yr for ^BSESN. Their correlation of 0.95 suggests significant overlap in exposure.
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 -9.66% return. Over the past 10 years, ^BSE500 has outperformed ^BSESN with an annualized return of 12.53%, while ^BSESN has yielded a comparatively lower 11.30% annualized return.
^BSE500
- 1D
- 0.19%
- 1M
- -1.88%
- YTD
- -6.06%
- 6M
- -5.97%
- 1Y
- -2.98%
- 3Y*
- 11.76%
- 5Y*
- 10.53%
- 10Y*
- 12.53%
^BSESN
- 1D
- 0.00%
- 1M
- 1.29%
- YTD
- -9.66%
- 6M
- -9.86%
- 1Y
- -6.97%
- 3Y*
- 6.93%
- 5Y*
- 7.78%
- 10Y*
- 11.30%
^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 | -9.66% | 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 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2011 | 0.95 |
The correlation between ^BSE500 and ^BSESN has been stable across timeframes, ranging from 0.90 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^BSE500 | ^BSESN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 0.92 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | -0.44 | +0.32 |
| Martin ratioReturn relative to average drawdown | -0.38 | -1.06 | +0.67 |
Loading charts...
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% | -10.30% | +1.38% |
Average DrawdownAverage peak-to-trough decline | -5.95% | -13.55% | +7.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.53% | 6.67% | -2.14% |
Volatility
^BSE500 vs. ^BSESN - Volatility Comparison
S&P BSE-500 (^BSE500) and S&P BSE SENSEX (^BSESN) have volatilities of 4.00% and 3.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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% | 3.88% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 12.17% | 11.82% | +0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.77% | 13.21% | +0.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.33% | 13.87% | +0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.19% | 16.36% | -0.17% |
Frequently Asked Questions
^BSE500 and ^BSESN have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^BSE500 has higher volatility (4.00%) compared to ^BSESN (3.88%). In terms of maximum drawdown, ^BSE500 dropped -38.39% vs ^BSESN's -60.91%.
^BSE500 currently has the higher Sharpe Ratio (-0.13 vs -0.54), 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