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^BSESN vs. ^SSEC
Performance
Return for Risk
Drawdowns
Volatility

^BSESN vs. ^SSEC

Last updated Jun 3, 2026

^BSESN (S&P BSE SENSEX) and ^SSEC (Shanghai Composite) are both indexes. Over the past 10 years, ^BSESN returned 10.77%/yr vs 6.71%/yr for ^SSEC. At a 0.12 correlation, their price movements are largely independent.

Performance

^BSESN vs. ^SSEC - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in S&P BSE SENSEX (^BSESN) and Shanghai Composite (^SSEC). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

^BSESN is traded in INR, while ^SSEC is traded in CNY. To make them comparable, the ^SSEC values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ^BSESN achieves a -12.40% return, which is significantly lower than ^SSEC's 12.63% return. Over the past 10 years, ^BSESN has outperformed ^SSEC with an annualized return of 10.77%, while ^SSEC has yielded a comparatively lower 6.71% annualized return.

^BSESN

1D
0.52%
1M
-2.94%
YTD
-12.40%
6M
-12.32%
1Y
-8.26%
3Y*
6.07%
5Y*
7.40%
10Y*
10.77%

^SSEC

1D
0.79%
1M
0.49%
YTD
12.63%
6M
15.90%
1Y
44.47%
3Y*
15.20%
5Y*
6.98%
10Y*
6.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

^BSESN vs. ^SSEC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
^BSESN
S&P BSE SENSEX		-12.40%9.06%8.17%18.74%4.44%21.99%15.75%14.38%5.91%27.91%
^SSEC
Shanghai Composite		12.63%29.51%12.87%-5.75%-13.45%9.80%24.53%23.35%-21.84%6.60%

Correlation

The correlation between ^BSESN and ^SSEC is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.13

Correlation (3Y)
Calculated over the trailing 3-year period

0.05

Correlation (5Y)
Calculated over the trailing 5-year period

0.11

Correlation (10Y)
Calculated over the trailing 10-year period

0.13

Correlation (All Time)
Calculated using the full available price history since Jul 2, 2007

0.12

Compare stocks, funds, or ETFs

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S&P BSE SENSEX

Shanghai Composite

Often compared with ^BSESN:
^BSESN vs. SPY^BSESN vs. ^BSE500^BSESN vs. TCS.NS^BSESN vs. DMART.NS^BSESN vs. EPI^BSESN vs. ASIANPAINT.NS^BSESN vs. VOO
Often compared with ^SSEC:
^SSEC vs. ^HSI^SSEC vs. INDF^SSEC vs. ^NDX^SSEC vs. ABT^SSEC vs. SPY^SSEC vs. ^GSPC^SSEC vs. VTI

Return for Risk

^BSESN vs. ^SSEC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
^BSESN
^BSESN Risk / Return Rank: 11
Overall Rank
^BSESN Sharpe Ratio Rank: 11
Sharpe Ratio Rank
^BSESN Sortino Ratio Rank: 11
Sortino Ratio Rank
^BSESN Omega Ratio Rank: 11
Omega Ratio Rank
^BSESN Calmar Ratio Rank: 22
Calmar Ratio Rank
^BSESN Martin Ratio Rank: 11
Martin Ratio Rank
^SSEC
^SSEC Risk / Return Rank: 6060
Overall Rank
^SSEC Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
^SSEC Sortino Ratio Rank: 5858
Sortino Ratio Rank
^SSEC Omega Ratio Rank: 6666
Omega Ratio Rank
^SSEC Calmar Ratio Rank: 5757
Calmar Ratio Rank
^SSEC Martin Ratio Rank: 5959
Martin Ratio Rank
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.

^BSESN vs. ^SSEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P BSE SENSEX (^BSESN) and Shanghai Composite (^SSEC). 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.

^BSESN^SSECDifference

Sharpe ratio

Return per unit of total volatility

-0.64

3.35

-3.99

Sortino ratio

Return per unit of downside risk

-0.81

4.25

-5.06

Omega ratio

Gain probability vs. loss probability

0.90

1.60

-0.70

Calmar ratio

Return relative to maximum drawdown

-0.53

6.15

-6.67

Martin ratio

Return relative to average drawdown

-1.42

24.70

-26.12

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^BSESN vs. ^SSEC - Sharpe Ratio Comparison

The current ^BSESN Sharpe Ratio is -0.64, which is lower than the ^SSEC Sharpe Ratio of 3.35. The chart below compares the historical Sharpe Ratios of ^BSESN and ^SSEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

^BSESN^SSECDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.64

3.35

-3.99

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.55

0.42

+0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.67

0.40

+0.28

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.25

+0.22

Drawdowns

^BSESN vs. ^SSEC - Drawdown Comparison

The maximum ^BSESN drawdown since its inception was -60.91%, roughly equal to the maximum ^SSEC drawdown of -62.81%. Use the drawdown chart below to compare losses from any high point for ^BSESN and ^SSEC.

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Drawdown Indicators

^BSESN^SSECDifference

Max Drawdown

Largest peak-to-trough decline

-60.91%

-62.81%

+1.90%

Max Drawdown (1Y)

Largest decline over 1 year

-16.11%

-7.18%

-8.93%

Max Drawdown (3Y)

Largest decline over 3 years

-16.18%

-17.82%

+1.64%

Max Drawdown (5Y)

Largest decline over 5 years

-16.85%

-29.38%

+12.53%

Max Drawdown (10Y)

Largest decline over 10 years

-38.07%

-29.78%

-8.29%

Current Drawdown

Current decline from peak

-13.03%

-3.88%

-9.15%

Average Drawdown

Average peak-to-trough decline

-13.75%

-33.39%

+19.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.97%

1.79%

+4.18%

Volatility

^BSESN vs. ^SSEC - Volatility Comparison

The current volatility for S&P BSE SENSEX (^BSESN) is 3.94%, while Shanghai Composite (^SSEC) has a volatility of 4.66%. This indicates that ^BSESN experiences smaller price fluctuations and is considered to be less risky than ^SSEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

^BSESN^SSECDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.94%

4.66%

-0.72%

Volatility (6M)

Calculated over the trailing 6-month period

11.59%

11.01%

+0.58%

Volatility (1Y)

Calculated over the trailing 1-year period

13.12%

13.91%

-0.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.83%

17.17%

-3.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.35%

17.65%

-1.30%

Frequently Asked Questions

^BSESN and ^SSEC have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

^SSEC has higher volatility (4.66%) compared to ^BSESN (3.94%). In terms of maximum drawdown, ^BSESN dropped -60.91% vs ^SSEC's -62.81%.

^SSEC currently has the higher Sharpe Ratio (3.35 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.

Portfolio Optimizer

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