^BSESN vs. SPY
Compare and contrast key facts about S&P BSE SENSEX (^BSESN) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^BSESN or SPY.
Correlation
The correlation between ^BSESN and SPY is 0.23, 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.
Performance
^BSESN vs. SPY - Performance Comparison
Key characteristics
^BSESN:
0.67
SPY:
1.93
^BSESN:
0.99
SPY:
2.59
^BSESN:
1.14
SPY:
1.35
^BSESN:
0.76
SPY:
2.93
^BSESN:
1.88
SPY:
12.16
^BSESN:
4.92%
SPY:
2.02%
^BSESN:
13.80%
SPY:
12.73%
^BSESN:
-60.91%
SPY:
-55.19%
^BSESN:
-8.68%
SPY:
-1.31%
Returns By Period
In the year-to-date period, ^BSESN achieves a 0.32% return, which is significantly lower than SPY's 2.68% return. Over the past 10 years, ^BSESN has underperformed SPY with an annualized return of 10.73%, while SPY has yielded a comparatively higher 13.34% annualized return.
^BSESN
0.32%
-1.05%
-0.26%
9.28%
13.83%
10.73%
SPY
2.68%
1.66%
15.99%
23.74%
14.27%
13.34%
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Risk-Adjusted Performance
^BSESN vs. SPY — Risk-Adjusted Performance Rank
^BSESN
SPY
^BSESN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE SENSEX (^BSESN) and SPDR S&P 500 ETF (SPY). 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.
Drawdowns
^BSESN vs. SPY - Drawdown Comparison
The maximum ^BSESN drawdown since its inception was -60.91%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^BSESN and SPY. For additional features, visit the drawdowns tool.
Volatility
^BSESN vs. SPY - Volatility Comparison
S&P BSE SENSEX (^BSESN) has a higher volatility of 4.46% compared to SPDR S&P 500 ETF (SPY) at 3.62%. This indicates that ^BSESN's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.