^NIFTY200 vs. ^SP500TR

Last updated Apr 3, 2026

Compare and contrast key facts about NIFTY 200 (^NIFTY200) and S&P 500 Total Return (^SP500TR).

Performance

^NIFTY200 vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in NIFTY 200 (^NIFTY200) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

^NIFTY200 vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^NIFTY200 NIFTY 200	-12.42%	8.40%	13.63%	23.49%	3.65%	27.47%	15.62%	8.68%	-1.01%	33.43%
^SP500TR S&P 500 Total Return	-0.05%	23.52%	28.81%	27.16%	-9.31%	31.27%	21.38%	34.82%	4.27%	14.26%

Different Trading Currencies

^NIFTY200 is traded in INR, while ^SP500TR is traded in USD. To make them comparable, the ^SP500TR values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ^NIFTY200 achieves a -12.42% return, which is significantly lower than ^SP500TR's -0.05% return. Over the past 10 years, ^NIFTY200 has underperformed ^SP500TR with an annualized return of 12.09%, while ^SP500TR has yielded a comparatively higher 18.16% annualized return.

^NIFTY200

• 1D: 0.06%
• 1M: -8.64%
• YTD: -12.42%
• 6M: -8.13%
• 1Y: -1.55%
• 3Y*: 12.12%
• 5Y*: 10.37%
• 10Y*: 12.09%

^SP500TR

• 1D: 0.00%
• 1M: -2.20%
• YTD: -0.05%
• 6M: 3.53%
• 1Y: 27.80%
• 3Y*: 23.49%
• 5Y*: 17.40%
• 10Y*: 18.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

^NIFTY200 vs. ^SP500TR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^NIFTY200

^NIFTY200 Risk / Return Rank: 8
^NIFTY200 Sharpe Ratio Rank: 8
^NIFTY200 Sortino Ratio Rank: 7
^NIFTY200 Omega Ratio Rank: 7
^NIFTY200 Calmar Ratio Rank: 9
^NIFTY200 Martin Ratio Rank: 7

^SP500TR

^SP500TR Risk / Return Rank: 68
^SP500TR Sharpe Ratio Rank: 64
^SP500TR Sortino Ratio Rank: 68
^SP500TR Omega Ratio Rank: 71
^SP500TR Calmar Ratio Rank: 60
^SP500TR Martin Ratio Rank: 79

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.

^NIFTY200 vs. ^SP500TR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NIFTY 200 (^NIFTY200) and S&P 500 Total Return (^SP500TR). 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.

	^NIFTY200	^SP500TR	Difference
Sharpe ratio Return per unit of total volatility	-0.11	1.54	-1.65
Sortino ratio Return per unit of downside risk	-0.05	2.19	-2.24
Omega ratio Gain probability vs. loss probability	0.99	1.34	-0.35
Calmar ratio Return relative to maximum drawdown	-0.16	2.56	-2.72
Martin ratio Return relative to average drawdown	-0.65	11.79	-12.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^NIFTY200 vs. ^SP500TR - Sharpe Ratio Comparison

The current ^NIFTY200 Sharpe Ratio is -0.11, which is lower than the ^SP500TR Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of ^NIFTY200 and ^SP500TR, 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

	^NIFTY200	^SP500TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.11	1.54	-1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	1.08	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	1.07	-0.31
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.79	-0.21

Correlation

The correlation between ^NIFTY200 and ^SP500TR is 0.08, 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

^NIFTY200 vs. ^SP500TR - Drawdown Comparison

The maximum ^NIFTY200 drawdown since its inception was -64.04%, which is greater than ^SP500TR's maximum drawdown of -41.75%. Use the drawdown chart below to compare losses from any high point for ^NIFTY200 and ^SP500TR.

Drawdown Indicators

	^NIFTY200	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	-64.04%	-55.25%	-8.79%
Max Drawdown (1Y) Largest decline over 1 year	-14.89%	-8.89%	-6.00%
Max Drawdown (5Y) Largest decline over 5 years	-18.15%	-24.49%	+6.34%
Max Drawdown (10Y) Largest decline over 10 years	-38.22%	-33.79%	-4.43%
Current Drawdown Current decline from peak	-13.94%	-5.44%	-8.50%
Average Drawdown Average peak-to-trough decline	-10.98%	-8.20%	-2.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.70%	2.57%	+1.13%

Volatility

^NIFTY200 vs. ^SP500TR - Volatility Comparison

NIFTY 200 (^NIFTY200) has a higher volatility of 7.85% compared to S&P 500 Total Return (^SP500TR) at 4.02%. This indicates that ^NIFTY200's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^NIFTY200	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.85%	4.02%	+3.83%
Volatility (6M) Calculated over the trailing 6-month period	10.60%	9.34%	+1.26%
Volatility (1Y) Calculated over the trailing 1-year period	14.39%	18.15%	-3.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.31%	16.11%	-1.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.24%	17.08%	-0.84%