^NIFTY500 vs. ^GSPC
Compare and contrast key facts about Nifty 500 (^NIFTY500) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NIFTY500 or ^GSPC.
Correlation
The correlation between ^NIFTY500 and ^GSPC is 0.22, 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
^NIFTY500 vs. ^GSPC - Performance Comparison
Key characteristics
^NIFTY500:
0.40
^GSPC:
0.67
^NIFTY500:
0.62
^GSPC:
1.05
^NIFTY500:
1.09
^GSPC:
1.16
^NIFTY500:
0.35
^GSPC:
0.68
^NIFTY500:
0.78
^GSPC:
2.70
^NIFTY500:
8.54%
^GSPC:
4.78%
^NIFTY500:
16.50%
^GSPC:
19.41%
^NIFTY500:
-68.02%
^GSPC:
-56.78%
^NIFTY500:
-10.17%
^GSPC:
-7.45%
Returns By Period
In the year-to-date period, ^NIFTY500 achieves a -1.65% return, which is significantly higher than ^GSPC's -3.31% return. Over the past 10 years, ^NIFTY500 has outperformed ^GSPC with an annualized return of 12.90%, while ^GSPC has yielded a comparatively lower 10.61% annualized return.
^NIFTY500
-1.65%
3.59%
-3.58%
4.99%
23.96%
12.90%
^GSPC
-3.31%
5.38%
-0.74%
10.90%
14.93%
10.61%
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Risk-Adjusted Performance
^NIFTY500 vs. ^GSPC — Risk-Adjusted Performance Rank
^NIFTY500
^GSPC
^NIFTY500 vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nifty 500 (^NIFTY500) and S&P 500 (^GSPC). 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
^NIFTY500 vs. ^GSPC - Drawdown Comparison
The maximum ^NIFTY500 drawdown since its inception was -68.02%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^NIFTY500 and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^NIFTY500 vs. ^GSPC - Volatility Comparison
The current volatility for Nifty 500 (^NIFTY500) is 7.61%, while S&P 500 (^GSPC) has a volatility of 14.17%. This indicates that ^NIFTY500 experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.