^SSEC vs. ^BSESN

Last updated Apr 1, 2026

Compare and contrast key facts about Shanghai Composite (^SSEC) and S&P BSE SENSEX (^BSESN).

Performance

^SSEC vs. ^BSESN - Performance Comparison

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

^SSEC vs. ^BSESN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SSEC Shanghai Composite	-1.94%	18.41%	12.67%	-3.70%	-15.13%	4.80%	13.87%	22.30%	-24.59%	6.56%
^BSESN S&P BSE SENSEX	-20.47%	-0.49%	8.18%	21.55%	2.06%	16.41%	6.14%	12.91%	2.55%	27.60%

Different Trading Currencies

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

Returns By Period

In the year-to-date period, ^SSEC achieves a -1.94% return, which is significantly higher than ^BSESN's -20.47% return. Over the past 10 years, ^SSEC has underperformed ^BSESN with an annualized return of 2.60%, while ^BSESN has yielded a comparatively higher 7.90% annualized return.

^SSEC

• 1D: -0.80%
• 1M: -6.51%
• YTD: -1.94%
• 6M: 0.23%
• 1Y: 16.67%
• 3Y*: 5.94%
• 5Y*: 2.34%
• 10Y*: 2.60%

^BSESN

• 1D: -1.78%
• 1M: -13.85%
• YTD: -20.47%
• 6M: -17.99%
• 1Y: -19.76%
• 3Y*: 2.27%
• 5Y*: 3.54%
• 10Y*: 7.90%

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

Return for Risk

^SSEC vs. ^BSESN — Risk / Return Rank

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

^SSEC

^SSEC Risk / Return Rank: 74
^SSEC Sharpe Ratio Rank: 83
^SSEC Sortino Ratio Rank: 73
^SSEC Omega Ratio Rank: 82
^SSEC Calmar Ratio Rank: 63
^SSEC Martin Ratio Rank: 70

^BSESN

^BSESN Risk / Return Rank: 2
^BSESN Sharpe Ratio Rank: 2
^BSESN Sortino Ratio Rank: 2
^BSESN Omega Ratio Rank: 2
^BSESN Calmar Ratio Rank: 5
^BSESN Martin Ratio Rank: 2

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.

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

This table presents a comparison of risk-adjusted performance metrics for Shanghai Composite (^SSEC) 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.

	^SSEC	^BSESN	Difference
Sharpe ratio Return per unit of total volatility	1.25	-1.35	+2.59
Sortino ratio Return per unit of downside risk	1.53	-1.90	+3.43
Omega ratio Gain probability vs. loss probability	1.26	0.78	+0.48
Calmar ratio Return relative to maximum drawdown	1.40	-0.73	+2.13
Martin ratio Return relative to average drawdown	5.40	-2.29	+7.70
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SSEC vs. ^BSESN - Sharpe Ratio Comparison

The current ^SSEC Sharpe Ratio is 1.25, which is higher than the ^BSESN Sharpe Ratio of -1.35. The chart below compares the historical Sharpe Ratios of ^SSEC and ^BSESN, 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

	^SSEC	^BSESN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	-1.35	+2.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	0.24	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	0.45	-0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.16	+0.15

Correlation

The correlation between ^SSEC and ^BSESN is 0.18, 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

^SSEC vs. ^BSESN - Drawdown Comparison

The maximum ^SSEC drawdown since its inception was -78.27%, which is greater than ^BSESN's maximum drawdown of -72.18%. Use the drawdown chart below to compare losses from any high point for ^SSEC and ^BSESN.

Drawdown Indicators

	^SSEC	^BSESN	Difference
Max Drawdown Largest peak-to-trough decline	-78.27%	-60.91%	-17.36%
Max Drawdown (1Y) Largest decline over 1 year	-8.83%	-16.11%	+7.28%
Max Drawdown (5Y) Largest decline over 5 years	-27.27%	-16.85%	-10.42%
Max Drawdown (10Y) Largest decline over 10 years	-30.77%	-38.07%	+7.30%
Current Drawdown Current decline from peak	-36.12%	-16.18%	-19.94%
Average Drawdown Average peak-to-trough decline	-39.97%	-13.76%	-26.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	3.93%	-1.41%

Volatility

^SSEC vs. ^BSESN - Volatility Comparison

The current volatility for Shanghai Composite (^SSEC) is 5.42%, while S&P BSE SENSEX (^BSESN) has a volatility of 6.48%. This indicates that ^SSEC experiences smaller price fluctuations and is considered to be less risky than ^BSESN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^SSEC	^BSESN	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.42%	6.48%	-1.06%
Volatility (6M) Calculated over the trailing 6-month period	9.48%	10.33%	-0.85%
Volatility (1Y) Calculated over the trailing 1-year period	13.98%	14.64%	-0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.56%	15.09%	+0.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.30%	17.85%	-1.55%