36BZ.DE vs. ^GSPC
Compare and contrast key facts about iShares MSCI China A UCITS ETF (36BZ.DE) and S&P 500 (^GSPC).
36BZ.DE is a passively managed fund by iShares that tracks the performance of the MSCI China A Inclusion. It was launched on Apr 8, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 36BZ.DE or ^GSPC.
Key characteristics
| 36BZ.DE | ^GSPC | |
|---|---|---|
| YTD Return | 20.44% | 24.72% |
| 1Y Return | 13.67% | 32.12% |
| 3Y Return (Ann) | -6.96% | 8.33% |
| 5Y Return (Ann) | 3.53% | 13.81% |
| Sharpe Ratio | 0.53 | 2.66 |
| Sortino Ratio | 1.02 | 3.56 |
| Omega Ratio | 1.14 | 1.50 |
| Calmar Ratio | 0.33 | 3.81 |
| Martin Ratio | 1.75 | 17.03 |
| Ulcer Index | 8.32% | 1.90% |
| Daily Std Dev | 27.08% | 12.16% |
| Max Drawdown | -53.30% | -56.78% |
| Current Drawdown | -25.45% | -0.87% |
Correlation
The correlation between 36BZ.DE and ^GSPC is 0.32, 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
36BZ.DE vs. ^GSPC - Performance Comparison
In the year-to-date period, 36BZ.DE achieves a 20.44% return, which is significantly lower than ^GSPC's 24.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
36BZ.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China A UCITS ETF (36BZ.DE) 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
36BZ.DE vs. ^GSPC - Drawdown Comparison
The maximum 36BZ.DE drawdown since its inception was -53.30%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for 36BZ.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
36BZ.DE vs. ^GSPC - Volatility Comparison
iShares MSCI China A UCITS ETF (36BZ.DE) has a higher volatility of 12.02% compared to S&P 500 (^GSPC) at 3.81%. This indicates that 36BZ.DE's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.