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.
Correlation
The correlation between 36BZ.DE and ^GSPC is 0.31, 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
Key characteristics
36BZ.DE:
0.69
^GSPC:
2.10
36BZ.DE:
1.23
^GSPC:
2.80
36BZ.DE:
1.17
^GSPC:
1.39
36BZ.DE:
0.45
^GSPC:
3.09
36BZ.DE:
2.17
^GSPC:
13.49
36BZ.DE:
9.04%
^GSPC:
1.94%
36BZ.DE:
28.59%
^GSPC:
12.52%
36BZ.DE:
-53.30%
^GSPC:
-56.78%
36BZ.DE:
-26.22%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, 36BZ.DE achieves a 19.19% return, which is significantly lower than ^GSPC's 24.34% return.
36BZ.DE
19.19%
-0.23%
16.17%
21.59%
2.58%
N/A
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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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 10.86% compared to S&P 500 (^GSPC) at 3.75%. 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.