ABBN.SW vs. ^SSMI
ABBN.SW (ABB Ltd) is a stock, while ^SSMI (Swiss Market Index) is an index. Over the past 10 years, ABBN.SW returned 20.17%/yr vs 5.03%/yr for ^SSMI. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
ABBN.SW vs. ^SSMI - Performance Comparison
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Returns By Period
In the year-to-date period, ABBN.SW achieves a 45.07% return, which is significantly higher than ^SSMI's 0.56% return. Over the past 10 years, ABBN.SW has outperformed ^SSMI with an annualized return of 20.17%, while ^SSMI has yielded a comparatively lower 5.03% annualized return.
ABBN.SW
- 1D
- -1.05%
- 1M
- 2.74%
- YTD
- 45.07%
- 6M
- 46.41%
- 1Y
- 81.86%
- 3Y*
- 38.12%
- 5Y*
- 26.83%
- 10Y*
- 20.17%
^SSMI
- 1D
- 0.93%
- 1M
- 0.44%
- YTD
- 0.56%
- 6M
- 3.13%
- 1Y
- 8.31%
- 3Y*
- 5.34%
- 5Y*
- 2.89%
- 10Y*
- 5.03%
ABBN.SW vs. ^SSMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABBN.SW ABB Ltd | 45.07% | 23.04% | 34.28% | 36.79% | -9.93% | 45.42% | 10.94% | 30.22% | -25.73% | 25.97% |
^SSMI Swiss Market Index | 0.56% | 14.37% | 4.16% | 3.81% | -16.67% | 20.29% | 0.82% | 25.95% | -10.15% | 14.14% |
Correlation
The correlation between ABBN.SW and ^SSMI is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 1995 | 0.65 |
The correlation between ABBN.SW and ^SSMI shifts across timeframes, from 0.46 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ABBN.SW vs. ^SSMI — Risk / Return Rank
ABBN.SW
^SSMI
ABBN.SW vs. ^SSMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ABB Ltd (ABBN.SW) and Swiss Market Index (^SSMI). 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.
| ABBN.SW | ^SSMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.38 | ||
| Sortino ratioReturn per unit of downside risk | +3.37 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.14 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 6.89 | 0.71 | +6.18 |
| Martin ratioReturn relative to average drawdown | 24.37 | 2.19 | +22.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ABBN.SW | ^SSMI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.10 | 0.72 | +2.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 0.22 | +0.87 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.35 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.36 | -0.14 |
Drawdowns
ABBN.SW vs. ^SSMI - Drawdown Comparison
The maximum ABBN.SW drawdown since its inception was -97.01%, which is greater than ^SSMI's maximum drawdown of -56.31%. Use the drawdown chart below to compare losses from any high point for ABBN.SW and ^SSMI.
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Drawdown Indicators
| ABBN.SW | ^SSMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.01% | -56.31% | -40.70% |
Max Drawdown (1Y)Largest decline over 1 year | -12.14% | -12.08% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -26.10% | -17.31% | -8.79% |
Max Drawdown (5Y)Largest decline over 5 years | -28.32% | -22.34% | -5.98% |
Max Drawdown (10Y)Largest decline over 10 years | -40.53% | -27.54% | -12.99% |
Current DrawdownCurrent decline from peak | -1.67% | -4.80% | +3.13% |
Average DrawdownAverage peak-to-trough decline | -35.57% | -14.56% | -21.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 3.90% | -0.49% |
Volatility
ABBN.SW vs. ^SSMI - Volatility Comparison
ABB Ltd (ABBN.SW) has a higher volatility of 7.86% compared to Swiss Market Index (^SSMI) at 3.54%. This indicates that ABBN.SW's price experiences larger fluctuations and is considered to be riskier than ^SSMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABBN.SW | ^SSMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.86% | 3.54% | +4.32% |
Volatility (6M)Calculated over the trailing 6-month period | 20.95% | 9.46% | +11.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.04% | 12.01% | +15.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.90% | 13.39% | +11.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.11% | 14.28% | +9.83% |
Frequently Asked Questions
ABBN.SW and ^SSMI have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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