BA.L vs. ^GSPC
Compare and contrast key facts about BAE Systems plc (BA.L) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BA.L or ^GSPC.
Key characteristics
| BA.L | ^GSPC | |
|---|---|---|
| YTD Return | 21.42% | 6.17% |
| 1Y Return | 33.69% | 23.80% |
| 3Y Return (Ann) | 42.16% | 6.51% |
| 5Y Return (Ann) | 27.75% | 11.47% |
| 10Y Return (Ann) | 17.40% | 10.41% |
| Sharpe Ratio | 1.93 | 1.97 |
| Daily Std Dev | 19.45% | 11.66% |
| Max Drawdown | -84.49% | -56.78% |
| Current Drawdown | -2.49% | -3.62% |
Correlation
The correlation between BA.L and ^GSPC is 0.21, 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
BA.L vs. ^GSPC - Performance Comparison
In the year-to-date period, BA.L achieves a 21.42% return, which is significantly higher than ^GSPC's 6.17% return. Over the past 10 years, BA.L has outperformed ^GSPC with an annualized return of 17.40%, while ^GSPC has yielded a comparatively lower 10.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BA.L vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems plc (BA.L) 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
BA.L vs. ^GSPC - Drawdown Comparison
The maximum BA.L drawdown since its inception was -84.49%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BA.L and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BA.L vs. ^GSPC - Volatility Comparison
BAE Systems plc (BA.L) has a higher volatility of 7.77% compared to S&P 500 (^GSPC) at 4.05%. This indicates that BA.L'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.