BASF.NS vs. SPY
Compare and contrast key facts about BASF India Limited (BASF.NS) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BASF.NS or SPY.
Correlation
The correlation between BASF.NS and SPY is 0.08, 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
BASF.NS vs. SPY - Performance Comparison
Key characteristics
BASF.NS:
1.66
SPY:
2.21
BASF.NS:
2.41
SPY:
2.93
BASF.NS:
1.33
SPY:
1.41
BASF.NS:
2.31
SPY:
3.26
BASF.NS:
6.77
SPY:
14.40
BASF.NS:
12.32%
SPY:
1.90%
BASF.NS:
50.68%
SPY:
12.44%
BASF.NS:
-64.81%
SPY:
-55.19%
BASF.NS:
-34.08%
SPY:
-1.83%
Returns By Period
In the year-to-date period, BASF.NS achieves a 84.40% return, which is significantly higher than SPY's 26.72% return. Over the past 10 years, BASF.NS has outperformed SPY with an annualized return of 17.35%, while SPY has yielded a comparatively lower 13.04% annualized return.
BASF.NS
84.40%
0.19%
7.14%
86.77%
42.63%
17.35%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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Risk-Adjusted Performance
BASF.NS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BASF India Limited (BASF.NS) and SPDR S&P 500 ETF (SPY). 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.
Dividends
BASF.NS vs. SPY - Dividend Comparison
BASF.NS's dividend yield for the trailing twelve months is around 0.27%, less than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BASF.NS BASF India Limited | 0.27% | 0.26% | 0.21% | 0.16% | 0.18% | 0.30% | 0.19% | 0.05% | 0.09% | 0.42% | 0.31% | 0.62% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BASF.NS vs. SPY - Drawdown Comparison
The maximum BASF.NS drawdown since its inception was -64.81%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BASF.NS and SPY. For additional features, visit the drawdowns tool.
Volatility
BASF.NS vs. SPY - Volatility Comparison
BASF India Limited (BASF.NS) has a higher volatility of 9.22% compared to SPDR S&P 500 ETF (SPY) at 3.81%. This indicates that BASF.NS's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.