BAYN.DE vs. ^GSPC
Compare and contrast key facts about Bayer Aktiengesellschaft (BAYN.DE) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAYN.DE or ^GSPC.
Correlation
The correlation between BAYN.DE and ^GSPC is 0.35, 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
BAYN.DE vs. ^GSPC - Performance Comparison
Key characteristics
BAYN.DE:
-0.16
^GSPC:
0.89
BAYN.DE:
-0.00
^GSPC:
1.26
BAYN.DE:
1.00
^GSPC:
1.17
BAYN.DE:
-0.07
^GSPC:
1.40
BAYN.DE:
-0.28
^GSPC:
5.27
BAYN.DE:
19.43%
^GSPC:
2.25%
BAYN.DE:
33.41%
^GSPC:
13.22%
BAYN.DE:
-82.25%
^GSPC:
-56.78%
BAYN.DE:
-76.62%
^GSPC:
-6.60%
Returns By Period
In the year-to-date period, BAYN.DE achieves a 28.69% return, which is significantly higher than ^GSPC's -2.43% return. Over the past 10 years, BAYN.DE has underperformed ^GSPC with an annualized return of -12.82%, while ^GSPC has yielded a comparatively higher 10.71% annualized return.
BAYN.DE
28.69%
17.13%
-14.22%
-6.34%
-14.30%
-12.82%
^GSPC
-2.43%
-4.96%
4.27%
12.42%
14.11%
10.71%
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Risk-Adjusted Performance
BAYN.DE vs. ^GSPC — Risk-Adjusted Performance Rank
BAYN.DE
^GSPC
BAYN.DE vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bayer Aktiengesellschaft (BAYN.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
BAYN.DE vs. ^GSPC - Drawdown Comparison
The maximum BAYN.DE drawdown since its inception was -82.25%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BAYN.DE and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BAYN.DE vs. ^GSPC - Volatility Comparison
Bayer Aktiengesellschaft (BAYN.DE) has a higher volatility of 12.88% compared to S&P 500 (^GSPC) at 5.08%. This indicates that BAYN.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.