BBIO vs. ^GSPC
Compare and contrast key facts about BridgeBio Pharma, Inc. (BBIO) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBIO or ^GSPC.
Correlation
The correlation between BBIO and ^GSPC is 0.36, 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
BBIO vs. ^GSPC - Performance Comparison
Key characteristics
BBIO:
0.04
^GSPC:
1.62
BBIO:
0.49
^GSPC:
2.20
BBIO:
1.06
^GSPC:
1.30
BBIO:
0.04
^GSPC:
2.46
BBIO:
0.10
^GSPC:
10.01
BBIO:
23.94%
^GSPC:
2.08%
BBIO:
56.47%
^GSPC:
12.88%
BBIO:
-92.80%
^GSPC:
-56.78%
BBIO:
-49.07%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, BBIO achieves a 34.29% return, which is significantly higher than ^GSPC's 2.24% return.
BBIO
34.29%
2.82%
45.59%
9.67%
0.39%
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
BBIO vs. ^GSPC — Risk-Adjusted Performance Rank
BBIO
^GSPC
BBIO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BridgeBio Pharma, Inc. (BBIO) 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
BBIO vs. ^GSPC - Drawdown Comparison
The maximum BBIO drawdown since its inception was -92.80%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BBIO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BBIO vs. ^GSPC - Volatility Comparison
BridgeBio Pharma, Inc. (BBIO) has a higher volatility of 18.32% compared to S&P 500 (^GSPC) at 3.43%. This indicates that BBIO'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.