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 0.37, 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:
0.59
^GSPC:
0.24
BBIO:
1.25
^GSPC:
0.47
BBIO:
1.15
^GSPC:
1.07
BBIO:
0.49
^GSPC:
0.24
BBIO:
2.39
^GSPC:
1.08
BBIO:
14.29%
^GSPC:
4.25%
BBIO:
57.56%
^GSPC:
19.00%
BBIO:
-92.80%
^GSPC:
-56.78%
BBIO:
-53.19%
^GSPC:
-14.02%
Returns By Period
In the year-to-date period, BBIO achieves a 23.43% return, which is significantly higher than ^GSPC's -10.18% return.
BBIO
23.43%
0.36%
30.17%
35.75%
4.35%
N/A
^GSPC
-10.18%
-6.92%
-9.92%
5.42%
12.98%
9.70%
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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 18.04% compared to S&P 500 (^GSPC) at 13.60%. 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.