BKH vs. ^SP500TR
Compare and contrast key facts about Black Hills Corporation (BKH) and S&P 500 Total Return (^SP500TR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKH or ^SP500TR.
Key characteristics
| BKH | ^SP500TR | |
|---|---|---|
| YTD Return | 6.42% | 10.56% |
| 1Y Return | -8.68% | 28.80% |
| 3Y Return (Ann) | -2.04% | 9.64% |
| 5Y Return (Ann) | -2.35% | 14.69% |
| 10Y Return (Ann) | 3.40% | 12.92% |
| Sharpe Ratio | -0.41 | 2.52 |
| Daily Std Dev | 23.25% | 11.57% |
| Max Drawdown | -65.73% | -55.25% |
| Current Drawdown | -23.59% | 0.00% |
Correlation
The correlation between BKH and ^SP500TR is 0.38, 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
BKH vs. ^SP500TR - Performance Comparison
In the year-to-date period, BKH achieves a 6.42% return, which is significantly lower than ^SP500TR's 10.56% return. Over the past 10 years, BKH has underperformed ^SP500TR with an annualized return of 3.40%, while ^SP500TR has yielded a comparatively higher 12.92% 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
BKH vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Black Hills Corporation (BKH) and S&P 500 Total Return (^SP500TR). 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
BKH vs. ^SP500TR - Drawdown Comparison
The maximum BKH drawdown since its inception was -65.73%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for BKH and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
BKH vs. ^SP500TR - Volatility Comparison
Black Hills Corporation (BKH) has a higher volatility of 5.22% compared to S&P 500 Total Return (^SP500TR) at 3.36%. This indicates that BKH's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.