BNB-USD vs. ^GSPC
Compare and contrast key facts about Binance Coin (BNB-USD) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNB-USD or ^GSPC.
Correlation
The correlation between BNB-USD and ^GSPC is 0.19, 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
BNB-USD vs. ^GSPC - Performance Comparison
Key characteristics
BNB-USD:
-0.03
^GSPC:
1.67
BNB-USD:
0.34
^GSPC:
2.26
BNB-USD:
1.03
^GSPC:
1.30
BNB-USD:
0.01
^GSPC:
2.53
BNB-USD:
-0.11
^GSPC:
10.30
BNB-USD:
17.82%
^GSPC:
2.08%
BNB-USD:
49.08%
^GSPC:
12.88%
BNB-USD:
-80.10%
^GSPC:
-56.78%
BNB-USD:
-17.59%
^GSPC:
-0.85%
Returns By Period
In the year-to-date period, BNB-USD achieves a -11.79% return, which is significantly lower than ^GSPC's 3.14% return.
BNB-USD
-11.79%
-11.25%
19.24%
92.75%
87.80%
N/A
^GSPC
3.14%
4.11%
13.51%
20.69%
12.47%
11.25%
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Risk-Adjusted Performance
BNB-USD vs. ^GSPC — Risk-Adjusted Performance Rank
BNB-USD
^GSPC
BNB-USD vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Binance Coin (BNB-USD) 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
BNB-USD vs. ^GSPC - Drawdown Comparison
The maximum BNB-USD drawdown since its inception was -80.10%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BNB-USD and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BNB-USD vs. ^GSPC - Volatility Comparison
Binance Coin (BNB-USD) has a higher volatility of 14.01% compared to S&P 500 (^GSPC) at 3.50%. This indicates that BNB-USD'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.