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 0.18, 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
Loading data...
Key characteristics
BNB-USD:
0.21
^GSPC:
0.61
BNB-USD:
1.36
^GSPC:
1.03
BNB-USD:
1.14
^GSPC:
1.15
BNB-USD:
0.44
^GSPC:
0.67
BNB-USD:
3.00
^GSPC:
2.57
BNB-USD:
12.96%
^GSPC:
4.93%
BNB-USD:
43.64%
^GSPC:
19.67%
BNB-USD:
-80.10%
^GSPC:
-56.78%
BNB-USD:
-11.97%
^GSPC:
-4.88%
Returns By Period
In the year-to-date period, BNB-USD achieves a -5.78% return, which is significantly lower than ^GSPC's -0.64% return.
BNB-USD
-5.78%
10.61%
-0.21%
11.11%
110.09%
N/A
^GSPC
-0.64%
8.97%
-2.62%
11.90%
15.76%
10.69%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Loading data...
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.
Loading data...
Volatility
BNB-USD vs. ^GSPC - Volatility Comparison
Binance Coin (BNB-USD) has a higher volatility of 9.82% compared to S&P 500 (^GSPC) at 6.29%. 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.
Loading data...