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
Key characteristics
BNB-USD:
0.66
^GSPC:
0.22
BNB-USD:
1.25
^GSPC:
0.44
BNB-USD:
1.13
^GSPC:
1.06
BNB-USD:
0.38
^GSPC:
0.22
BNB-USD:
2.91
^GSPC:
1.02
BNB-USD:
11.96%
^GSPC:
4.15%
BNB-USD:
43.78%
^GSPC:
19.00%
BNB-USD:
-80.10%
^GSPC:
-56.78%
BNB-USD:
-22.32%
^GSPC:
-14.13%
Returns By Period
In the year-to-date period, BNB-USD achieves a -16.86% return, which is significantly lower than ^GSPC's -10.30% return.
BNB-USD
-16.86%
-7.69%
-3.00%
8.36%
105.94%
N/A
^GSPC
-10.30%
-7.04%
-9.70%
4.44%
12.96%
9.77%
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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
The current volatility for Binance Coin (BNB-USD) is 11.92%, while S&P 500 (^GSPC) has a volatility of 13.61%. This indicates that BNB-USD experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.