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:
0.57
^GSPC:
2.06
BNB-USD:
1.16
^GSPC:
2.74
BNB-USD:
1.12
^GSPC:
1.38
BNB-USD:
0.28
^GSPC:
3.13
BNB-USD:
1.74
^GSPC:
12.84
BNB-USD:
17.25%
^GSPC:
2.07%
BNB-USD:
48.30%
^GSPC:
12.87%
BNB-USD:
-80.10%
^GSPC:
-56.78%
BNB-USD:
-5.44%
^GSPC:
-1.54%
Returns By Period
In the year-to-date period, BNB-USD achieves a 1.20% return, which is significantly lower than ^GSPC's 1.96% return.
BNB-USD
1.20%
6.43%
19.52%
125.72%
110.11%
N/A
^GSPC
1.96%
2.21%
8.93%
23.90%
12.52%
11.46%
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.
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 12.27% compared to S&P 500 (^GSPC) at 3.98%. 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.