BRDCY vs. ^GSPC
Compare and contrast key facts about Bridgestone Corporation (BRDCY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRDCY or ^GSPC.
Correlation
The correlation between BRDCY and ^GSPC is 0.35, 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
BRDCY vs. ^GSPC - Performance Comparison
Key characteristics
BRDCY:
-0.28
^GSPC:
1.62
BRDCY:
-0.25
^GSPC:
2.20
BRDCY:
0.97
^GSPC:
1.30
BRDCY:
-0.22
^GSPC:
2.46
BRDCY:
-0.39
^GSPC:
10.01
BRDCY:
15.07%
^GSPC:
2.08%
BRDCY:
21.14%
^GSPC:
12.88%
BRDCY:
-85.88%
^GSPC:
-56.78%
BRDCY:
-12.42%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, BRDCY achieves a 17.34% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, BRDCY has underperformed ^GSPC with an annualized return of 3.39%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
BRDCY
17.34%
14.94%
-1.94%
-7.86%
5.00%
3.39%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
BRDCY vs. ^GSPC — Risk-Adjusted Performance Rank
BRDCY
^GSPC
BRDCY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridgestone Corporation (BRDCY) 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
BRDCY vs. ^GSPC - Drawdown Comparison
The maximum BRDCY drawdown since its inception was -85.88%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BRDCY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BRDCY vs. ^GSPC - Volatility Comparison
Bridgestone Corporation (BRDCY) has a higher volatility of 7.32% compared to S&P 500 (^GSPC) at 3.43%. This indicates that BRDCY'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.