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:
-0.25
^GSPC:
0.24
BRDCY:
-0.20
^GSPC:
0.47
BRDCY:
0.98
^GSPC:
1.07
BRDCY:
-0.22
^GSPC:
0.24
BRDCY:
-0.38
^GSPC:
1.08
BRDCY:
15.75%
^GSPC:
4.25%
BRDCY:
23.98%
^GSPC:
19.00%
BRDCY:
-85.88%
^GSPC:
-56.78%
BRDCY:
-8.90%
^GSPC:
-14.02%
Returns By Period
In the year-to-date period, BRDCY achieves a 22.05% return, which is significantly higher than ^GSPC's -10.18% return. Over the past 10 years, BRDCY has underperformed ^GSPC with an annualized return of 2.69%, while ^GSPC has yielded a comparatively higher 9.65% annualized return.
BRDCY
22.05%
-0.49%
10.05%
-5.75%
9.66%
2.69%
^GSPC
-10.18%
-6.71%
-9.92%
6.35%
13.40%
9.65%
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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
The current volatility for Bridgestone Corporation (BRDCY) is 12.69%, while S&P 500 (^GSPC) has a volatility of 13.60%. This indicates that BRDCY 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.