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:
-0.60
^GSPC:
1.83
BRDCY:
-0.73
^GSPC:
2.47
BRDCY:
0.92
^GSPC:
1.33
BRDCY:
-0.47
^GSPC:
2.76
BRDCY:
-0.84
^GSPC:
11.27
BRDCY:
14.99%
^GSPC:
2.08%
BRDCY:
21.05%
^GSPC:
12.79%
BRDCY:
-85.88%
^GSPC:
-56.78%
BRDCY:
-16.55%
^GSPC:
-0.07%
Returns By Period
In the year-to-date period, BRDCY achieves a 11.80% return, which is significantly higher than ^GSPC's 3.96% return. Over the past 10 years, BRDCY has underperformed ^GSPC with an annualized return of 2.80%, while ^GSPC has yielded a comparatively higher 11.26% annualized return.
BRDCY
11.80%
12.00%
-5.16%
-11.26%
3.55%
2.80%
^GSPC
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
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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 7.07% compared to S&P 500 (^GSPC) at 3.21%. 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.