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:
-0.80
^GSPC:
2.10
BRDCY:
-1.05
^GSPC:
2.80
BRDCY:
0.88
^GSPC:
1.39
BRDCY:
-0.64
^GSPC:
3.09
BRDCY:
-1.33
^GSPC:
13.49
BRDCY:
12.27%
^GSPC:
1.94%
BRDCY:
20.31%
^GSPC:
12.52%
BRDCY:
-85.88%
^GSPC:
-56.78%
BRDCY:
-25.23%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, BRDCY achieves a -18.20% return, which is significantly lower than ^GSPC's 24.34% return. Over the past 10 years, BRDCY has underperformed ^GSPC with an annualized return of 2.75%, while ^GSPC has yielded a comparatively higher 11.06% annualized return.
BRDCY
-18.20%
-2.78%
-15.06%
-18.93%
0.29%
2.75%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
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 4.19% compared to S&P 500 (^GSPC) at 3.79%. 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.