BSE.NS vs. SPY
Compare and contrast key facts about BSE Limited (BSE.NS) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSE.NS or SPY.
Key characteristics
BSE.NS | SPY | |
---|---|---|
YTD Return | 31.40% | 18.37% |
1Y Return | 127.47% | 26.96% |
3Y Return (Ann) | 97.26% | 9.40% |
5Y Return (Ann) | 79.75% | 15.01% |
Sharpe Ratio | 2.82 | 2.14 |
Daily Std Dev | 51.50% | 12.67% |
Max Drawdown | -71.15% | -55.19% |
Current Drawdown | -9.08% | -1.02% |
Correlation
The correlation between BSE.NS and SPY is 0.09, 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
BSE.NS vs. SPY - Performance Comparison
In the year-to-date period, BSE.NS achieves a 31.40% return, which is significantly higher than SPY's 18.37% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BSE.NS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BSE Limited (BSE.NS) and SPDR S&P 500 ETF (SPY). 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.
Dividends
BSE.NS vs. SPY - Dividend Comparison
BSE.NS's dividend yield for the trailing twelve months is around 0.52%, less than SPY's 1.22% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BSE Limited | 0.52% | 0.54% | 2.48% | 1.09% | 2.75% | 4.99% | 9.36% | 3.08% | 0.00% | 0.00% | 0.00% | 0.00% |
SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BSE.NS vs. SPY - Drawdown Comparison
The maximum BSE.NS drawdown since its inception was -71.15%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BSE.NS and SPY. For additional features, visit the drawdowns tool.
Volatility
BSE.NS vs. SPY - Volatility Comparison
BSE Limited (BSE.NS) has a higher volatility of 7.80% compared to SPDR S&P 500 ETF (SPY) at 3.91%. This indicates that BSE.NS's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.