BYDDY vs. ^GSPC
Compare and contrast key facts about BYD Company Limited ADR (BYDDY) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BYDDY or ^GSPC.
Correlation
The correlation between BYDDY 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
BYDDY vs. ^GSPC - Performance Comparison
Key characteristics
BYDDY:
1.03
^GSPC:
2.10
BYDDY:
1.63
^GSPC:
2.80
BYDDY:
1.19
^GSPC:
1.39
BYDDY:
0.66
^GSPC:
3.09
BYDDY:
3.92
^GSPC:
13.49
BYDDY:
9.94%
^GSPC:
1.94%
BYDDY:
38.02%
^GSPC:
12.52%
BYDDY:
-97.37%
^GSPC:
-56.78%
BYDDY:
-34.72%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, BYDDY achieves a 26.88% return, which is significantly higher than ^GSPC's 24.34% return. Over the past 10 years, BYDDY has outperformed ^GSPC with an annualized return of 25.56%, while ^GSPC has yielded a comparatively lower 11.06% annualized return.
BYDDY
26.88%
1.83%
14.42%
34.34%
49.31%
25.56%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
BYDDY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BYD Company Limited ADR (BYDDY) 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
BYDDY vs. ^GSPC - Drawdown Comparison
The maximum BYDDY drawdown since its inception was -97.37%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for BYDDY and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
BYDDY vs. ^GSPC - Volatility Comparison
BYD Company Limited ADR (BYDDY) has a higher volatility of 10.80% compared to S&P 500 (^GSPC) at 3.79%. This indicates that BYDDY'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.