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:
1.11
^GSPC:
2.06
BYDDY:
1.74
^GSPC:
2.74
BYDDY:
1.21
^GSPC:
1.38
BYDDY:
0.71
^GSPC:
3.13
BYDDY:
4.08
^GSPC:
12.83
BYDDY:
10.32%
^GSPC:
2.07%
BYDDY:
37.98%
^GSPC:
12.85%
BYDDY:
-97.37%
^GSPC:
-56.78%
BYDDY:
-33.25%
^GSPC:
-0.67%
Returns By Period
In the year-to-date period, BYDDY achieves a 3.96% return, which is significantly higher than ^GSPC's 2.85% return. Over the past 10 years, BYDDY has outperformed ^GSPC with an annualized return of 25.53%, while ^GSPC has yielded a comparatively lower 11.45% annualized return.
BYDDY
3.96%
2.26%
16.41%
44.43%
43.59%
25.53%
^GSPC
2.85%
2.00%
8.88%
24.72%
12.77%
11.45%
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Risk-Adjusted Performance
BYDDY vs. ^GSPC — Risk-Adjusted Performance Rank
BYDDY
^GSPC
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 8.65% compared to S&P 500 (^GSPC) at 5.14%. 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.