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:
3.05
^GSPC:
1.62
BYDDY:
3.74
^GSPC:
2.20
BYDDY:
1.45
^GSPC:
1.30
BYDDY:
2.13
^GSPC:
2.46
BYDDY:
11.50
^GSPC:
10.01
BYDDY:
10.41%
^GSPC:
2.08%
BYDDY:
39.36%
^GSPC:
12.88%
BYDDY:
-97.37%
^GSPC:
-56.78%
BYDDY:
-4.68%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, BYDDY achieves a 48.45% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, BYDDY has outperformed ^GSPC with an annualized return of 27.95%, while ^GSPC has yielded a comparatively lower 11.04% annualized return.
BYDDY
48.45%
42.15%
73.61%
114.86%
50.54%
27.95%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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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 15.38% compared to S&P 500 (^GSPC) at 3.43%. 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.