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:
2.59
^GSPC:
1.83
BYDDY:
3.32
^GSPC:
2.47
BYDDY:
1.40
^GSPC:
1.33
BYDDY:
1.80
^GSPC:
2.76
BYDDY:
9.78
^GSPC:
11.27
BYDDY:
10.42%
^GSPC:
2.08%
BYDDY:
39.47%
^GSPC:
12.79%
BYDDY:
-97.37%
^GSPC:
-56.78%
BYDDY:
-11.72%
^GSPC:
-0.07%
Returns By Period
In the year-to-date period, BYDDY achieves a 37.49% return, which is significantly higher than ^GSPC's 3.96% return. Over the past 10 years, BYDDY has outperformed ^GSPC with an annualized return of 27.22%, while ^GSPC has yielded a comparatively lower 11.30% annualized return.
BYDDY
37.49%
39.87%
63.77%
101.44%
53.33%
27.22%
^GSPC
3.96%
2.77%
10.09%
21.57%
12.62%
11.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 15.17% compared to S&P 500 (^GSPC) at 3.21%. 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.