BYDDY vs. ^GSPC
Compare and contrast key facts about BYD Co Ltd 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.
Performance
BYDDY vs. ^GSPC - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with BYDDY having a 24.18% return and ^GSPC slightly higher at 24.72%. Over the past 10 years, BYDDY has outperformed ^GSPC with an annualized return of 19.27%, while ^GSPC has yielded a comparatively lower 11.16% annualized return.
BYDDY
24.18%
-8.01%
29.33%
11.42%
48.56%
19.27%
^GSPC
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Key characteristics
| BYDDY | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 0.29 | 2.54 |
| Sortino Ratio | 0.69 | 3.40 |
| Omega Ratio | 1.08 | 1.47 |
| Calmar Ratio | 0.18 | 3.66 |
| Martin Ratio | 0.82 | 16.26 |
| Ulcer Index | 13.12% | 1.91% |
| Daily Std Dev | 37.72% | 12.23% |
| Max Drawdown | -97.37% | -56.78% |
| Current Drawdown | -36.11% | -0.88% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Risk-Adjusted Performance
BYDDY vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BYD Co Ltd 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 Co Ltd ADR (BYDDY) has a higher volatility of 10.73% compared to S&P 500 (^GSPC) at 3.96%. 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.