CBAT vs. ^SP500TR
CBAT (CBAK Energy Technology, Inc.) is a stock, while ^SP500TR (S&P 500 Total Return) is an index. Their 0.43 correlation means their historical movements had little consistent relationship.
Performance
CBAT vs. ^SP500TR - Performance Comparison
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Returns By Period
CBAT
- 1D
- 0.83%
- 1M
- -17.56%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
^SP500TR
- 1D
- 0.71%
- 1M
- 0.14%
- 6M
- 8.56%
- YTD
- 10.14%
- 1Y
- 21.50%
- 3Y*
- 19.43%
- 5Y*
- 12.86%
- 10Y*
- 15.17%
- ALL TIME*
- 11.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^SP500TR S&P 500 Total Return | $0.00 | $0.00 | $0.00 |
| $58.72K | $78.51K | $75.46K |
CBAT vs. ^SP500TR - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CBAT CBAK Energy Technology, Inc. | -13.93% |
^SP500TR S&P 500 Total Return | 0.74% |
Correlation
The correlation between CBAT and ^SP500TR is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026 | 0.43 |
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Return for Risk
CBAT vs. ^SP500TR — Risk / Return Rank
CBAT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
^SP500TR
CBAT vs. ^SP500TR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CBAK Energy Technology, Inc. (CBAT) and S&P 500 Total Return (^SP500TR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBAT | ^SP500TR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.21 | — |
| Martin ratioReturn relative to average drawdown | — | 9.49 | — |
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Drawdowns
CBAT vs. ^SP500TR - Drawdown Comparison
The maximum CBAT drawdown since its inception was -19.77%, smaller than the maximum ^SP500TR drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for CBAT and ^SP500TR.
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Drawdown Indicators
| CBAT | ^SP500TR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.77% | -55.25% | +35.48% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.89% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.49% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.79% | — |
Current DrawdownCurrent decline from peak | -17.56% | -1.41% | -16.15% |
Average DrawdownAverage peak-to-trough decline | -13.44% | -8.14% | -5.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.07% | — |
Volatility
CBAT vs. ^SP500TR - Volatility Comparison
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Volatility by Period
| CBAT | ^SP500TR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.11% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 65.62% | 12.87% | +52.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.62% | 17.01% | +48.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.62% | 18.07% | +47.55% |
Frequently Asked Questions
CBAT and ^SP500TR have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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