CBAT vs. ^SP500TR

Last updated Jun 4, 2026

CBAT (CBAK Energy Technology, Inc.) is a stock, while ^SP500TR (S&P 500 Total Return) is an index. Over the past 10 years, CBAT returned -11.49%/yr vs 15.59%/yr for ^SP500TR. At a 0.23 correlation, their price movements are largely independent.

Performance

CBAT vs. ^SP500TR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CBAK Energy Technology, Inc. (CBAT) and S&P 500 Total Return (^SP500TR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CBAT achieves a -7.80% return, which is significantly lower than ^SP500TR's 10.89% return. Over the past 10 years, CBAT has underperformed ^SP500TR with an annualized return of -11.49%, while ^SP500TR has yielded a comparatively higher 15.59% annualized return.

CBAT

• 1D: -2.73%
• 1M: -2.88%
• YTD: -7.80%
• 6M: -16.12%
• 1Y: -24.51%
• 3Y*: -13.75%
• 5Y*: -29.40%
• 10Y*: -11.49%

^SP500TR

• 1D: -0.74%
• 1M: 5.02%
• YTD: 10.89%
• 6M: 10.93%
• 1Y: 28.06%
• 3Y*: 22.47%
• 5Y*: 13.92%
• 10Y*: 15.59%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CBAT vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CBAT CBAK Energy Technology, Inc.	-7.80%	-11.16%	-10.48%	6.06%	-36.54%	-69.17%	340.00%	202.71%	-74.33%	5.18%
^SP500TR S&P 500 Total Return	10.89%	17.88%	25.02%	26.29%	-18.11%	28.71%	18.40%	31.49%	-4.38%	21.83%

Correlation

The correlation between CBAT and ^SP500TR is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Sep 26, 2002	0.23

The correlation between CBAT and ^SP500TR shifts across timeframes, from 0.21 (10 years) to 0.33 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

CBAT vs. ^SP500TR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CBAT

CBAT Risk / Return Rank: 21
CBAT Sharpe Ratio Rank: 21
CBAT Sortino Ratio Rank: 21
CBAT Omega Ratio Rank: 22
CBAT Calmar Ratio Rank: 19
CBAT Martin Ratio Rank: 22

^SP500TR

^SP500TR Risk / Return Rank: 79
^SP500TR Sharpe Ratio Rank: 77
^SP500TR Sortino Ratio Rank: 77
^SP500TR Omega Ratio Rank: 77
^SP500TR Calmar Ratio Rank: 76
^SP500TR Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	CBAT	^SP500TR	Difference
Sharpe ratio Return per unit of total volatility	-0.45	2.37	-2.83
Sortino ratio Return per unit of downside risk	-0.43	3.24	-3.68
Omega ratio Gain probability vs. loss probability	0.95	1.43	-0.48
Calmar ratio Return relative to maximum drawdown	-0.60	3.17	-3.77
Martin ratio Return relative to average drawdown	-0.94	14.81	-15.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CBAT vs. ^SP500TR - Sharpe Ratio Comparison

The current CBAT Sharpe Ratio is -0.45, which is lower than the ^SP500TR Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of CBAT and ^SP500TR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CBAT	^SP500TR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.45	2.37	-2.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.42	0.83	-1.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.12	0.87	-0.98
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.65	-0.65

Drawdowns

CBAT vs. ^SP500TR - Drawdown Comparison

The maximum CBAT drawdown since its inception was -99.49%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for CBAT and ^SP500TR.

Drawdown Indicators

	CBAT	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	-99.49%	-55.25%	-44.24%
Max Drawdown (1Y) Largest decline over 1 year	-41.02%	-8.89%	-32.13%
Max Drawdown (3Y) Largest decline over 3 years	-66.13%	-18.75%	-47.38%
Max Drawdown (5Y) Largest decline over 5 years	-87.20%	-24.49%	-62.71%
Max Drawdown (10Y) Largest decline over 10 years	-94.34%	-33.79%	-60.55%
Current Drawdown Current decline from peak	-98.77%	-0.74%	-98.03%
Average Drawdown Average peak-to-trough decline	-79.46%	-8.17%	-71.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.22%	1.90%	+24.32%

Volatility

CBAT vs. ^SP500TR - Volatility Comparison

CBAK Energy Technology, Inc. (CBAT) has a higher volatility of 19.90% compared to S&P 500 Total Return (^SP500TR) at 2.93%. This indicates that CBAT's price experiences larger fluctuations and is considered to be riskier than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CBAT	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.90%	2.93%	+16.97%
Volatility (6M) Calculated over the trailing 6-month period	33.39%	8.99%	+24.40%
Volatility (1Y) Calculated over the trailing 1-year period	54.09%	11.89%	+42.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.64%	16.90%	+52.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	98.79%	18.07%	+80.72%

Frequently Asked Questions

Can I hold both CBAT and ^SP500TR in my portfolio?

CBAT and ^SP500TR have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CBAT or ^SP500TR?

CBAT has higher volatility (19.90%) compared to ^SP500TR (2.93%). In terms of maximum drawdown, CBAT dropped -99.49% vs ^SP500TR's -55.25%.

Which has better risk-adjusted returns?

^SP500TR currently has the higher Sharpe Ratio (2.37 vs -0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.