CBAT vs. ^SP500TR

Last updated Jul 14, 2026

CBAT (CBAK Energy Technology, Inc.) is a stock, while ^SP500TR (S&P 500 Total Return) is an index. A 0.53 correlation means they provide meaningful diversification when combined.

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

CBAT

• 1D: -1.42%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

^SP500TR

• 1D: -0.79%
• 1M: 1.22%
• 6M: 8.34%
• YTD: 10.48%
• 1Y: 21.50%
• 3Y*: 20.20%
• 5Y*: 13.05%
• 10Y*: 15.18%

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

CBAT vs. ^SP500TR - Yearly Performance Comparison

	2026 (YTD)
CBAT CBAK Energy Technology, Inc.	-13.79%
^SP500TR S&P 500 Total Return	1.05%

Correlation

The correlation between CBAT and ^SP500TR is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 30, 2026	0.53

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

^SP500TR

^SP500TR Risk / Return Rank: 83
^SP500TR Sharpe Ratio Rank: 80
^SP500TR Sortino Ratio Rank: 83
^SP500TR Omega Ratio Rank: 84
^SP500TR Calmar Ratio Rank: 78
^SP500TR Martin Ratio Rank: 87

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.

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 ratio: Return per unit of total volatility	—	1.72	—
Sortino ratio: Return per unit of downside risk	—	2.37	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.43	—
Martin ratio: Return relative to average drawdown	—	10.66	—

Drawdowns

CBAT vs. ^SP500TR - Drawdown Comparison

The maximum CBAT drawdown since its inception was -17.42%, 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.

Drawdown Indicators

	CBAT	^SP500TR	Difference
Max Drawdown Largest peak-to-trough decline	-17.42%	-55.25%	+37.83%
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 Drawdown Current decline from peak	-17.42%	-1.11%	-16.31%
Average Drawdown Average peak-to-trough decline	-10.35%	-8.15%	-2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.02%	—

Volatility

Volatility by Period

	CBAT	^SP500TR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	71.91%	12.57%	+59.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.91%	17.01%	+54.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.91%	18.05%	+53.86%

Frequently Asked Questions

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

CBAT and ^SP500TR have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.