DIDIY vs. ^GSPC
DIDIY (Didi Global Inc ADR) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 3 years, DIDIY returned -0.56%/yr vs 17.84%/yr for ^GSPC. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
DIDIY vs. ^GSPC - Performance Comparison
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Returns By Period
In the year-to-date period, DIDIY achieves a -32.95% return, which is significantly lower than ^GSPC's 9.41% return.
DIDIY
- 1D
- -0.28%
- 1M
- 1.72%
- 6M
- -24.84%
- YTD
- -32.95%
- 1Y
- -28.92%
- 3Y*
- -0.56%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -1.22%
^GSPC
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^GSPC S&P 500 Index | $37.98T | $37.61T | $41.48T |
DIDIY Didi Global Inc ADR | $18.32M | $15.21M | $21.97M |
DIDIY vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
DIDIY Didi Global Inc ADR | -32.95% | 15.54% | 15.70% | 24.21% | -14.05% |
^GSPC S&P 500 Index | 9.41% | 16.39% | 23.31% | 24.23% | 0.45% |
Correlation
The correlation between DIDIY and ^GSPC is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2022 | 0.26 |
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Return for Risk
DIDIY vs. ^GSPC — Risk / Return Rank
DIDIY
^GSPC
DIDIY vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Didi Global Inc ADR (DIDIY) and S&P 500 Index (^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.
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.
| DIDIY | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.05 | ||
| Sortino ratioReturn per unit of downside risk | -2.70 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.25 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 2.00 | -2.58 |
| Martin ratioReturn relative to average drawdown | -0.87 | 8.49 | -9.36 |
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Drawdowns
DIDIY vs. ^GSPC - Drawdown Comparison
The maximum DIDIY drawdown since its inception was -51.94%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for DIDIY and ^GSPC.
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Drawdown Indicators
| DIDIY | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.94% | -56.78% | +4.84% |
Max Drawdown (1Y)Largest decline over 1 year | -51.94% | -9.10% | -42.84% |
Max Drawdown (3Y)Largest decline over 3 years | -51.94% | -18.90% | -33.04% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -49.21% | -1.58% | -47.63% |
Average DrawdownAverage peak-to-trough decline | -21.55% | -10.70% | -10.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.11% | 2.14% | +31.97% |
Volatility
DIDIY vs. ^GSPC - Volatility Comparison
Didi Global Inc ADR (DIDIY) has a higher volatility of 12.15% compared to S&P 500 Index (^GSPC) at 3.51%. This indicates that DIDIY'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.
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Volatility by Period
| DIDIY | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.15% | 3.51% | +8.64% |
Volatility (6M)Calculated over the trailing 6-month period | 29.87% | 10.11% | +19.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.84% | 12.87% | +33.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.90% | 17.01% | +33.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.90% | 18.07% | +32.83% |
Frequently Asked Questions
DIDIY and ^GSPC have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIDIY has higher volatility (12.15%) compared to ^GSPC (3.51%). In terms of maximum drawdown, DIDIY dropped -51.94% vs ^GSPC's -56.78%.
^GSPC currently has the higher Sharpe Ratio (1.42 vs -0.64), 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.
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