DRREDDY.NS vs. ^BSESN
DRREDDY.NS (Dr. Reddy's Laboratories Limited) is a stock, while ^BSESN (S&P BSE SENSEX) is an index. Over the past 10 years, DRREDDY.NS returned 7.94%/yr vs 10.75%/yr for ^BSESN. At a 0.36 correlation, their price movements are largely independent.
Performance
DRREDDY.NS vs. ^BSESN - Performance Comparison
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Returns By Period
In the year-to-date period, DRREDDY.NS achieves a -0.31% return, which is significantly higher than ^BSESN's -12.74% return. Over the past 10 years, DRREDDY.NS has underperformed ^BSESN with an annualized return of 7.94%, while ^BSESN has yielded a comparatively higher 10.75% annualized return.
DRREDDY.NS
- 1D
- 0.33%
- 1M
- -0.29%
- YTD
- -0.31%
- 6M
- -0.79%
- 1Y
- 1.96%
- 3Y*
- 11.93%
- 5Y*
- 4.48%
- 10Y*
- 7.94%
^BSESN
- 1D
- 0.02%
- 1M
- -3.45%
- YTD
- -12.74%
- 6M
- -12.79%
- 1Y
- -8.20%
- 3Y*
- 5.80%
- 5Y*
- 7.37%
- 10Y*
- 10.75%
DRREDDY.NS vs. ^BSESN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRREDDY.NS Dr. Reddy's Laboratories Limited | -0.31% | -7.75% | 20.19% | 38.13% | -13.08% | -5.48% | 82.87% | 10.49% | 9.34% | -20.41% |
^BSESN S&P BSE SENSEX | -12.74% | 9.06% | 8.17% | 18.74% | 4.44% | 21.99% | 15.75% | 14.38% | 5.91% | 27.91% |
Correlation
The correlation between DRREDDY.NS and ^BSESN is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 1997 | 0.36 |
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Return for Risk
DRREDDY.NS vs. ^BSESN — Risk / Return Rank
DRREDDY.NS
^BSESN
DRREDDY.NS vs. ^BSESN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dr. Reddy's Laboratories Limited (DRREDDY.NS) and S&P BSE SENSEX (^BSESN). 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.
| DRREDDY.NS | ^BSESN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.90 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | -0.52 | +0.65 |
| Martin ratioReturn relative to average drawdown | 0.28 | -1.36 | +1.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DRREDDY.NS | ^BSESN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.09 | -0.64 | +0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.54 | -0.34 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.67 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.47 | +0.07 |
Drawdowns
DRREDDY.NS vs. ^BSESN - Drawdown Comparison
The maximum DRREDDY.NS drawdown since its inception was -64.85%, which is greater than ^BSESN's maximum drawdown of -60.91%. Use the drawdown chart below to compare losses from any high point for DRREDDY.NS and ^BSESN.
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Drawdown Indicators
| DRREDDY.NS | ^BSESN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.85% | -60.91% | -3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -14.56% | -16.11% | +1.55% |
Max Drawdown (3Y)Largest decline over 3 years | -22.62% | -16.18% | -6.44% |
Max Drawdown (5Y)Largest decline over 5 years | -32.67% | -16.85% | -15.82% |
Max Drawdown (10Y)Largest decline over 10 years | -48.03% | -38.07% | -9.96% |
Current DrawdownCurrent decline from peak | -9.64% | -13.37% | +3.73% |
Average DrawdownAverage peak-to-trough decline | -19.80% | -13.75% | -6.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.11% | 6.09% | +1.02% |
Volatility
DRREDDY.NS vs. ^BSESN - Volatility Comparison
Dr. Reddy's Laboratories Limited (DRREDDY.NS) has a higher volatility of 5.48% compared to S&P BSE SENSEX (^BSESN) at 3.67%. This indicates that DRREDDY.NS's price experiences larger fluctuations and is considered to be riskier than ^BSESN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRREDDY.NS | ^BSESN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.48% | 3.67% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 18.31% | 11.59% | +6.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.08% | 13.10% | +9.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.73% | 13.82% | +7.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.82% | 16.34% | +9.48% |
Frequently Asked Questions
DRREDDY.NS and ^BSESN have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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