INDEX vs. BSPPX
INDEX (CYBER HORNET S&P 500) and BSPPX (iShares S&P 500 Index Fund Investor P Shares) are both S&P 500 funds tracking the S&P 500 Index, from CYBER HORNET and iShares respectively. Both are passively managed. Over the past 5 years, INDEX returned 11.68%/yr vs 13.01%/yr for BSPPX. Their correlation of 0.94 means they have usually moved in the same direction. INDEX charges 0.25%/yr vs 0.35%/yr for BSPPX.
Performance
INDEX vs. BSPPX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with INDEX having a 13.59% return and BSPPX slightly lower at 13.52%.
INDEX
- 1D
- 1.80%
- 1M
- 2.68%
- 6M
- 12.96%
- YTD
- 13.59%
- 1Y
- 24.22%
- 3Y*
- 19.58%
- 5Y*
- 11.68%
- 10Y*
- 12.91%
- ALL TIME*
- 11.57%
BSPPX
- 1D
- 1.79%
- 1M
- 2.67%
- 6M
- 12.85%
- YTD
- 13.52%
- 1Y
- 23.81%
- 3Y*
- 21.16%
- 5Y*
- 13.01%
- 10Y*
- —
- ALL TIME*
- 14.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
INDEX CYBER HORNET S&P 500 | $0.00 | $0.00 | $0.00 |
INDEX vs. BSPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
INDEX CYBER HORNET S&P 500 | 13.59% | 17.77% | 24.73% | 10.58% | -11.84% | 29.10% | 12.75% | 28.98% | -13.76% |
BSPPX iShares S&P 500 Index Fund Investor P Shares | 13.52% | 17.46% | 24.54% | 25.85% | -18.40% | 28.23% | 18.05% | 31.02% | -13.57% |
Correlation
The correlation between INDEX and BSPPX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Sep 28, 2018 | 0.94 |
The correlation between INDEX and BSPPX has been stable across timeframes, ranging from 0.94 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
INDEX vs. BSPPX — Risk / Return Rank
INDEX
BSPPX
INDEX vs. BSPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CYBER HORNET S&P 500 (INDEX) and iShares S&P 500 Index Fund Investor P Shares (BSPPX). 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.
| INDEX | BSPPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.33 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 2.61 | +0.05 |
| Martin ratioReturn relative to average drawdown | 11.45 | 11.15 | +0.30 |
Loading charts...
Drawdowns
INDEX vs. BSPPX - Drawdown Comparison
The maximum INDEX drawdown since its inception was -38.82%, which is greater than BSPPX's maximum drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for INDEX and BSPPX.
Loading charts...
Drawdown Indicators
| INDEX | BSPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.82% | -33.76% | -5.06% |
Max Drawdown (1Y)Largest decline over 1 year | -8.93% | -8.95% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -18.75% | -18.77% | +0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -21.52% | -24.70% | +3.18% |
Max Drawdown (10Y)Largest decline over 10 years | -38.82% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -4.59% | -5.15% | +0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 2.09% | -0.02% |
Volatility
INDEX vs. BSPPX - Volatility Comparison
CYBER HORNET S&P 500 (INDEX) and iShares S&P 500 Index Fund Investor P Shares (BSPPX) have volatilities of 4.13% and 4.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| INDEX | BSPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 4.13% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 10.35% | 10.32% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.91% | 12.93% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.85% | 17.02% | -0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.63% | 19.65% | -1.02% |
INDEX vs. BSPPX - Expense Ratio Comparison
INDEX has a 0.25% expense ratio, which is lower than BSPPX's 0.35% expense ratio.
Dividends
INDEX vs. BSPPX - Dividend Comparison
INDEX's dividend yield for the trailing twelve months is around 0.92%, less than BSPPX's 1.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BSPPX iShares S&P 500 Index Fund Investor P Shares | 1.32% | 1.43% | 1.12% | 1.22% | 1.67% | 1.53% | 1.38% | 1.70% | 1.35% | 0.00% |
INDEX CYBER HORNET S&P 500 | 0.92% | 1.04% | 1.97% | 1.56% | 3.25% | 1.81% | 1.53% | 1.61% | 3.09% | 1.15% |
Frequently Asked Questions
With a correlation of 1.00, INDEX and BSPPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BSPPX has higher volatility (4.13%) compared to INDEX (4.13%). In terms of maximum drawdown, INDEX dropped -38.82% vs BSPPX's -33.76%.
INDEX currently has the higher Sharpe Ratio (1.85 vs 1.81), 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.
Find the right allocation for INDEX and BSPPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer