KOTAKBANK.NS vs. ^GSPC
Compare and contrast key facts about Kotak Mahindra Bank Limited (KOTAKBANK.NS) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: KOTAKBANK.NS or ^GSPC.
Key characteristics
| KOTAKBANK.NS | ^GSPC | |
|---|---|---|
| YTD Return | -10.20% | 24.72% |
| 1Y Return | -3.47% | 32.12% |
| 3Y Return (Ann) | -6.58% | 8.33% |
| 5Y Return (Ann) | 1.10% | 13.81% |
| 10Y Return (Ann) | 12.18% | 11.31% |
| Sharpe Ratio | -0.09 | 2.66 |
| Sortino Ratio | 0.03 | 3.56 |
| Omega Ratio | 1.00 | 1.50 |
| Calmar Ratio | -0.07 | 3.81 |
| Martin Ratio | -0.26 | 17.03 |
| Ulcer Index | 7.93% | 1.90% |
| Daily Std Dev | 22.80% | 12.16% |
| Max Drawdown | -97.79% | -56.78% |
| Current Drawdown | -22.55% | -0.87% |
Correlation
The correlation between KOTAKBANK.NS and ^GSPC is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
KOTAKBANK.NS vs. ^GSPC - Performance Comparison
In the year-to-date period, KOTAKBANK.NS achieves a -10.20% return, which is significantly lower than ^GSPC's 24.72% return. Over the past 10 years, KOTAKBANK.NS has outperformed ^GSPC with an annualized return of 12.18%, while ^GSPC has yielded a comparatively lower 11.31% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
KOTAKBANK.NS vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kotak Mahindra Bank Limited (KOTAKBANK.NS) and S&P 500 (^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.
Drawdowns
KOTAKBANK.NS vs. ^GSPC - Drawdown Comparison
The maximum KOTAKBANK.NS drawdown since its inception was -97.79%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for KOTAKBANK.NS and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
KOTAKBANK.NS vs. ^GSPC - Volatility Comparison
Kotak Mahindra Bank Limited (KOTAKBANK.NS) has a higher volatility of 5.88% compared to S&P 500 (^GSPC) at 3.81%. This indicates that KOTAKBANK.NS'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.