MARUTI.NS vs. ^GSPC
MARUTI.NS (Maruti Suzuki India Limited) is a stock, while ^GSPC (S&P 500 Index) is an index. Over the past 10 years, MARUTI.NS returned 12.86%/yr vs 17.22%/yr for ^GSPC. At a 0.06 correlation, their price movements are largely independent.
Performance
MARUTI.NS vs. ^GSPC - Performance Comparison
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Different Trading Currencies
MARUTI.NS is traded in INR, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to INR using the latest available exchange rates.
Returns By Period
In the year-to-date period, MARUTI.NS achieves a -19.06% return, which is significantly lower than ^GSPC's 16.72% return. Over the past 10 years, MARUTI.NS has underperformed ^GSPC with an annualized return of 12.86%, while ^GSPC has yielded a comparatively higher 17.22% annualized return.
MARUTI.NS
- 1D
- -2.09%
- 1M
- 0.89%
- 6M
- -16.46%
- YTD
- -19.06%
- 1Y
- 9.99%
- 3Y*
- 12.52%
- 5Y*
- 14.28%
- 10Y*
- 12.86%
- ALL TIME*
- 15.14%
^GSPC
- 1D
- -0.02%
- 1M
- 1.46%
- 6M
- 14.08%
- YTD
- 16.72%
- 1Y
- 32.36%
- 3Y*
- 24.54%
- 5Y*
- 17.16%
- 10Y*
- 17.22%
- ALL TIME*
- 13.99%
MARUTI.NS vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MARUTI.NS Maruti Suzuki India Limited | -19.06% | 55.43% | 6.39% | 23.88% | 13.78% | -2.30% | 4.75% | 0.08% | -22.59% | 84.73% |
^GSPC S&P 500 Index | 16.72% | 21.96% | 27.04% | 25.09% | -10.78% | 29.42% | 19.18% | 32.15% | 2.25% | 12.00% |
Correlation
The correlation between MARUTI.NS and ^GSPC is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2007 | 0.06 |
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Return for Risk
MARUTI.NS vs. ^GSPC — Risk / Return Rank
MARUTI.NS
^GSPC
MARUTI.NS vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Maruti Suzuki India Limited (MARUTI.NS) 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.
| MARUTI.NS | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.11 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.45 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 4.79 | -4.43 |
| Martin ratioReturn relative to average drawdown | 0.69 | 16.56 | -15.87 |
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Drawdowns
MARUTI.NS vs. ^GSPC - Drawdown Comparison
The maximum MARUTI.NS drawdown since its inception was -61.05%, which is greater than ^GSPC's maximum drawdown of -42.97%. Use the drawdown chart below to compare losses from any high point for MARUTI.NS and ^GSPC.
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Drawdown Indicators
| MARUTI.NS | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.05% | -42.97% | -18.08% |
Max Drawdown (1Y)Largest decline over 1 year | -28.83% | -6.78% | -22.05% |
Max Drawdown (3Y)Largest decline over 3 years | -28.83% | -19.29% | -9.54% |
Max Drawdown (5Y)Largest decline over 5 years | -28.83% | -20.51% | -8.32% |
Max Drawdown (10Y)Largest decline over 10 years | -58.26% | -28.50% | -29.76% |
Current DrawdownCurrent decline from peak | -21.85% | -1.51% | -20.34% |
Average DrawdownAverage peak-to-trough decline | -16.27% | -5.79% | -10.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.74% | 1.96% | +12.78% |
Volatility
MARUTI.NS vs. ^GSPC - Volatility Comparison
Maruti Suzuki India Limited (MARUTI.NS) has a higher volatility of 9.41% compared to S&P 500 Index (^GSPC) at 3.30%. This indicates that MARUTI.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.
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Volatility by Period
| MARUTI.NS | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.41% | 3.30% | +6.11% |
Volatility (6M)Calculated over the trailing 6-month period | 20.27% | 10.00% | +10.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.05% | 12.92% | +12.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.56% | 16.27% | +7.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.55% | 17.14% | +10.41% |
Frequently Asked Questions
MARUTI.NS and ^GSPC have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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