NESN.SW vs. ^SSMI
NESN.SW (Nestlé S.A.) is a stock, while ^SSMI (Swiss Market Index) is an index. Over the past 10 years, NESN.SW returned 3.95%/yr vs 5.76%/yr for ^SSMI. A 0.68 correlation means they provide meaningful diversification when combined.
Performance
NESN.SW vs. ^SSMI - Performance Comparison
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Returns By Period
In the year-to-date period, NESN.SW achieves a 13.32% return, which is significantly higher than ^SSMI's 8.11% return. Over the past 10 years, NESN.SW has underperformed ^SSMI with an annualized return of 3.95%, while ^SSMI has yielded a comparatively higher 5.76% annualized return.
NESN.SW
- 1D
- 0.21%
- 1M
- 8.82%
- 6M
- 19.47%
- YTD
- 13.32%
- 1Y
- 14.81%
- 3Y*
- -3.03%
- 5Y*
- -2.90%
- 10Y*
- 3.95%
- ALL TIME*
- 9.29%
^SSMI
- 1D
- 0.00%
- 1M
- 4.14%
- 6M
- 8.03%
- YTD
- 8.11%
- 1Y
- 19.70%
- 3Y*
- 8.57%
- 5Y*
- 3.60%
- 10Y*
- 5.76%
- ALL TIME*
- 6.78%
NESN.SW vs. ^SSMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NESN.SW Nestlé S.A. | 13.32% | 8.93% | -20.71% | -6.62% | -13.99% | 25.41% | 2.09% | 34.76% | -1.76% | 18.26% |
^SSMI Swiss Market Index | 8.11% | 14.37% | 4.16% | 3.81% | -16.67% | 20.29% | 0.82% | 25.95% | -10.15% | 14.14% |
Correlation
The correlation between NESN.SW and ^SSMI is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2006 | 0.68 |
The correlation between NESN.SW and ^SSMI shifts across timeframes, from 0.53 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NESN.SW vs. ^SSMI — Risk / Return Rank
NESN.SW
^SSMI
NESN.SW vs. ^SSMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nestlé S.A. (NESN.SW) and Swiss Market Index (^SSMI). 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.
| NESN.SW | ^SSMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.30 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 0.98 | 1.65 | -0.67 |
| Martin ratioReturn relative to average drawdown | 2.29 | 5.37 | -3.09 |
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Drawdowns
NESN.SW vs. ^SSMI - Drawdown Comparison
The maximum NESN.SW drawdown since its inception was -38.45%, smaller than the maximum ^SSMI drawdown of -56.31%. Use the drawdown chart below to compare losses from any high point for NESN.SW and ^SSMI.
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Drawdown Indicators
| NESN.SW | ^SSMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.45% | -56.31% | +17.86% |
Max Drawdown (1Y)Largest decline over 1 year | -15.30% | -12.08% | -3.22% |
Max Drawdown (3Y)Largest decline over 3 years | -29.68% | -17.31% | -12.37% |
Max Drawdown (5Y)Largest decline over 5 years | -38.45% | -22.34% | -16.11% |
Max Drawdown (10Y)Largest decline over 10 years | -38.45% | -27.54% | -10.91% |
Current DrawdownCurrent decline from peak | -22.64% | -0.56% | -22.08% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -14.64% | +5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.53% | 3.69% | +2.84% |
Volatility
NESN.SW vs. ^SSMI - Volatility Comparison
Nestlé S.A. (NESN.SW) has a higher volatility of 5.38% compared to Swiss Market Index (^SSMI) at 3.18%. This indicates that NESN.SW's price experiences larger fluctuations and is considered to be riskier than ^SSMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NESN.SW | ^SSMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.38% | 3.18% | +2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 14.69% | 9.93% | +4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.24% | 12.09% | +9.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.70% | 13.42% | +4.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.64% | 14.16% | +2.48% |
Frequently Asked Questions
NESN.SW and ^SSMI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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