NESN.SW vs. ^SSMI
Compare and contrast key facts about Nestlé S.A. (NESN.SW) and Swiss Market Index (^SSMI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NESN.SW or ^SSMI.
Correlation
The correlation between NESN.SW and ^SSMI is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NESN.SW vs. ^SSMI - Performance Comparison
Key characteristics
NESN.SW:
-1.34
^SSMI:
0.34
NESN.SW:
-1.79
^SSMI:
0.53
NESN.SW:
0.78
^SSMI:
1.07
NESN.SW:
-0.58
^SSMI:
0.27
NESN.SW:
-1.83
^SSMI:
1.20
NESN.SW:
12.07%
^SSMI:
3.31%
NESN.SW:
16.42%
^SSMI:
11.67%
NESN.SW:
-39.85%
^SSMI:
-56.31%
NESN.SW:
-37.94%
^SSMI:
-9.78%
Returns By Period
In the year-to-date period, NESN.SW achieves a -0.96% return, which is significantly lower than ^SSMI's 0.88% return. Over the past 10 years, NESN.SW has outperformed ^SSMI with an annualized return of 4.25%, while ^SSMI has yielded a comparatively lower 4.02% annualized return.
NESN.SW
-0.96%
-1.36%
-19.93%
-21.24%
-4.21%
4.25%
^SSMI
0.88%
0.07%
-4.55%
4.42%
1.82%
4.02%
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Risk-Adjusted Performance
NESN.SW vs. ^SSMI — Risk-Adjusted Performance Rank
NESN.SW
^SSMI
NESN.SW vs. ^SSMI - Risk-Adjusted Performance 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.
Drawdowns
NESN.SW vs. ^SSMI - Drawdown Comparison
The maximum NESN.SW drawdown since its inception was -39.85%, 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. For additional features, visit the drawdowns tool.
Volatility
NESN.SW vs. ^SSMI - Volatility Comparison
Nestlé S.A. (NESN.SW) has a higher volatility of 4.31% compared to Swiss Market Index (^SSMI) at 3.79%. 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.