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.
Performance
NESN.SW vs. ^SSMI - Performance Comparison
Returns By Period
In the year-to-date period, NESN.SW achieves a -17.22% return, which is significantly lower than ^SSMI's 4.51% return. Over the past 10 years, NESN.SW has outperformed ^SSMI with an annualized return of 3.69%, while ^SSMI has yielded a comparatively lower 2.52% annualized return.
NESN.SW
-17.22%
-9.07%
-19.09%
-18.45%
-3.08%
3.69%
^SSMI
4.51%
-5.57%
-3.31%
8.40%
2.31%
2.52%
Key characteristics
| NESN.SW | ^SSMI | |
|---|---|---|
| Sharpe Ratio | -1.11 | 0.83 |
| Sortino Ratio | -1.45 | 1.17 |
| Omega Ratio | 0.82 | 1.15 |
| Calmar Ratio | -0.52 | 0.54 |
| Martin Ratio | -2.15 | 3.95 |
| Ulcer Index | 8.45% | 2.37% |
| Daily Std Dev | 16.43% | 11.26% |
| Max Drawdown | -39.85% | -56.31% |
| Current Drawdown | -34.57% | -10.26% |
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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.
Risk-Adjusted Performance
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 4.72% compared to Swiss Market Index (^SSMI) at 3.87%. 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.