RELIANCE.BO vs. ^GSPC
Compare and contrast key facts about Reliance Industries Limited (RELIANCE.BO) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RELIANCE.BO or ^GSPC.
Key characteristics
| RELIANCE.BO | ^GSPC | |
|---|---|---|
| YTD Return | -0.31% | 25.70% |
| 1Y Return | 11.51% | 37.91% |
| 3Y Return (Ann) | 4.21% | 8.59% |
| 5Y Return (Ann) | 15.19% | 14.18% |
| 10Y Return (Ann) | 20.44% | 11.41% |
| Sharpe Ratio | 0.57 | 2.97 |
| Sortino Ratio | 0.93 | 3.97 |
| Omega Ratio | 1.13 | 1.56 |
| Calmar Ratio | 0.64 | 3.93 |
| Martin Ratio | 1.96 | 19.39 |
| Ulcer Index | 6.41% | 1.90% |
| Daily Std Dev | 22.15% | 12.38% |
| Max Drawdown | -68.27% | -56.78% |
| Current Drawdown | -19.53% | 0.00% |
Correlation
The correlation between RELIANCE.BO and ^GSPC is 0.17, 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
RELIANCE.BO vs. ^GSPC - Performance Comparison
In the year-to-date period, RELIANCE.BO achieves a -0.31% return, which is significantly lower than ^GSPC's 25.70% return. Over the past 10 years, RELIANCE.BO has outperformed ^GSPC with an annualized return of 20.44%, while ^GSPC has yielded a comparatively lower 11.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
RELIANCE.BO vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Reliance Industries Limited (RELIANCE.BO) 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
RELIANCE.BO vs. ^GSPC - Drawdown Comparison
The maximum RELIANCE.BO drawdown since its inception was -68.27%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RELIANCE.BO and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
RELIANCE.BO vs. ^GSPC - Volatility Comparison
Reliance Industries Limited (RELIANCE.BO) has a higher volatility of 5.11% compared to S&P 500 (^GSPC) at 3.92%. This indicates that RELIANCE.BO'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.