SREN.SW vs. ^SSMI
SREN.SW (Swiss Re AG) is a stock, while ^SSMI (Swiss Market Index) is an index. Over the past 10 years, SREN.SW returned 11.43%/yr vs 5.76%/yr for ^SSMI. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
SREN.SW vs. ^SSMI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SREN.SW achieves a 6.94% return, which is significantly lower than ^SSMI's 8.11% return. Over the past 10 years, SREN.SW has outperformed ^SSMI with an annualized return of 11.43%, while ^SSMI has yielded a comparatively lower 5.76% annualized return.
SREN.SW
- 1D
- -2.13%
- 1M
- 9.68%
- 6M
- 12.58%
- YTD
- 6.94%
- 1Y
- -1.44%
- 3Y*
- 18.74%
- 5Y*
- 16.68%
- 10Y*
- 11.43%
- ALL TIME*
- 7.03%
^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%
SREN.SW vs. ^SSMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SREN.SW Swiss Re AG | 6.94% | 5.59% | 46.08% | 17.32% | 2.60% | 15.83% | -17.12% | 27.56% | 4.07% | -0.12% |
^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 SREN.SW and ^SSMI is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Aug 30, 2006 | 0.62 |
Over the past year, the correlation between SREN.SW and ^SSMI has dropped to 0.41 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SREN.SW vs. ^SSMI — Risk / Return Rank
SREN.SW
^SSMI
SREN.SW vs. ^SSMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Swiss Re AG (SREN.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.
| SREN.SW | ^SSMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.72 | ||
| Sortino ratioReturn per unit of downside risk | -2.30 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.30 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 1.65 | -1.72 |
| Martin ratioReturn relative to average drawdown | -0.11 | 5.37 | -5.48 |
Loading charts...
Drawdowns
SREN.SW vs. ^SSMI - Drawdown Comparison
The maximum SREN.SW drawdown since its inception was -89.28%, which is greater than ^SSMI's maximum drawdown of -56.31%. Use the drawdown chart below to compare losses from any high point for SREN.SW and ^SSMI.
Loading charts...
Drawdown Indicators
| SREN.SW | ^SSMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.28% | -56.31% | -32.97% |
Max Drawdown (1Y)Largest decline over 1 year | -22.32% | -12.08% | -10.24% |
Max Drawdown (3Y)Largest decline over 3 years | -22.32% | -17.31% | -5.01% |
Max Drawdown (5Y)Largest decline over 5 years | -26.74% | -22.34% | -4.40% |
Max Drawdown (10Y)Largest decline over 10 years | -53.17% | -27.54% | -25.63% |
Current DrawdownCurrent decline from peak | -8.13% | -0.56% | -7.57% |
Average DrawdownAverage peak-to-trough decline | -20.76% | -14.64% | -6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.06% | 3.69% | +9.37% |
Volatility
SREN.SW vs. ^SSMI - Volatility Comparison
Swiss Re AG (SREN.SW) has a higher volatility of 4.78% compared to Swiss Market Index (^SSMI) at 3.18%. This indicates that SREN.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.
Loading charts...
Volatility by Period
| SREN.SW | ^SSMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 3.18% | +1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 14.52% | 9.93% | +4.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.33% | 12.09% | +9.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.90% | 13.42% | +8.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.13% | 14.16% | +8.97% |
Frequently Asked Questions
SREN.SW and ^SSMI have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for SREN.SW and ^SSMI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer