TECH vs. ^SP500TR
TECH (Bio-Techne Corporation) is a stock, while ^SP500TR (S&P 500 Total Return) is an index. Over the past 10 years, TECH returned 10.54%/yr vs 15.40%/yr for ^SP500TR. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
TECH vs. ^SP500TR - Performance Comparison
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Returns By Period
In the year-to-date period, TECH achieves a 22.97% return, which is significantly higher than ^SP500TR's 13.77% return. Over the past 10 years, TECH has underperformed ^SP500TR with an annualized return of 10.54%, while ^SP500TR has yielded a comparatively higher 15.40% annualized return.
TECH
- 1D
- -0.07%
- 1M
- 1.78%
- 6M
- 11.90%
- YTD
- 22.97%
- 1Y
- 32.15%
- 3Y*
- -3.73%
- 5Y*
- -9.66%
- 10Y*
- 10.54%
- ALL TIME*
- 14.23%
^SP500TR
- 1D
- 1.79%
- 1M
- 3.45%
- 6M
- 12.49%
- YTD
- 13.77%
- 1Y
- 23.69%
- 3Y*
- 21.61%
- 5Y*
- 13.42%
- 10Y*
- 15.40%
- ALL TIME*
- 11.54%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
^SP500TR S&P 500 Total Return | $0.00 | $0.00 | $0.00 |
| $303.06M | $288.98M | $321.47M |
TECH vs. ^SP500TR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TECH Bio-Techne Corporation | 22.97% | -17.89% | -6.13% | -6.49% | -35.69% | 63.40% | 45.40% | 52.67% | 12.60% | 27.40% |
^SP500TR S&P 500 Total Return | 13.77% | 17.88% | 25.02% | 26.29% | -18.11% | 28.71% | 18.40% | 31.49% | -4.38% | 21.83% |
Correlation
The correlation between TECH and ^SP500TR is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.42 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.51 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.52 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 1992 | 0.42 |
The correlation between TECH and ^SP500TR shifts across timeframes, from 0.35 (1 year) to 0.52 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
TECH vs. ^SP500TR — Risk / Return Rank
TECH
^SP500TR
TECH vs. ^SP500TR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bio-Techne Corporation (TECH) and S&P 500 Total Return (^SP500TR). 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.
| TECH | ^SP500TR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.33 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 2.68 | -1.85 |
| Martin ratioReturn relative to average drawdown | 1.99 | 11.50 | -9.51 |
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Drawdowns
TECH vs. ^SP500TR - Drawdown Comparison
The maximum TECH drawdown since its inception was -74.39%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for TECH and ^SP500TR.
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Drawdown Indicators
| TECH | ^SP500TR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.39% | -55.25% | -19.14% |
Max Drawdown (1Y)Largest decline over 1 year | -39.25% | -8.89% | -30.36% |
Max Drawdown (3Y)Largest decline over 3 years | -48.18% | -18.75% | -29.43% |
Max Drawdown (5Y)Largest decline over 5 years | -67.18% | -24.49% | -42.69% |
Max Drawdown (10Y)Largest decline over 10 years | -67.18% | -33.79% | -33.39% |
Current DrawdownCurrent decline from peak | -45.25% | 0.00% | -45.25% |
Average DrawdownAverage peak-to-trough decline | -24.23% | -8.14% | -16.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.20% | 2.07% | +14.13% |
Volatility
TECH vs. ^SP500TR - Volatility Comparison
The current volatility for Bio-Techne Corporation (TECH) is 1.43%, while S&P 500 Total Return (^SP500TR) has a volatility of 4.13%. This indicates that TECH experiences smaller price fluctuations and is considered to be less risky than ^SP500TR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TECH | ^SP500TR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.43% | 4.13% | -2.70% |
Volatility (6M)Calculated over the trailing 6-month period | 39.79% | 10.33% | +29.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.54% | 12.94% | +35.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.79% | 17.04% | +22.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.61% | 18.09% | +16.52% |
Frequently Asked Questions
TECH and ^SP500TR have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^SP500TR has higher volatility (4.13%) compared to TECH (1.43%). In terms of maximum drawdown, TECH dropped -74.39% vs ^SP500TR's -55.25%.
^SP500TR currently has the higher Sharpe Ratio (1.85 vs 0.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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