^BSE200 vs. SPY
Compare and contrast key facts about S&P BSE-200 (^BSE200) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^BSE200 or SPY.
Correlation
The correlation between ^BSE200 and SPY is 0.23, 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
^BSE200 vs. SPY - Performance Comparison
Key characteristics
^BSE200:
0.58
SPY:
1.87
^BSE200:
0.83
SPY:
2.51
^BSE200:
1.13
SPY:
1.34
^BSE200:
0.60
SPY:
2.83
^BSE200:
1.58
SPY:
11.76
^BSE200:
5.45%
SPY:
2.02%
^BSE200:
14.90%
SPY:
12.72%
^BSE200:
-38.11%
SPY:
-55.19%
^BSE200:
-11.23%
SPY:
-0.91%
Returns By Period
In the year-to-date period, ^BSE200 achieves a -1.96% return, which is significantly lower than SPY's 3.10% return. Over the past 10 years, ^BSE200 has underperformed SPY with an annualized return of 11.79%, while SPY has yielded a comparatively higher 13.38% annualized return.
^BSE200
-1.96%
-1.46%
-4.89%
8.49%
16.10%
11.79%
SPY
3.10%
1.49%
17.25%
23.89%
14.49%
13.38%
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Risk-Adjusted Performance
^BSE200 vs. SPY — Risk-Adjusted Performance Rank
^BSE200
SPY
^BSE200 vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE-200 (^BSE200) and SPDR S&P 500 ETF (SPY). 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
^BSE200 vs. SPY - Drawdown Comparison
The maximum ^BSE200 drawdown since its inception was -38.11%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^BSE200 and SPY. For additional features, visit the drawdowns tool.
Volatility
^BSE200 vs. SPY - Volatility Comparison
S&P BSE-200 (^BSE200) has a higher volatility of 5.77% compared to SPDR S&P 500 ETF (SPY) at 3.63%. This indicates that ^BSE200's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.