^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.
Key characteristics
| ^BSE200 | SPY | |
|---|---|---|
| YTD Return | 21.92% | 18.37% |
| 1Y Return | 33.82% | 26.96% |
| 3Y Return (Ann) | 16.03% | 9.40% |
| 5Y Return (Ann) | 20.65% | 15.01% |
| 10Y Return (Ann) | 13.97% | 12.90% |
| Sharpe Ratio | 2.38 | 2.14 |
| Daily Std Dev | 14.04% | 12.67% |
| Max Drawdown | -38.11% | -55.19% |
| Current Drawdown | 0.00% | -1.02% |
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
In the year-to-date period, ^BSE200 achieves a 21.92% return, which is significantly higher than SPY's 18.37% return. Over the past 10 years, ^BSE200 has outperformed SPY with an annualized return of 13.97%, while SPY has yielded a comparatively lower 12.90% 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
^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
The current volatility for S&P BSE-200 (^BSE200) is 2.85%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.91%. This indicates that ^BSE200 experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.