^BSE500 vs. INDY
Compare and contrast key facts about S&P BSE-500 (^BSE500) and iShares India 50 ETF (INDY).
INDY is a passively managed fund by iShares that tracks the performance of the S&P CNX Nifty Index. It was launched on Nov 18, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^BSE500 or INDY.
Correlation
The correlation between ^BSE500 and INDY 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
^BSE500 vs. INDY - Performance Comparison
Key characteristics
^BSE500:
0.32
INDY:
0.34
^BSE500:
0.52
INDY:
0.57
^BSE500:
1.08
INDY:
1.08
^BSE500:
0.28
INDY:
0.28
^BSE500:
0.62
INDY:
0.59
^BSE500:
8.53%
INDY:
8.29%
^BSE500:
16.32%
INDY:
14.44%
^BSE500:
-38.39%
INDY:
-44.74%
^BSE500:
-9.68%
INDY:
-7.63%
Returns By Period
In the year-to-date period, ^BSE500 achieves a -0.88% return, which is significantly lower than INDY's 3.86% return. Over the past 10 years, ^BSE500 has outperformed INDY with an annualized return of 12.80%, while INDY has yielded a comparatively lower 7.39% annualized return.
^BSE500
-0.88%
3.32%
-2.89%
6.62%
24.24%
12.80%
INDY
3.86%
2.88%
-1.55%
5.02%
16.86%
7.39%
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Risk-Adjusted Performance
^BSE500 vs. INDY — Risk-Adjusted Performance Rank
^BSE500
INDY
^BSE500 vs. INDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE-500 (^BSE500) and iShares India 50 ETF (INDY). 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
^BSE500 vs. INDY - Drawdown Comparison
The maximum ^BSE500 drawdown since its inception was -38.39%, smaller than the maximum INDY drawdown of -44.74%. Use the drawdown chart below to compare losses from any high point for ^BSE500 and INDY. For additional features, visit the drawdowns tool.
Volatility
^BSE500 vs. INDY - Volatility Comparison
S&P BSE-500 (^BSE500) has a higher volatility of 7.52% compared to iShares India 50 ETF (INDY) at 6.37%. This indicates that ^BSE500's price experiences larger fluctuations and is considered to be riskier than INDY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.