^BSE500 vs. SBILIFE.NS
Compare and contrast key facts about S&P BSE-500 (^BSE500) and SBI Life Insurance Company Limited (SBILIFE.NS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^BSE500 or SBILIFE.NS.
Correlation
The correlation between ^BSE500 and SBILIFE.NS is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^BSE500 vs. SBILIFE.NS - Performance Comparison
Key characteristics
^BSE500:
1.02
SBILIFE.NS:
-0.19
^BSE500:
1.36
SBILIFE.NS:
-0.10
^BSE500:
1.22
SBILIFE.NS:
0.99
^BSE500:
1.37
SBILIFE.NS:
-0.17
^BSE500:
4.38
SBILIFE.NS:
-0.46
^BSE500:
3.46%
SBILIFE.NS:
9.94%
^BSE500:
14.78%
SBILIFE.NS:
24.47%
^BSE500:
-38.39%
SBILIFE.NS:
-46.84%
^BSE500:
-9.05%
SBILIFE.NS:
-27.38%
Returns By Period
In the year-to-date period, ^BSE500 achieves a 14.34% return, which is significantly higher than SBILIFE.NS's -2.06% return.
^BSE500
14.34%
1.37%
0.04%
17.29%
17.60%
12.92%
SBILIFE.NS
-2.06%
-8.03%
-4.34%
-0.05%
7.44%
N/A
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Risk-Adjusted Performance
^BSE500 vs. SBILIFE.NS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE-500 (^BSE500) and SBI Life Insurance Company Limited (SBILIFE.NS). 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. SBILIFE.NS - Drawdown Comparison
The maximum ^BSE500 drawdown since its inception was -38.39%, smaller than the maximum SBILIFE.NS drawdown of -46.84%. Use the drawdown chart below to compare losses from any high point for ^BSE500 and SBILIFE.NS. For additional features, visit the drawdowns tool.
Volatility
^BSE500 vs. SBILIFE.NS - Volatility Comparison
The current volatility for S&P BSE-500 (^BSE500) is 4.58%, while SBI Life Insurance Company Limited (SBILIFE.NS) has a volatility of 7.49%. This indicates that ^BSE500 experiences smaller price fluctuations and is considered to be less risky than SBILIFE.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.