^BSE500 vs. XLP
Compare and contrast key facts about S&P BSE-500 (^BSE500) and Consumer Staples Select Sector SPDR Fund (XLP).
XLP is a passively managed fund by State Street that tracks the performance of the Consumer Staples Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^BSE500 or XLP.
Correlation
The correlation between ^BSE500 and XLP is 0.13, 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. XLP - Performance Comparison
Key characteristics
^BSE500:
1.02
XLP:
1.63
^BSE500:
1.36
XLP:
2.38
^BSE500:
1.22
XLP:
1.28
^BSE500:
1.37
XLP:
1.98
^BSE500:
4.38
XLP:
8.62
^BSE500:
3.46%
XLP:
1.84%
^BSE500:
14.78%
XLP:
9.74%
^BSE500:
-38.39%
XLP:
-35.89%
^BSE500:
-9.05%
XLP:
-4.87%
Returns By Period
In the year-to-date period, ^BSE500 achieves a 14.34% return, which is significantly higher than XLP's 12.94% return. Over the past 10 years, ^BSE500 has outperformed XLP with an annualized return of 12.92%, while XLP has yielded a comparatively lower 7.73% annualized return.
^BSE500
14.34%
1.37%
0.04%
17.29%
17.60%
12.92%
XLP
12.94%
-1.12%
4.06%
15.90%
7.45%
7.73%
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Risk-Adjusted Performance
^BSE500 vs. XLP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P BSE-500 (^BSE500) and Consumer Staples Select Sector SPDR Fund (XLP). 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. XLP - Drawdown Comparison
The maximum ^BSE500 drawdown since its inception was -38.39%, which is greater than XLP's maximum drawdown of -35.89%. Use the drawdown chart below to compare losses from any high point for ^BSE500 and XLP. For additional features, visit the drawdowns tool.
Volatility
^BSE500 vs. XLP - Volatility Comparison
S&P BSE-500 (^BSE500) has a higher volatility of 4.58% compared to Consumer Staples Select Sector SPDR Fund (XLP) at 2.59%. This indicates that ^BSE500's price experiences larger fluctuations and is considered to be riskier than XLP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.