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^BSESN vs. SPY
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^BSESN and SPY is 0.17, 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

^BSESN vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in S&P BSE SENSEX (^BSESN) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

^BSESN:

0.78

SPY:

0.69

Sortino Ratio

^BSESN:

1.33

SPY:

1.17

Omega Ratio

^BSESN:

1.19

SPY:

1.18

Calmar Ratio

^BSESN:

0.92

SPY:

0.80

Martin Ratio

^BSESN:

1.89

SPY:

3.08

Ulcer Index

^BSESN:

7.25%

SPY:

4.88%

Daily Std Dev

^BSESN:

15.41%

SPY:

20.26%

Max Drawdown

^BSESN:

-60.91%

SPY:

-55.19%

Current Drawdown

^BSESN:

-4.08%

SPY:

-2.76%

Returns By Period

In the year-to-date period, ^BSESN achieves a 5.36% return, which is significantly higher than SPY's 1.69% return. Over the past 10 years, ^BSESN has underperformed SPY with an annualized return of 11.72%, while SPY has yielded a comparatively higher 12.78% annualized return.


^BSESN

YTD

5.36%

1M

4.81%

6M

6.12%

1Y

11.38%

5Y*

22.79%

10Y*

11.72%

SPY

YTD

1.69%

1M

12.88%

6M

2.09%

1Y

13.66%

5Y*

16.78%

10Y*

12.78%

*Annualized

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Risk-Adjusted Performance

^BSESN vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

^BSESN
The Risk-Adjusted Performance Rank of ^BSESN is 8181
Overall Rank
The Sharpe Ratio Rank of ^BSESN is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of ^BSESN is 8686
Sortino Ratio Rank
The Omega Ratio Rank of ^BSESN is 8787
Omega Ratio Rank
The Calmar Ratio Rank of ^BSESN is 8989
Calmar Ratio Rank
The Martin Ratio Rank of ^BSESN is 5858
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 7070
Overall Rank
The Sharpe Ratio Rank of SPY is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6868
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 7272
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 7272
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

^BSESN vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for S&P BSE SENSEX (^BSESN) 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.


The current ^BSESN Sharpe Ratio is 0.78, which is comparable to the SPY Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of ^BSESN and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

^BSESN vs. SPY - Drawdown Comparison

The maximum ^BSESN drawdown since its inception was -60.91%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^BSESN and SPY. For additional features, visit the drawdowns tool.


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Volatility

^BSESN vs. SPY - Volatility Comparison

The current volatility for S&P BSE SENSEX (^BSESN) is 5.18%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.51%. This indicates that ^BSESN 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.


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