^BSESN vs. SPY
Compare and contrast key facts about S&P BSE SENSEX (^BSESN) 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: ^BSESN or SPY.
Correlation
The correlation between ^BSESN 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
^BSESN vs. SPY - Performance Comparison
Key characteristics
^BSESN:
0.51
SPY:
0.51
^BSESN:
0.79
SPY:
0.86
^BSESN:
1.11
SPY:
1.13
^BSESN:
0.50
SPY:
0.55
^BSESN:
1.06
SPY:
2.26
^BSESN:
7.16%
SPY:
4.55%
^BSESN:
14.84%
SPY:
20.08%
^BSESN:
-60.91%
SPY:
-55.19%
^BSESN:
-7.72%
SPY:
-9.89%
Returns By Period
In the year-to-date period, ^BSESN achieves a 1.37% return, which is significantly higher than SPY's -5.76% return. Both investments have delivered pretty close results over the past 10 years, with ^BSESN having a 11.47% annualized return and SPY not far ahead at 12.04%.
^BSESN
1.37%
2.07%
-0.24%
7.44%
20.32%
11.47%
SPY
-5.76%
-2.90%
-4.30%
9.72%
15.64%
12.04%
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Risk-Adjusted Performance
^BSESN vs. SPY — Risk-Adjusted Performance Rank
^BSESN
SPY
^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.
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.
Volatility
^BSESN vs. SPY - Volatility Comparison
The current volatility for S&P BSE SENSEX (^BSESN) is 6.97%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. 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.