^NIFTY200 vs. ^GSPC
Compare and contrast key facts about NIFTY 200 (^NIFTY200) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NIFTY200 or ^GSPC.
Correlation
The correlation between ^NIFTY200 and ^GSPC is 0.22, 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
^NIFTY200 vs. ^GSPC - Performance Comparison
Key characteristics
^NIFTY200:
0.09
^GSPC:
0.48
^NIFTY200:
0.73
^GSPC:
0.80
^NIFTY200:
1.23
^GSPC:
1.12
^NIFTY200:
0.16
^GSPC:
0.49
^NIFTY200:
0.74
^GSPC:
1.90
^NIFTY200:
8.88%
^GSPC:
4.90%
^NIFTY200:
67.70%
^GSPC:
19.37%
^NIFTY200:
-64.04%
^GSPC:
-56.78%
^NIFTY200:
-9.89%
^GSPC:
-7.82%
Returns By Period
In the year-to-date period, ^NIFTY200 achieves a -0.60% return, which is significantly higher than ^GSPC's -3.70% return. Over the past 10 years, ^NIFTY200 has outperformed ^GSPC with an annualized return of 12.10%, while ^GSPC has yielded a comparatively lower 10.43% annualized return.
^NIFTY200
-0.60%
6.91%
-2.59%
6.42%
22.94%
12.10%
^GSPC
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
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Risk-Adjusted Performance
^NIFTY200 vs. ^GSPC — Risk-Adjusted Performance Rank
^NIFTY200
^GSPC
^NIFTY200 vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NIFTY 200 (^NIFTY200) and S&P 500 (^GSPC). 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
^NIFTY200 vs. ^GSPC - Drawdown Comparison
The maximum ^NIFTY200 drawdown since its inception was -64.04%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^NIFTY200 and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^NIFTY200 vs. ^GSPC - Volatility Comparison
The current volatility for NIFTY 200 (^NIFTY200) is 5.93%, while S&P 500 (^GSPC) has a volatility of 11.21%. This indicates that ^NIFTY200 experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.