^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 0.23, 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
^NIFTY200 vs. ^GSPC - Performance Comparison
Key characteristics
^NIFTY200:
0.04
^GSPC:
0.89
^NIFTY200:
0.63
^GSPC:
1.26
^NIFTY200:
1.21
^GSPC:
1.17
^NIFTY200:
0.06
^GSPC:
1.40
^NIFTY200:
0.36
^GSPC:
5.27
^NIFTY200:
7.41%
^GSPC:
2.25%
^NIFTY200:
67.49%
^GSPC:
13.22%
^NIFTY200:
-64.04%
^GSPC:
-56.78%
^NIFTY200:
-15.70%
^GSPC:
-6.60%
Returns By Period
In the year-to-date period, ^NIFTY200 achieves a -7.00% return, which is significantly lower than ^GSPC's -2.43% return. Both investments have delivered pretty close results over the past 10 years, with ^NIFTY200 having a 10.79% annualized return and ^GSPC not far behind at 10.71%.
^NIFTY200
-7.00%
-5.34%
-12.72%
0.62%
17.06%
10.79%
^GSPC
-2.43%
-4.96%
4.27%
12.42%
14.11%
10.71%
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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
NIFTY 200 (^NIFTY200) has a higher volatility of 4.77% compared to S&P 500 (^GSPC) at 4.51%. This indicates that ^NIFTY200's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.