^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:
0.13
^GSPC:
1.75
^NIFTY200:
0.78
^GSPC:
2.36
^NIFTY200:
1.27
^GSPC:
1.32
^NIFTY200:
0.21
^GSPC:
2.67
^NIFTY200:
1.44
^GSPC:
10.93
^NIFTY200:
5.92%
^GSPC:
2.07%
^NIFTY200:
67.29%
^GSPC:
12.88%
^NIFTY200:
-64.04%
^GSPC:
-56.78%
^NIFTY200:
-12.57%
^GSPC:
-1.28%
Returns By Period
In the year-to-date period, ^NIFTY200 achieves a -3.56% return, which is significantly lower than ^GSPC's 2.70% return. Both investments have delivered pretty close results over the past 10 years, with ^NIFTY200 having a 11.34% annualized return and ^GSPC not far ahead at 11.38%.
^NIFTY200
-3.56%
-5.00%
-4.93%
7.60%
15.95%
11.34%
^GSPC
2.70%
1.65%
12.98%
21.82%
12.92%
11.38%
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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 5.69% compared to S&P 500 (^GSPC) at 3.73%. 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.