^NIFTY500 vs. ^GSPC
Compare and contrast key facts about Nifty 500 (^NIFTY500) and S&P 500 (^GSPC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^NIFTY500 or ^GSPC.
Correlation
The correlation between ^NIFTY500 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
^NIFTY500 vs. ^GSPC - Performance Comparison
Key characteristics
^NIFTY500:
1.05
^GSPC:
2.10
^NIFTY500:
1.39
^GSPC:
2.80
^NIFTY500:
1.22
^GSPC:
1.39
^NIFTY500:
1.43
^GSPC:
3.09
^NIFTY500:
4.57
^GSPC:
13.49
^NIFTY500:
3.43%
^GSPC:
1.94%
^NIFTY500:
14.81%
^GSPC:
12.52%
^NIFTY500:
-68.02%
^GSPC:
-56.78%
^NIFTY500:
-8.89%
^GSPC:
-2.62%
Returns By Period
In the year-to-date period, ^NIFTY500 achieves a 14.88% return, which is significantly lower than ^GSPC's 24.34% return. Over the past 10 years, ^NIFTY500 has outperformed ^GSPC with an annualized return of 13.02%, while ^GSPC has yielded a comparatively lower 11.06% annualized return.
^NIFTY500
14.88%
1.43%
0.37%
17.83%
17.81%
13.02%
^GSPC
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
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Risk-Adjusted Performance
^NIFTY500 vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nifty 500 (^NIFTY500) 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
^NIFTY500 vs. ^GSPC - Drawdown Comparison
The maximum ^NIFTY500 drawdown since its inception was -68.02%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for ^NIFTY500 and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
^NIFTY500 vs. ^GSPC - Volatility Comparison
Nifty 500 (^NIFTY500) has a higher volatility of 4.62% compared to S&P 500 (^GSPC) at 3.75%. This indicates that ^NIFTY500'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.