^SSEC vs. ^BSESN
Compare and contrast key facts about Shanghai Composite (^SSEC) and S&P BSE SENSEX (^BSESN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SSEC or ^BSESN.
Correlation
The correlation between ^SSEC and ^BSESN is 0.12, 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
^SSEC vs. ^BSESN - Performance Comparison
Key characteristics
^SSEC:
0.36
^BSESN:
0.64
^SSEC:
0.69
^BSESN:
0.90
^SSEC:
1.11
^BSESN:
1.13
^SSEC:
0.14
^BSESN:
0.58
^SSEC:
1.17
^BSESN:
1.21
^SSEC:
6.54%
^BSESN:
7.23%
^SSEC:
20.07%
^BSESN:
14.77%
^SSEC:
-78.27%
^BSESN:
-60.91%
^SSEC:
-44.98%
^BSESN:
-6.41%
Returns By Period
In the year-to-date period, ^SSEC achieves a 0.01% return, which is significantly lower than ^BSESN's 2.81% return. Over the past 10 years, ^SSEC has underperformed ^BSESN with an annualized return of -2.63%, while ^BSESN has yielded a comparatively higher 11.51% annualized return.
^SSEC
0.01%
6.56%
-3.42%
7.14%
3.08%
-2.63%
^BSESN
2.81%
8.23%
1.00%
9.35%
20.74%
11.51%
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Risk-Adjusted Performance
^SSEC vs. ^BSESN — Risk-Adjusted Performance Rank
^SSEC
^BSESN
^SSEC vs. ^BSESN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shanghai Composite (^SSEC) and S&P BSE SENSEX (^BSESN). 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
^SSEC vs. ^BSESN - Drawdown Comparison
The maximum ^SSEC drawdown since its inception was -78.27%, which is greater than ^BSESN's maximum drawdown of -60.91%. Use the drawdown chart below to compare losses from any high point for ^SSEC and ^BSESN. For additional features, visit the drawdowns tool.
Volatility
^SSEC vs. ^BSESN - Volatility Comparison
The current volatility for Shanghai Composite (^SSEC) is 2.67%, while S&P BSE SENSEX (^BSESN) has a volatility of 5.25%. This indicates that ^SSEC experiences smaller price fluctuations and is considered to be less risky than ^BSESN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.