^SSMI vs. ABBN.SW
Compare and contrast key facts about Swiss Market Index (^SSMI) and ABB Ltd (ABBN.SW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SSMI or ABBN.SW.
Key characteristics
| ^SSMI | ABBN.SW | |
|---|---|---|
| YTD Return | 5.80% | 37.49% |
| 1Y Return | 10.04% | 52.90% |
| 3Y Return (Ann) | -1.99% | 22.34% |
| 5Y Return (Ann) | 2.71% | 23.85% |
| 10Y Return (Ann) | 2.82% | 13.68% |
| Sharpe Ratio | 0.89 | 2.51 |
| Sortino Ratio | 1.25 | 2.98 |
| Omega Ratio | 1.16 | 1.46 |
| Calmar Ratio | 0.56 | 3.39 |
| Martin Ratio | 4.34 | 11.44 |
| Ulcer Index | 2.30% | 4.70% |
| Daily Std Dev | 11.20% | 21.44% |
| Max Drawdown | -56.31% | -97.01% |
| Current Drawdown | -9.15% | -3.09% |
Correlation
The correlation between ^SSMI and ABBN.SW is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
^SSMI vs. ABBN.SW - Performance Comparison
In the year-to-date period, ^SSMI achieves a 5.80% return, which is significantly lower than ABBN.SW's 37.49% return. Over the past 10 years, ^SSMI has underperformed ABBN.SW with an annualized return of 2.82%, while ABBN.SW has yielded a comparatively higher 13.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
^SSMI vs. ABBN.SW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Swiss Market Index (^SSMI) and ABB Ltd (ABBN.SW). 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
^SSMI vs. ABBN.SW - Drawdown Comparison
The maximum ^SSMI drawdown since its inception was -56.31%, smaller than the maximum ABBN.SW drawdown of -97.01%. Use the drawdown chart below to compare losses from any high point for ^SSMI and ABBN.SW. For additional features, visit the drawdowns tool.
Volatility
^SSMI vs. ABBN.SW - Volatility Comparison
The current volatility for Swiss Market Index (^SSMI) is 3.89%, while ABB Ltd (ABBN.SW) has a volatility of 5.51%. This indicates that ^SSMI experiences smaller price fluctuations and is considered to be less risky than ABBN.SW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.