^SSMI vs. SREN.SW
Compare and contrast key facts about Swiss Market Index (^SSMI) and Swiss Re AG (SREN.SW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SSMI or SREN.SW.
Key characteristics
| ^SSMI | SREN.SW | |
|---|---|---|
| YTD Return | 5.80% | 36.05% |
| 1Y Return | 10.04% | 29.76% |
| 3Y Return (Ann) | -1.99% | 18.38% |
| 5Y Return (Ann) | 2.71% | 9.97% |
| 10Y Return (Ann) | 2.82% | 10.53% |
| Sharpe Ratio | 0.89 | 1.36 |
| Sortino Ratio | 1.25 | 1.89 |
| Omega Ratio | 1.16 | 1.27 |
| Calmar Ratio | 0.56 | 2.22 |
| Martin Ratio | 4.34 | 6.13 |
| Ulcer Index | 2.30% | 4.86% |
| Daily Std Dev | 11.20% | 21.92% |
| Max Drawdown | -56.31% | -92.41% |
| Current Drawdown | -9.15% | -1.10% |
Correlation
The correlation between ^SSMI and SREN.SW is 0.69, 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. SREN.SW - Performance Comparison
In the year-to-date period, ^SSMI achieves a 5.80% return, which is significantly lower than SREN.SW's 36.05% return. Over the past 10 years, ^SSMI has underperformed SREN.SW with an annualized return of 2.82%, while SREN.SW has yielded a comparatively higher 10.53% 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. SREN.SW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Swiss Market Index (^SSMI) and Swiss Re AG (SREN.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. SREN.SW - Drawdown Comparison
The maximum ^SSMI drawdown since its inception was -56.31%, smaller than the maximum SREN.SW drawdown of -92.41%. Use the drawdown chart below to compare losses from any high point for ^SSMI and SREN.SW. For additional features, visit the drawdowns tool.
Volatility
^SSMI vs. SREN.SW - Volatility Comparison
The current volatility for Swiss Market Index (^SSMI) is 3.89%, while Swiss Re AG (SREN.SW) has a volatility of 9.57%. This indicates that ^SSMI experiences smaller price fluctuations and is considered to be less risky than SREN.SW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.