Last Updated on September 4, 2022 at 8:03 am
A reader writes, “Sir, I recently read your article – Sensex vs S&P 500 vs Nasdaq 100: Which is better for the long term? In this, you have plotted the S&P 500 and the Nasdaq 100 in INR terms. Is there a way to quickly make such a comparison on our own?”
As far as we know, there is no quick way to compare S&P 500 and the Nasdaq 100 in INR terms with the Sensex or the Nifty (like the chart compare feature on Google Finance, Value Research, Moneycontrol etc.).
However, there is a way around it in USD terms. The S&P BSE DOLLEX 30 is the Sensex in USD, and the NIfty equivalent is Nifty Defty, now called Nifty 50 USD. So this allows comparison in USD terms. Naturally, the forex component has to be added for the final return but for a quick comparison of market movement, this would suffice.
Caution: Do not base investment decisions on trailing return charts alone. A rolling returns study (linked above) would be much more instructive.
Join 32,000+ readers and get free money management solutions delivered to your inbox! Subscribe to get posts via email! (Link takes you to our email sign-up form)
🔥Enjoy massive discounts on our robo-advisory tool & courses! 🔥
S&P 500 vs Sensex in USD
- Go to https://www.spglobal.com/spdji/en/
- Search for S&P 500
- In the graph view tab, you will see a “compare” button
- Click that and enter “S&P BSE DOLLEX 30” (without the quotes)
- You can now compare both indices for up to 30 years and download total returns or price data normalised for up to 10 years
These are the last 3y, 5Y and 10Y comparison screenshots as on 26th Aug 2022.
Notice that the S&P 500 has outperformed the Sensex over the last 10Y and 5Y. However, those were gains were obtained 3Y ago. Over the last 3Y, both indices have been more or less similar (at the time of writing).
So now, those who sought US indices for “returns” in the name of diversification will truly enjoy the benefits of diversification. That is, the outperformance of the Sensex wrt S&P 500 (or vice versa) is cyclic with unknown frequency.
Sensex vs Nifty vs S&P 500 or Nasdaq 100 etc.
- Go to https://in.investing.com/indices/s-p-cnx-defty-advanced-chart
- This will take you to the Nifty 50 in USD advanced chart tab.
- Set the chart type to “line”.
- Add other indices using the “compare” tab.
- This will take some time to get used to unless you have experience with trading tools.
This is a screenshot. You can change the duration using the slide just below the chart.
If you know of other ways to make this comparison, tweet them to @freefincal or @pattufreefincal
🔥Enjoy massive discounts on our courses, robo-advisory tool and exclusive investor circle! 🔥& join our community of 7000+ users!
Use our Robo-advisory Tool for a start-to-finish financial plan! ⇐ More than 2,500 investors and advisors use this!
Track your mutual funds and stock investments with this Google Sheet!
We also publish monthly equity mutual funds, debt and hybrid mutual funds, index funds and ETF screeners and momentum, low-volatility stock screeners.
- Do you have a comment about the above article? Reach out to us on Twitter: @freefincal or @pattufreefincal
- Have a question? Subscribe to our newsletter using the form below.
- Hit 'reply' to any email from us! We do not offer personalized investment advice. We can write a detailed article without mentioning your name if you have a generic question.
Join 32,000+ readers and get free money management solutions delivered to your inbox! Subscribe to get posts via email! (Link takes you to our email sign-up form)
About The Author
Dr M. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. He has over ten years of experience publishing news analysis, research and financial product development. Connect with him via Twitter(X), Linkedin, or YouTube. Pattabiraman has co-authored three print books: (1) You can be rich too with goal-based investing (CNBC TV18) for DIY investors. (2) Gamechanger for young earners. (3) Chinchu Gets a Superpower! for kids. He has also written seven other free e-books on various money management topics. He is a patron and co-founder of “Fee-only India,” an organisation promoting unbiased, commission-free investment advice.Our flagship course! Learn to manage your portfolio like a pro to achieve your goals regardless of market conditions! ⇐ More than 3,000 investors and advisors are part of our exclusive community! Get clarity on how to plan for your goals and achieve the necessary corpus no matter the market condition is!! Watch the first lecture for free! One-time payment! No recurring fees! Life-long access to videos! Reduce fear, uncertainty and doubt while investing! Learn how to plan for your goals before and after retirement with confidence.
Our new course! Increase your income by getting people to pay for your skills! ⇐ More than 700 salaried employees, entrepreneurs and financial advisors are part of our exclusive community! Learn how to get people to pay for your skills! Whether you are a professional or small business owner who wants more clients via online visibility or a salaried person wanting a side income or passive income, we will show you how to achieve this by showcasing your skills and building a community that trusts and pays you! (watch 1st lecture for free). One-time payment! No recurring fees! Life-long access to videos!
Our new book for kids: “Chinchu Gets a Superpower!” is now available!
Must-read book even for adults! This is something that every parent should teach their kids right from their young age. The importance of money management and decision making based on their wants and needs. Very nicely written in simple terms. - Arun.Buy the book: Chinchu gets a superpower for your child!
How to profit from content writing: Our new ebook is for those interested in getting side income via content writing. It is available at a 50% discount for Rs. 500 only!
Do you want to check if the market is overvalued or undervalued? Use our market valuation tool (it will work with any index!), or get the Tactical Buy/Sell timing tool!
We publish monthly mutual fund screeners and momentum, low-volatility stock screeners.
About freefincal & its content policy. Freefincal is a News Media Organization dedicated to providing original analysis, reports, reviews and insights on mutual funds, stocks, investing, retirement and personal finance developments. We do so without conflict of interest and bias. Follow us on Google News. Freefincal serves more than three million readers a year (5 million page views) with articles based only on factual information and detailed analysis by its authors. All statements made will be verified with credible and knowledgeable sources before publication. Freefincal does not publish paid articles, promotions, PR, satire or opinions without data. All opinions will be inferences backed by verifiable, reproducible evidence/data. Contact information: letters {at} freefincal {dot} com (sponsored posts or paid collaborations will not be entertained)
Connect with us on social media
- Twitter @freefincal
- Subscribe to our YouTube Videos
- Posts feed via Feedburner.
Our publications
You Can Be Rich Too with Goal-Based Investing
Published by CNBC TV18, this book is meant to help you ask the right questions and seek the correct answers, and since it comes with nine online calculators, you can also create custom solutions for your lifestyle! Get it now.Gamechanger: Forget Startups, Join Corporate & Still Live the Rich Life You Want
This book is meant for young earners to get their basics right from day one! It will also help you travel to exotic places at a low cost! Get it or gift it to a young earner.Your Ultimate Guide to Travel
This is an in-depth dive into vacation planning, finding cheap flights, budget accommodation, what to do when travelling, and how travelling slowly is better financially and psychologically, with links to the web pages and hand-holding at every step. Get the pdf for Rs 300 (instant download)