^N225 vs. SPY
Compare and contrast key facts about Nikkei 225 (^N225) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^N225 or SPY.
Correlation
The correlation between ^N225 and SPY is 0.04, 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
^N225 vs. SPY - Performance Comparison
Key characteristics
^N225:
-0.25
SPY:
0.54
^N225:
-0.15
SPY:
0.89
^N225:
0.98
SPY:
1.13
^N225:
-0.28
SPY:
0.58
^N225:
-0.78
SPY:
2.39
^N225:
9.59%
SPY:
4.51%
^N225:
29.95%
SPY:
20.07%
^N225:
-81.87%
SPY:
-55.19%
^N225:
-15.70%
SPY:
-10.54%
Returns By Period
In the year-to-date period, ^N225 achieves a -10.78% return, which is significantly lower than SPY's -6.44% return. Over the past 10 years, ^N225 has underperformed SPY with an annualized return of 6.04%, while SPY has yielded a comparatively higher 11.95% annualized return.
^N225
-10.78%
-5.79%
-6.68%
-7.45%
13.39%
6.04%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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Risk-Adjusted Performance
^N225 vs. SPY — Risk-Adjusted Performance Rank
^N225
SPY
^N225 vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nikkei 225 (^N225) and SPDR S&P 500 ETF (SPY). 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
^N225 vs. SPY - Drawdown Comparison
The maximum ^N225 drawdown since its inception was -81.87%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^N225 and SPY. For additional features, visit the drawdowns tool.
Volatility
^N225 vs. SPY - Volatility Comparison
Nikkei 225 (^N225) has a higher volatility of 16.67% compared to SPDR S&P 500 ETF (SPY) at 15.09%. This indicates that ^N225's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.