^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:
-0.62
SPY:
0.32
^N225:
-0.71
SPY:
0.51
^N225:
0.90
SPY:
1.07
^N225:
-0.64
SPY:
0.39
^N225:
-1.89
SPY:
1.52
^N225:
8.68%
SPY:
3.13%
^N225:
26.44%
SPY:
14.74%
^N225:
-81.87%
SPY:
-55.19%
^N225:
-20.00%
SPY:
-12.17%
Returns By Period
In the year-to-date period, ^N225 achieves a -15.33% return, which is significantly lower than SPY's -8.15% return. Over the past 10 years, ^N225 has underperformed SPY with an annualized return of 5.80%, while SPY has yielded a comparatively higher 11.89% annualized return.
^N225
-15.33%
-9.51%
-12.38%
-14.38%
13.99%
5.80%
SPY
-8.15%
-6.68%
-4.88%
4.64%
18.45%
11.89%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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
The current volatility for Nikkei 225 (^N225) is 6.22%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.32%. This indicates that ^N225 experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.