^NYA vs. SPY
Compare and contrast key facts about NYSE Composite (^NYA) 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: ^NYA or SPY.
Correlation
The correlation between ^NYA and SPY is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
^NYA vs. SPY - Performance Comparison
Key characteristics
^NYA:
1.29
SPY:
1.46
^NYA:
1.83
SPY:
1.99
^NYA:
1.23
SPY:
1.27
^NYA:
2.13
SPY:
2.23
^NYA:
5.98
SPY:
9.00
^NYA:
2.31%
SPY:
2.08%
^NYA:
10.72%
SPY:
12.83%
^NYA:
-59.01%
SPY:
-55.19%
^NYA:
-1.20%
SPY:
-3.06%
Returns By Period
In the year-to-date period, ^NYA achieves a 4.88% return, which is significantly higher than SPY's 1.38% return. Over the past 10 years, ^NYA has underperformed SPY with an annualized return of 6.18%, while SPY has yielded a comparatively higher 12.93% annualized return.
^NYA
4.88%
0.15%
3.81%
12.97%
9.85%
6.18%
SPY
1.38%
-1.27%
6.09%
17.34%
16.45%
12.93%
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Risk-Adjusted Performance
^NYA vs. SPY — Risk-Adjusted Performance Rank
^NYA
SPY
^NYA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NYSE Composite (^NYA) 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
^NYA vs. SPY - Drawdown Comparison
The maximum ^NYA drawdown since its inception was -59.01%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ^NYA and SPY. For additional features, visit the drawdowns tool.
Volatility
^NYA vs. SPY - Volatility Comparison
The current volatility for NYSE Composite (^NYA) is 3.02%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.69%. This indicates that ^NYA 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.