^SP500TR vs. SYK
^SP500TR (S&P 500 Total Return) is an index, while SYK (Stryker Corporation) is a stock. Over the past 10 years, ^SP500TR returned 15.18%/yr vs 11.73%/yr for SYK. At a 0.47 correlation, their price movements are largely independent.
Performance
^SP500TR vs. SYK - Performance Comparison
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Returns By Period
In the year-to-date period, ^SP500TR achieves a 10.48% return, which is significantly higher than SYK's -5.19% return. Over the past 10 years, ^SP500TR has outperformed SYK with an annualized return of 15.18%, while SYK has yielded a comparatively lower 11.73% annualized return.
^SP500TR
- 1D
- -0.79%
- 1M
- 1.22%
- 6M
- 8.34%
- YTD
- 10.48%
- 1Y
- 21.50%
- 3Y*
- 20.20%
- 5Y*
- 13.05%
- 10Y*
- 15.18%
SYK
- 1D
- 0.51%
- 1M
- 6.45%
- 6M
- -7.79%
- YTD
- -5.19%
- 1Y
- -14.03%
- 3Y*
- 4.11%
- 5Y*
- 5.96%
- 10Y*
- 11.73%
^SP500TR vs. SYK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
^SP500TR S&P 500 Total Return | 10.48% | 17.88% | 25.02% | 26.29% | -18.11% | 28.71% | 18.40% | 31.49% | -4.38% | 21.83% |
SYK Stryker Corporation | -5.19% | -1.48% | 21.34% | 23.80% | -7.42% | 10.22% | 18.17% | 35.33% | 2.43% | 30.84% |
Correlation
The correlation between ^SP500TR and SYK is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 1988 | 0.47 |
Over the past year, the correlation between ^SP500TR and SYK has dropped to 0.16 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
^SP500TR vs. SYK — Risk / Return Rank
^SP500TR
SYK
^SP500TR vs. SYK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P 500 Total Return (^SP500TR) and Stryker Corporation (SYK). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ^SP500TR | SYK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.30 | ||
| Sortino ratioReturn per unit of downside risk | +3.07 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.92 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 2.43 | -0.48 | +2.91 |
| Martin ratioReturn relative to average drawdown | 10.66 | -1.03 | +11.69 |
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Drawdowns
^SP500TR vs. SYK - Drawdown Comparison
The maximum ^SP500TR drawdown since its inception was -55.25%, smaller than the maximum SYK drawdown of -58.63%. Use the drawdown chart below to compare losses from any high point for ^SP500TR and SYK.
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Drawdown Indicators
| ^SP500TR | SYK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.25% | -58.63% | +3.38% |
Max Drawdown (1Y)Largest decline over 1 year | -8.89% | -29.45% | +20.56% |
Max Drawdown (3Y)Largest decline over 3 years | -18.75% | -29.45% | +10.70% |
Max Drawdown (5Y)Largest decline over 5 years | -24.49% | -31.68% | +7.19% |
Max Drawdown (10Y)Largest decline over 10 years | -33.79% | -43.80% | +10.01% |
Current DrawdownCurrent decline from peak | -1.11% | -17.03% | +15.92% |
Average DrawdownAverage peak-to-trough decline | -8.15% | -13.12% | +4.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 13.69% | -11.67% |
Volatility
^SP500TR vs. SYK - Volatility Comparison
The current volatility for S&P 500 Total Return (^SP500TR) is 3.97%, while Stryker Corporation (SYK) has a volatility of 10.00%. This indicates that ^SP500TR experiences smaller price fluctuations and is considered to be less risky than SYK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ^SP500TR | SYK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 10.00% | -6.03% |
Volatility (6M)Calculated over the trailing 6-month period | 9.99% | 20.08% | -10.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.57% | 24.46% | -11.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.01% | 24.57% | -7.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 26.51% | -8.46% |
Frequently Asked Questions
^SP500TR and SYK have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SYK has higher volatility (10.00%) compared to ^SP500TR (3.97%). In terms of maximum drawdown, ^SP500TR dropped -55.25% vs SYK's -58.63%.
^SP500TR currently has the higher Sharpe Ratio (1.72 vs -0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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