004545.KS vs. SPY

Last updated Jun 5, 2026

004545.KS (Kleannara Co Ltd) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, 004545.KS returned -6.58%/yr vs 18.66%/yr for SPY. At a correlation of -0.00, they often move in opposite directions.

Performance

004545.KS vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a ₩10,000 investment in Kleannara Co Ltd (004545.KS) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

004545.KS is traded in KRW, while SPY is traded in USD. To make them comparable, the SPY values have been converted to KRW using the latest available exchange rates.

Returns By Period

In the year-to-date period, 004545.KS achieves a -19.38% return, which is significantly lower than SPY's 17.36% return. Over the past 10 years, 004545.KS has underperformed SPY with an annualized return of -6.58%, while SPY has yielded a comparatively higher 18.66% annualized return.

004545.KS

• 1D: -0.21%
• 1M: -9.03%
• YTD: -19.38%
• 6M: -14.78%
• 1Y: -18.90%
• 3Y*: -17.51%
• 5Y*: -23.62%
• 10Y*: -6.58%

SPY

• 1D: -0.93%
• 1M: 8.38%
• YTD: 17.36%
• 6M: 14.45%
• 1Y: 44.77%
• 3Y*: 29.10%
• 5Y*: 21.27%
• 10Y*: 18.66%

*Multi-year figures are annualized to reflect compound growth (CAGR)

004545.KS vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
004545.KS Kleannara Co Ltd	-19.38%	-2.06%	-11.60%	-21.88%	-23.19%	9.86%	19.05%	-2.75%	9.67%	-3.78%
SPY State Street SPDR S&P 500 ETF	17.36%	15.01%	42.39%	29.77%	-13.55%	41.03%	11.38%	36.20%	-0.45%	7.53%

Correlation

The correlation between 004545.KS and SPY is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.06
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jul 6, 2007	-0.00

Return for Risk

004545.KS vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

004545.KS

004545.KS Risk / Return Rank: 11
004545.KS Sharpe Ratio Rank: 13
004545.KS Sortino Ratio Rank: 14
004545.KS Omega Ratio Rank: 13
004545.KS Calmar Ratio Rank: 12
004545.KS Martin Ratio Rank: 3

SPY

SPY Risk / Return Rank: 66
SPY Sharpe Ratio Rank: 66
SPY Sortino Ratio Rank: 63
SPY Omega Ratio Rank: 66
SPY Calmar Ratio Rank: 60
SPY Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

004545.KS vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kleannara Co Ltd (004545.KS) and State Street 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.

	004545.KS	SPY	Difference
Sharpe ratio: Return per unit of total volatility	-0.67	3.93	-4.60
Sortino ratio: Return per unit of downside risk	-0.86	5.07	-5.93
Omega ratio: Gain probability vs. loss probability	0.88	1.70	-0.82
Calmar ratio: Return relative to maximum drawdown	-0.77	7.11	-7.88
Martin ratio: Return relative to average drawdown	-1.68	26.10	-27.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

004545.KS vs. SPY - Sharpe Ratio Comparison

The current 004545.KS Sharpe Ratio is -0.67, which is lower than the SPY Sharpe Ratio of 3.93. The chart below compares the historical Sharpe Ratios of 004545.KS and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	004545.KS	SPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.67	3.93	-4.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.47	1.32	-1.79
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.10	1.13	-1.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.02	0.71	-0.68

Drawdowns

004545.KS vs. SPY - Drawdown Comparison

The maximum 004545.KS drawdown since its inception was -93.78%, which is greater than SPY's maximum drawdown of -30.43%. Use the drawdown chart below to compare losses from any high point for 004545.KS and SPY.

Drawdown Indicators

	004545.KS	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-93.78%	-30.43%	-63.35%
Max Drawdown (1Y) Largest decline over 1 year	-24.82%	-6.32%	-18.50%
Max Drawdown (3Y) Largest decline over 3 years	-59.62%	-17.12%	-42.50%
Max Drawdown (5Y) Largest decline over 5 years	-74.09%	-17.40%	-56.69%
Max Drawdown (10Y) Largest decline over 10 years	-81.16%	-30.43%	-50.73%
Current Drawdown Current decline from peak	-80.92%	-0.93%	-79.99%
Average Drawdown Average peak-to-trough decline	-66.07%	-4.59%	-61.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.48%	1.72%	+9.76%

Volatility

004545.KS vs. SPY - Volatility Comparison

Kleannara Co Ltd (004545.KS) has a higher volatility of 12.67% compared to State Street SPDR S&P 500 ETF (SPY) at 3.12%. This indicates that 004545.KS'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.

Volatility by Period

	004545.KS	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.67%	3.12%	+9.55%
Volatility (6M) Calculated over the trailing 6-month period	25.76%	8.43%	+17.33%
Volatility (1Y) Calculated over the trailing 1-year period	28.62%	11.49%	+17.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.48%	16.23%	+35.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.90%	16.55%	+53.35%

Dividends

004545.KS vs. SPY - Dividend Comparison

004545.KS has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.00%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
004545.KS Kleannara Co Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.48%	0.53%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY State Street SPDR S&P 500 ETF	1.00%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both 004545.KS and SPY in my portfolio?

004545.KS and SPY have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.