68V.DE vs. SPY
Compare and contrast key facts about BAKER HUGHES CO. (68V.DE) 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: 68V.DE or SPY.
Correlation
The correlation between 68V.DE and SPY is 0.13, 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
68V.DE vs. SPY - Performance Comparison
Key characteristics
68V.DE:
1.13
SPY:
2.21
68V.DE:
1.72
SPY:
2.93
68V.DE:
1.23
SPY:
1.41
68V.DE:
0.72
SPY:
3.26
68V.DE:
3.93
SPY:
14.43
68V.DE:
10.43%
SPY:
1.90%
68V.DE:
35.90%
SPY:
12.41%
68V.DE:
-86.23%
SPY:
-55.19%
68V.DE:
-29.24%
SPY:
-2.74%
Returns By Period
In the year-to-date period, 68V.DE achieves a 27.82% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, 68V.DE has underperformed SPY with an annualized return of -0.46%, while SPY has yielded a comparatively higher 12.97% annualized return.
68V.DE
27.82%
-6.47%
30.05%
27.82%
31.29%
-0.46%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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
68V.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BAKER HUGHES CO. (68V.DE) 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.
Dividends
68V.DE vs. SPY - Dividend Comparison
68V.DE's dividend yield for the trailing twelve months is around 2.01%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
68V.DE BAKER HUGHES CO. | 2.01% | 2.32% | 2.54% | 2.82% | 3.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
68V.DE vs. SPY - Drawdown Comparison
The maximum 68V.DE drawdown since its inception was -86.23%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for 68V.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
68V.DE vs. SPY - Volatility Comparison
BAKER HUGHES CO. (68V.DE) has a higher volatility of 6.16% compared to SPDR S&P 500 ETF (SPY) at 3.68%. This indicates that 68V.DE'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.