690D.DE vs. SPY
Compare and contrast key facts about Qingdao Haier Co Ltd (690D.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: 690D.DE or SPY.
Correlation
The correlation between 690D.DE and SPY is 0.18, 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
690D.DE vs. SPY - Performance Comparison
Key characteristics
690D.DE:
2.86
SPY:
2.29
690D.DE:
4.15
SPY:
3.04
690D.DE:
1.51
SPY:
1.43
690D.DE:
1.52
SPY:
3.40
690D.DE:
12.34
SPY:
15.01
690D.DE:
5.94%
SPY:
1.90%
690D.DE:
25.49%
SPY:
12.46%
690D.DE:
-60.14%
SPY:
-55.19%
690D.DE:
-9.34%
SPY:
-0.74%
Returns By Period
In the year-to-date period, 690D.DE achieves a 73.27% return, which is significantly higher than SPY's 28.13% return.
690D.DE
73.27%
2.90%
22.39%
77.71%
19.87%
N/A
SPY
28.13%
1.31%
11.08%
28.58%
15.00%
13.16%
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Risk-Adjusted Performance
690D.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Qingdao Haier Co Ltd (690D.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
690D.DE vs. SPY - Dividend Comparison
690D.DE's dividend yield for the trailing twelve months is around 0.73%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
690D.DE Qingdao Haier Co Ltd | 0.73% | 0.82% | 0.87% | 0.39% | 0.38% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
690D.DE vs. SPY - Drawdown Comparison
The maximum 690D.DE drawdown since its inception was -60.14%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for 690D.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
690D.DE vs. SPY - Volatility Comparison
Qingdao Haier Co Ltd (690D.DE) has a higher volatility of 8.45% compared to SPDR S&P 500 ETF (SPY) at 3.96%. This indicates that 690D.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.