ABM vs. SPY
Compare and contrast key facts about ABM Industries Incorporated (ABM) 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: ABM or SPY.
Performance
ABM vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with ABM having a 26.35% return and SPY slightly lower at 25.41%. Over the past 10 years, ABM has underperformed SPY with an annualized return of 9.57%, while SPY has yielded a comparatively higher 13.07% annualized return.
ABM
26.35%
2.38%
17.63%
38.39%
10.27%
9.57%
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| ABM | SPY | |
|---|---|---|
| Sharpe Ratio | 1.15 | 2.62 |
| Sortino Ratio | 1.89 | 3.50 |
| Omega Ratio | 1.27 | 1.49 |
| Calmar Ratio | 1.55 | 3.78 |
| Martin Ratio | 3.00 | 17.00 |
| Ulcer Index | 12.13% | 1.87% |
| Daily Std Dev | 31.62% | 12.14% |
| Max Drawdown | -59.61% | -55.19% |
| Current Drawdown | -5.17% | -1.38% |
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Correlation
The correlation between ABM and SPY is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
ABM vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ABM Industries Incorporated (ABM) 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
ABM vs. SPY - Dividend Comparison
ABM's dividend yield for the trailing twelve months is around 1.62%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABM ABM Industries Incorporated | 1.62% | 1.96% | 1.76% | 1.86% | 1.47% | 2.40% | 2.18% | 1.80% | 1.62% | 1.69% | 2.18% | 2.12% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ABM vs. SPY - Drawdown Comparison
The maximum ABM drawdown since its inception was -59.61%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ABM and SPY. For additional features, visit the drawdowns tool.
Volatility
ABM vs. SPY - Volatility Comparison
ABM Industries Incorporated (ABM) has a higher volatility of 7.20% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that ABM'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.