ACB vs. SPY
Compare and contrast key facts about Aurora Cannabis Inc. (ACB) 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: ACB or SPY.
Key characteristics
ACB | SPY | |
---|---|---|
YTD Return | 17.60% | 16.37% |
1Y Return | 18.07% | 24.89% |
3Y Return (Ann) | -57.78% | 8.26% |
5Y Return (Ann) | -62.33% | 14.85% |
10Y Return (Ann) | -27.82% | 12.62% |
Sharpe Ratio | 0.12 | 1.92 |
Daily Std Dev | 129.68% | 12.50% |
Max Drawdown | -99.80% | -55.19% |
Current Drawdown | -99.60% | -2.70% |
Correlation
The correlation between ACB and SPY is 0.28, 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
ACB vs. SPY - Performance Comparison
In the year-to-date period, ACB achieves a 17.60% return, which is significantly higher than SPY's 16.37% return. Over the past 10 years, ACB has underperformed SPY with an annualized return of -27.82%, while SPY has yielded a comparatively higher 12.62% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ACB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aurora Cannabis Inc. (ACB) 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
ACB vs. SPY - Dividend Comparison
ACB has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.25%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ACB Aurora Cannabis Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.25% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ACB vs. SPY - Drawdown Comparison
The maximum ACB drawdown since its inception was -99.80%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ACB and SPY. For additional features, visit the drawdowns tool.
Volatility
ACB vs. SPY - Volatility Comparison
Aurora Cannabis Inc. (ACB) has a higher volatility of 21.79% compared to SPDR S&P 500 ETF (SPY) at 4.45%. This indicates that ACB'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.