Correlation
The correlation between ADDYY and SPY is 0.50, 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.
ADDYY vs. SPY
Compare and contrast key facts about Adidas AG ADR (ADDYY) 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: ADDYY or SPY.
Performance
ADDYY vs. SPY - Performance Comparison
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Key characteristics
ADDYY:
-0.14
SPY:
0.52
ADDYY:
-0.11
SPY:
0.94
ADDYY:
0.99
SPY:
1.14
ADDYY:
-0.16
SPY:
0.62
ADDYY:
-0.82
SPY:
2.33
ADDYY:
9.48%
SPY:
4.95%
ADDYY:
33.48%
SPY:
20.47%
ADDYY:
-76.64%
SPY:
-55.19%
ADDYY:
-41.80%
SPY:
-2.22%
Returns By Period
In the year-to-date period, ADDYY achieves a -7.58% return, which is significantly lower than SPY's 2.26% return. Both investments have delivered pretty close results over the past 10 years, with ADDYY having a 12.84% annualized return and SPY not far ahead at 12.86%.
ADDYY
-7.58%
-9.25%
-11.20%
-4.72%
9.17%
-2.82%
12.84%
SPY
2.26%
0.56%
-0.49%
10.61%
19.33%
15.56%
12.86%
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Risk-Adjusted Performance
ADDYY vs. SPY — Risk-Adjusted Performance Rank
ADDYY
SPY
ADDYY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Adidas AG ADR (ADDYY) 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.
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Dividends
ADDYY vs. SPY - Dividend Comparison
ADDYY has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADDYY Adidas AG ADR | 0.00% | 0.31% | 0.38% | 2.69% | 1.23% | 0.00% | 1.16% | 1.55% | 1.08% | 5.71% | 1.64% | 3.02% |
SPY SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ADDYY vs. SPY - Drawdown Comparison
The maximum ADDYY drawdown since its inception was -76.64%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ADDYY and SPY.
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Volatility
ADDYY vs. SPY - Volatility Comparison
Adidas AG ADR (ADDYY) has a higher volatility of 7.08% compared to SPDR S&P 500 ETF (SPY) at 3.78%. This indicates that ADDYY'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.
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