PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ADXN vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ADXNSPY
YTD Return36.13%17.92%
1Y Return-31.36%24.34%
3Y Return (Ann)-64.45%10.54%
Sharpe Ratio-0.252.25
Daily Std Dev112.18%11.21%
Max Drawdown-98.94%-55.19%
Current Drawdown-98.30%-1.40%

Correlation

-0.50.00.51.00.1

The correlation between ADXN and SPY is 0.09, 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

ADXN vs. SPY - Performance Comparison

In the year-to-date period, ADXN achieves a 36.13% return, which is significantly higher than SPY's 17.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-100.00%-50.00%0.00%50.00%100.00%FebruaryMarchAprilMayJuneJuly
-97.16%
82.74%
ADXN
SPY

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Addex Therapeutics Ltd

SPDR S&P 500 ETF

Risk-Adjusted Performance

ADXN vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Addex Therapeutics Ltd (ADXN) 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.


ADXN
Sharpe ratio
The chart of Sharpe ratio for ADXN, currently valued at -0.25, compared to the broader market-2.00-1.000.001.002.003.00-0.25
Sortino ratio
The chart of Sortino ratio for ADXN, currently valued at 0.46, compared to the broader market-4.00-2.000.002.004.000.46
Omega ratio
The chart of Omega ratio for ADXN, currently valued at 1.07, compared to the broader market0.501.001.502.001.07
Calmar ratio
The chart of Calmar ratio for ADXN, currently valued at -0.28, compared to the broader market0.002.004.006.00-0.28
Martin ratio
The chart of Martin ratio for ADXN, currently valued at -0.63, compared to the broader market-5.000.005.0010.0015.0020.0025.00-0.63
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.25, compared to the broader market-2.00-1.000.001.002.003.002.25
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.15, compared to the broader market-4.00-2.000.002.004.003.15
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.40, compared to the broader market0.501.001.502.001.40
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 2.17, compared to the broader market0.002.004.006.002.17
Martin ratio
The chart of Martin ratio for SPY, currently valued at 8.75, compared to the broader market-5.000.005.0010.0015.0020.0025.008.75

ADXN vs. SPY - Sharpe Ratio Comparison

The current ADXN Sharpe Ratio is -0.25, which is lower than the SPY Sharpe Ratio of 2.25. The chart below compares the 12-month rolling Sharpe Ratio of ADXN and SPY.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00FebruaryMarchAprilMayJuneJuly
-0.25
2.25
ADXN
SPY

Dividends

ADXN vs. SPY - Dividend Comparison

ADXN has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.23%.


TTM20232022202120202019201820172016201520142013
ADXN
Addex Therapeutics Ltd
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
1.23%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

ADXN vs. SPY - Drawdown Comparison

The maximum ADXN drawdown since its inception was -98.94%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ADXN and SPY. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%FebruaryMarchAprilMayJuneJuly
-98.30%
-1.40%
ADXN
SPY

Volatility

ADXN vs. SPY - Volatility Comparison

Addex Therapeutics Ltd (ADXN) has a higher volatility of 16.07% compared to SPDR S&P 500 ETF (SPY) at 2.59%. This indicates that ADXN'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.


0.00%20.00%40.00%60.00%80.00%FebruaryMarchAprilMayJuneJuly
16.07%
2.59%
ADXN
SPY