Correlation
The correlation between AESI 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.
AESI vs. SPY
Compare and contrast key facts about Atlas Energy Solutions Inc (AESI) 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: AESI or SPY.
Performance
AESI vs. SPY - Performance Comparison
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Key characteristics
AESI:
-0.95
SPY:
0.70
AESI:
-1.32
SPY:
1.02
AESI:
0.83
SPY:
1.15
AESI:
-0.90
SPY:
0.68
AESI:
-2.03
SPY:
2.57
AESI:
22.95%
SPY:
4.93%
AESI:
49.40%
SPY:
20.42%
AESI:
-51.68%
SPY:
-55.19%
AESI:
-49.93%
SPY:
-3.55%
Returns By Period
In the year-to-date period, AESI achieves a -43.52% return, which is significantly lower than SPY's 0.87% return.
AESI
-43.52%
-8.47%
-46.85%
-46.69%
N/A
N/A
N/A
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
AESI vs. SPY — Risk-Adjusted Performance Rank
AESI
SPY
AESI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atlas Energy Solutions Inc (AESI) 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
AESI vs. SPY - Dividend Comparison
AESI's dividend yield for the trailing twelve months is around 7.98%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AESI Atlas Energy Solutions Inc | 7.98% | 3.56% | 2.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AESI vs. SPY - Drawdown Comparison
The maximum AESI drawdown since its inception was -51.68%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AESI and SPY.
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Volatility
AESI vs. SPY - Volatility Comparison
Atlas Energy Solutions Inc (AESI) has a higher volatility of 17.19% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that AESI'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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