AGR vs. SPY
Compare and contrast key facts about Avangrid, Inc. (AGR) 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: AGR or SPY.
Correlation
The correlation between AGR and SPY is 0.31, 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
AGR vs. SPY - Performance Comparison
Key characteristics
AGR:
0.90
SPY:
2.20
AGR:
1.74
SPY:
2.91
AGR:
1.29
SPY:
1.41
AGR:
0.42
SPY:
3.35
AGR:
3.96
SPY:
13.99
AGR:
4.29%
SPY:
2.01%
AGR:
18.84%
SPY:
12.79%
AGR:
-44.27%
SPY:
-55.19%
AGR:
-24.46%
SPY:
-1.35%
Returns By Period
AGR
0.00%
0.00%
3.99%
22.31%
-2.86%
N/A
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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Risk-Adjusted Performance
AGR vs. SPY — Risk-Adjusted Performance Rank
AGR
SPY
AGR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avangrid, Inc. (AGR) 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
AGR vs. SPY - Dividend Comparison
AGR's dividend yield for the trailing twelve months is around 4.89%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGR Avangrid, Inc. | 4.89% | 4.89% | 5.43% | 4.09% | 3.53% | 3.87% | 3.44% | 3.48% | 3.42% | 4.56% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AGR vs. SPY - Drawdown Comparison
The maximum AGR drawdown since its inception was -44.27%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AGR and SPY. For additional features, visit the drawdowns tool.
Volatility
AGR vs. SPY - Volatility Comparison
The current volatility for Avangrid, Inc. (AGR) is 1.14%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.10%. This indicates that AGR experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.