AGRO vs. SPY
Compare and contrast key facts about Adecoagro S.A. (AGRO) 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: AGRO or SPY.
Correlation
The correlation between AGRO and SPY is 0.34, 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
AGRO vs. SPY - Performance Comparison
Key characteristics
AGRO:
0.11
SPY:
-0.09
AGRO:
0.44
SPY:
-0.02
AGRO:
1.05
SPY:
1.00
AGRO:
0.13
SPY:
-0.09
AGRO:
0.29
SPY:
-0.45
AGRO:
12.02%
SPY:
3.31%
AGRO:
31.77%
SPY:
15.87%
AGRO:
-73.70%
SPY:
-55.19%
AGRO:
-9.60%
SPY:
-17.32%
Returns By Period
In the year-to-date period, AGRO achieves a 17.39% return, which is significantly higher than SPY's -13.53% return. Over the past 10 years, AGRO has underperformed SPY with an annualized return of 1.73%, while SPY has yielded a comparatively higher 11.25% annualized return.
AGRO
17.39%
2.41%
0.54%
3.19%
27.66%
1.73%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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Risk-Adjusted Performance
AGRO vs. SPY — Risk-Adjusted Performance Rank
AGRO
SPY
AGRO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Adecoagro S.A. (AGRO) 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
AGRO vs. SPY - Dividend Comparison
AGRO's dividend yield for the trailing twelve months is around 3.09%, more than SPY's 1.42% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 3.09% | 3.63% | 2.95% | 3.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AGRO vs. SPY - Drawdown Comparison
The maximum AGRO drawdown since its inception was -73.70%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AGRO and SPY. For additional features, visit the drawdowns tool.
Volatility
AGRO vs. SPY - Volatility Comparison
The current volatility for Adecoagro S.A. (AGRO) is 6.02%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.29%. This indicates that AGRO 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.