Correlation
The correlation between AHCO 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.
AHCO vs. SPY
Compare and contrast key facts about AdaptHealth Corp. (AHCO) 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: AHCO or SPY.
Performance
AHCO vs. SPY - Performance Comparison
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Key characteristics
AHCO:
-0.13
SPY:
0.70
AHCO:
0.13
SPY:
1.02
AHCO:
1.02
SPY:
1.15
AHCO:
-0.14
SPY:
0.68
AHCO:
-0.73
SPY:
2.57
AHCO:
15.21%
SPY:
4.93%
AHCO:
58.98%
SPY:
20.42%
AHCO:
-83.84%
SPY:
-55.19%
AHCO:
-77.63%
SPY:
-3.55%
Returns By Period
In the year-to-date period, AHCO achieves a -5.67% return, which is significantly lower than SPY's 0.87% return.
AHCO
-5.67%
5.65%
-10.47%
-5.27%
-20.67%
-11.11%
N/A
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
AHCO vs. SPY — Risk-Adjusted Performance Rank
AHCO
SPY
AHCO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AdaptHealth Corp. (AHCO) 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
AHCO vs. SPY - Dividend Comparison
AHCO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.22%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
AHCO AdaptHealth Corp. | 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 | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AHCO vs. SPY - Drawdown Comparison
The maximum AHCO drawdown since its inception was -83.84%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AHCO and SPY.
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Volatility
AHCO vs. SPY - Volatility Comparison
AdaptHealth Corp. (AHCO) has a higher volatility of 13.54% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that AHCO'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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