AKO-A vs. SPY
AKO-A (Embotelladora Andina S.A) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, AKO-A returned 10.38%/yr vs 15.48%/yr for SPY. At a 0.16 correlation, their price movements are largely independent.
Performance
AKO-A vs. SPY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AKO-A achieves a 4.44% return, which is significantly lower than SPY's 11.33% return. Over the past 10 years, AKO-A has underperformed SPY with an annualized return of 10.38%, while SPY has yielded a comparatively higher 15.48% annualized return.
AKO-A
- 1D
- 0.00%
- 1M
- 7.87%
- YTD
- 4.44%
- 6M
- 9.00%
- 1Y
- 18.97%
- 3Y*
- 32.73%
- 5Y*
- 25.60%
- 10Y*
- 10.38%
SPY
- 1D
- 0.38%
- 1M
- 4.60%
- YTD
- 11.33%
- 6M
- 11.25%
- 1Y
- 28.50%
- 3Y*
- 22.58%
- 5Y*
- 13.91%
- 10Y*
- 15.48%
AKO-A vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AKO-A Embotelladora Andina S.A | 4.44% | 69.94% | 22.39% | 32.28% | 25.25% | -15.56% | -9.03% | -14.12% | -25.96% | 33.08% |
SPY State Street SPDR S&P 500 ETF | 11.33% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between AKO-A and SPY is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 1994 | 0.16 |
The correlation between AKO-A and SPY shifts across timeframes, from 0.02 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AKO-A vs. SPY — Risk / Return Rank
AKO-A
SPY
AKO-A vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Embotelladora Andina S.A (AKO-A) and State Street 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.
| AKO-A | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.05 | ||
| Sortino ratioReturn per unit of downside risk | -2.38 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.44 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.07 | 3.22 | -2.15 |
| Martin ratioReturn relative to average drawdown | 2.07 | 14.99 | -12.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AKO-A | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.38 | 2.42 | -2.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.82 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.87 | -0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.59 | -0.37 |
Drawdowns
AKO-A vs. SPY - Drawdown Comparison
The maximum AKO-A drawdown since its inception was -79.18%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AKO-A and SPY.
Loading charts...
Drawdown Indicators
| AKO-A | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.18% | -55.19% | -23.99% |
Max Drawdown (1Y)Largest decline over 1 year | -17.84% | -8.88% | -8.96% |
Max Drawdown (3Y)Largest decline over 3 years | -25.41% | -18.76% | -6.65% |
Max Drawdown (5Y)Largest decline over 5 years | -25.41% | -24.50% | -0.91% |
Max Drawdown (10Y)Largest decline over 10 years | -63.51% | -33.72% | -29.79% |
Current DrawdownCurrent decline from peak | -9.73% | -0.33% | -9.40% |
Average DrawdownAverage peak-to-trough decline | -30.92% | -9.05% | -21.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.25% | 1.91% | +7.34% |
Volatility
AKO-A vs. SPY - Volatility Comparison
Embotelladora Andina S.A (AKO-A) has a higher volatility of 10.46% compared to State Street SPDR S&P 500 ETF (SPY) at 2.79%. This indicates that AKO-A'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.
Loading charts...
Volatility by Period
| AKO-A | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.46% | 2.79% | +7.67% |
Volatility (6M)Calculated over the trailing 6-month period | 39.94% | 8.91% | +31.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.65% | 11.82% | +38.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.02% | 17.05% | +24.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.81% | 17.93% | +23.88% |
Dividends
AKO-A vs. SPY - Dividend Comparison
AKO-A's dividend yield for the trailing twelve months is around 4.37%, more than SPY's 0.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AKO-A Embotelladora Andina S.A | 4.37% | 5.24% | 6.95% | 9.27% | 17.81% | 8.12% | 5.74% | 4.72% | 4.16% | 2.63% | 2.34% | 2.50% |
SPY State Street SPDR S&P 500 ETF | 0.98% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
AKO-A and SPY have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AKO-A has higher volatility (10.46%) compared to SPY (2.79%). In terms of maximum drawdown, AKO-A dropped -79.18% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (2.42 vs 0.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for AKO-A and SPY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer