ALC vs. SPY
Compare and contrast key facts about Alcon Inc. (ALC) 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: ALC or SPY.
Correlation
The correlation between ALC and SPY is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALC vs. SPY - Performance Comparison
Key characteristics
ALC:
0.77
SPY:
0.54
ALC:
1.33
SPY:
0.90
ALC:
1.17
SPY:
1.13
ALC:
1.10
SPY:
0.57
ALC:
2.25
SPY:
2.24
ALC:
8.72%
SPY:
4.82%
ALC:
25.96%
SPY:
20.02%
ALC:
-37.19%
SPY:
-55.19%
ALC:
-4.84%
SPY:
-7.53%
Returns By Period
In the year-to-date period, ALC achieves a 12.95% return, which is significantly higher than SPY's -3.30% return.
ALC
12.95%
15.69%
3.54%
19.72%
12.46%
N/A
SPY
-3.30%
13.81%
-4.52%
10.65%
15.81%
12.33%
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Risk-Adjusted Performance
ALC vs. SPY — Risk-Adjusted Performance Rank
ALC
SPY
ALC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alcon Inc. (ALC) 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
ALC vs. SPY - Dividend Comparison
ALC's dividend yield for the trailing twelve months is around 0.28%, less than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALC Alcon Inc. | 0.28% | 0.31% | 0.30% | 0.30% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ALC vs. SPY - Drawdown Comparison
The maximum ALC drawdown since its inception was -37.19%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ALC and SPY. For additional features, visit the drawdowns tool.
Volatility
ALC vs. SPY - Volatility Comparison
The current volatility for Alcon Inc. (ALC) is 10.29%, while SPDR S&P 500 ETF (SPY) has a volatility of 12.36%. This indicates that ALC 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.