Correlation
The correlation between ALIZY and SPY is 0.60, 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.
ALIZY vs. SPY
Compare and contrast key facts about Allianz SE ADR (ALIZY) 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: ALIZY or SPY.
Performance
ALIZY vs. SPY - Performance Comparison
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Key characteristics
ALIZY:
1.97
SPY:
0.70
ALIZY:
2.39
SPY:
1.02
ALIZY:
1.36
SPY:
1.15
ALIZY:
3.70
SPY:
0.68
ALIZY:
9.28
SPY:
2.57
ALIZY:
4.69%
SPY:
4.93%
ALIZY:
22.93%
SPY:
20.42%
ALIZY:
-86.70%
SPY:
-55.19%
ALIZY:
-7.94%
SPY:
-3.55%
Returns By Period
In the year-to-date period, ALIZY achieves a 34.98% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, ALIZY has outperformed SPY with an annualized return of 15.15%, while SPY has yielded a comparatively lower 12.73% annualized return.
ALIZY
34.98%
-0.21%
33.45%
43.54%
28.80%
22.86%
15.15%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
ALIZY vs. SPY — Risk-Adjusted Performance Rank
ALIZY
SPY
ALIZY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allianz SE ADR (ALIZY) 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
ALIZY vs. SPY - Dividend Comparison
ALIZY's dividend yield for the trailing twelve months is around 4.40%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALIZY Allianz SE ADR | 4.40% | 4.91% | 4.68% | 5.43% | 4.87% | 4.22% | 4.20% | 4.90% | 3.50% | 4.88% | 4.36% | 4.42% |
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
ALIZY vs. SPY - Drawdown Comparison
The maximum ALIZY drawdown since its inception was -86.70%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ALIZY and SPY.
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Volatility
ALIZY vs. SPY - Volatility Comparison
Allianz SE ADR (ALIZY) has a higher volatility of 10.86% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that ALIZY'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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