ALLE vs. SPY
Compare and contrast key facts about Allegion plc (ALLE) 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: ALLE or SPY.
Correlation
The correlation between ALLE and SPY is 0.62, 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
ALLE vs. SPY - Performance Comparison
Key characteristics
ALLE:
-0.21
SPY:
0.37
ALLE:
-0.14
SPY:
0.68
ALLE:
0.98
SPY:
1.10
ALLE:
-0.22
SPY:
0.38
ALLE:
-0.45
SPY:
1.90
ALLE:
10.51%
SPY:
3.74%
ALLE:
22.56%
SPY:
19.03%
ALLE:
-43.25%
SPY:
-55.19%
ALLE:
-18.10%
SPY:
-10.22%
Returns By Period
In the year-to-date period, ALLE achieves a -4.22% return, which is significantly higher than SPY's -6.11% return. Over the past 10 years, ALLE has underperformed SPY with an annualized return of 8.62%, while SPY has yielded a comparatively higher 12.02% annualized return.
ALLE
-4.22%
-5.40%
-14.31%
-5.49%
7.03%
8.62%
SPY
-6.11%
-1.84%
-4.33%
6.99%
16.28%
12.02%
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Risk-Adjusted Performance
ALLE vs. SPY — Risk-Adjusted Performance Rank
ALLE
SPY
ALLE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allegion plc (ALLE) 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
ALLE vs. SPY - Dividend Comparison
ALLE's dividend yield for the trailing twelve months is around 1.56%, more than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | 1.56% | 1.47% | 1.42% | 1.56% | 1.09% | 1.10% | 0.87% | 1.05% | 0.80% | 0.75% | 0.61% | 0.58% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ALLE vs. SPY - Drawdown Comparison
The maximum ALLE drawdown since its inception was -43.25%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ALLE and SPY. For additional features, visit the drawdowns tool.
Volatility
ALLE vs. SPY - Volatility Comparison
The current volatility for Allegion plc (ALLE) is 9.13%, while SPDR S&P 500 ETF (SPY) has a volatility of 13.87%. This indicates that ALLE 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.