AMCR vs. SPY
AMCR (Amcor plc) 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 5 years, AMCR returned -1.98%/yr vs 13.51%/yr for SPY. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
AMCR vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, AMCR achieves a 0.48% return, which is significantly lower than SPY's 9.74% return.
AMCR
- 1D
- -0.97%
- 1M
- 7.76%
- YTD
- 0.48%
- 6M
- 0.72%
- 1Y
- -3.68%
- 3Y*
- -1.01%
- 5Y*
- -1.98%
- 10Y*
- —
SPY
- 1D
- -0.31%
- 1M
- 0.09%
- YTD
- 9.74%
- 6M
- 9.27%
- 1Y
- 26.65%
- 3Y*
- 21.27%
- 5Y*
- 13.51%
- 10Y*
- 15.70%
AMCR vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AMCR Amcor plc | 0.48% | -6.17% | 2.61% | -14.97% | 3.20% | 6.16% | 13.41% | -0.09% |
SPY State Street SPDR S&P 500 ETF | 9.74% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 12.99% |
Correlation
The correlation between AMCR and SPY is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2019 | 0.51 |
The correlation between AMCR and SPY shifts across timeframes, from 0.32 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AMCR vs. SPY — Risk / Return Rank
AMCR
SPY
AMCR vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amcor plc (AMCR) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMCR | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.27 | ||
| Sortino ratioReturn per unit of downside risk | -2.85 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.39 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 3.01 | -3.15 |
| Martin ratioReturn relative to average drawdown | -0.24 | 13.54 | -13.78 |
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Drawdowns
AMCR vs. SPY - Drawdown Comparison
The maximum AMCR drawdown since its inception was -47.21%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMCR and SPY.
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Drawdown Indicators
| AMCR | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.21% | -55.19% | +7.98% |
Max Drawdown (1Y)Largest decline over 1 year | -26.51% | -8.88% | -17.63% |
Max Drawdown (3Y)Largest decline over 3 years | -29.92% | -18.76% | -11.16% |
Max Drawdown (5Y)Largest decline over 5 years | -34.24% | -24.50% | -9.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -25.88% | -1.75% | -24.13% |
Average DrawdownAverage peak-to-trough decline | -14.59% | -9.04% | -5.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.06% | 1.97% | +13.09% |
Volatility
AMCR vs. SPY - Volatility Comparison
Amcor plc (AMCR) has a higher volatility of 7.94% compared to State Street SPDR S&P 500 ETF (SPY) at 4.64%. This indicates that AMCR'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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Volatility by Period
| AMCR | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.94% | 4.64% | +3.30% |
Volatility (6M)Calculated over the trailing 6-month period | 25.88% | 9.75% | +16.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.77% | 12.43% | +19.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.11% | 17.14% | +7.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.23% | 17.99% | +11.24% |
Dividends
AMCR vs. SPY - Dividend Comparison
AMCR's dividend yield for the trailing twelve months is around 6.36%, more than SPY's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMCR Amcor plc | 6.36% | 6.15% | 5.34% | 5.11% | 4.05% | 3.93% | 3.93% | 2.17% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 1.01% | 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
AMCR and SPY have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AMCR has higher volatility (7.94%) compared to SPY (4.64%). In terms of maximum drawdown, AMCR dropped -47.21% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (2.16 vs -0.12), 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.
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