AME vs. SPY
Compare and contrast key facts about AMETEK, Inc. (AME) 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: AME or SPY.
Performance
AME vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, AME achieves a 17.68% return, which is significantly lower than SPY's 24.40% return. Over the past 10 years, AME has outperformed SPY with an annualized return of 15.08%, while SPY has yielded a comparatively lower 13.04% annualized return.
AME
17.68%
13.99%
16.15%
24.85%
15.07%
15.08%
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| AME | SPY | |
|---|---|---|
| Sharpe Ratio | 1.24 | 2.64 |
| Sortino Ratio | 1.70 | 3.53 |
| Omega Ratio | 1.27 | 1.49 |
| Calmar Ratio | 1.56 | 3.81 |
| Martin Ratio | 4.04 | 17.21 |
| Ulcer Index | 6.67% | 1.86% |
| Daily Std Dev | 21.67% | 12.15% |
| Max Drawdown | -53.31% | -55.19% |
| Current Drawdown | -1.19% | -2.17% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between AME 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.
Risk-Adjusted Performance
AME vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AMETEK, Inc. (AME) 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
AME vs. SPY - Dividend Comparison
AME's dividend yield for the trailing twelve months is around 0.56%, less than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AME AMETEK, Inc. | 0.56% | 0.61% | 0.63% | 0.54% | 0.60% | 0.56% | 0.83% | 0.50% | 0.74% | 0.67% | 0.63% | 0.46% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AME vs. SPY - Drawdown Comparison
The maximum AME drawdown since its inception was -53.31%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AME and SPY. For additional features, visit the drawdowns tool.
Volatility
AME vs. SPY - Volatility Comparison
AMETEK, Inc. (AME) has a higher volatility of 10.04% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that AME'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.