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AMPH vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AMPHSPY
YTD Return-34.60%15.29%
1Y Return-30.71%26.49%
3Y Return (Ann)26.12%10.42%
5Y Return (Ann)14.43%14.94%
Sharpe Ratio-0.662.40
Daily Std Dev42.84%11.21%
Max Drawdown-49.92%-55.19%
Current Drawdown-37.77%-0.41%

Correlation

-0.50.00.51.00.3

The correlation between AMPH and SPY is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

AMPH vs. SPY - Performance Comparison

In the year-to-date period, AMPH achieves a -34.60% return, which is significantly lower than SPY's 15.29% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


200.00%300.00%400.00%500.00%600.00%2024FebruaryMarchAprilMayJune
362.29%
232.62%
AMPH
SPY

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Amphastar Pharmaceuticals, Inc.

SPDR S&P 500 ETF

Risk-Adjusted Performance

AMPH vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Amphastar Pharmaceuticals, Inc. (AMPH) 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.


AMPH
Sharpe ratio
The chart of Sharpe ratio for AMPH, currently valued at -0.66, compared to the broader market-2.00-1.000.001.002.003.00-0.66
Sortino ratio
The chart of Sortino ratio for AMPH, currently valued at -0.73, compared to the broader market-4.00-2.000.002.004.006.00-0.73
Omega ratio
The chart of Omega ratio for AMPH, currently valued at 0.90, compared to the broader market0.501.001.502.000.90
Calmar ratio
The chart of Calmar ratio for AMPH, currently valued at -0.70, compared to the broader market0.002.004.006.00-0.70
Martin ratio
The chart of Martin ratio for AMPH, currently valued at -1.14, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.14
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 2.40, compared to the broader market-2.00-1.000.001.002.003.002.40
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 3.38, compared to the broader market-4.00-2.000.002.004.006.003.38
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.43, compared to the broader market0.501.001.502.001.43
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 2.31, compared to the broader market0.002.004.006.002.31
Martin ratio
The chart of Martin ratio for SPY, currently valued at 9.33, compared to the broader market-5.000.005.0010.0015.0020.0025.009.33

AMPH vs. SPY - Sharpe Ratio Comparison

The current AMPH Sharpe Ratio is -0.66, which is lower than the SPY Sharpe Ratio of 2.40. The chart below compares the 12-month rolling Sharpe Ratio of AMPH and SPY.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.002024FebruaryMarchAprilMayJune
-0.66
2.40
AMPH
SPY

Dividends

AMPH vs. SPY - Dividend Comparison

AMPH has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.26%.


TTM20232022202120202019201820172016201520142013
AMPH
Amphastar Pharmaceuticals, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.26%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

AMPH vs. SPY - Drawdown Comparison

The maximum AMPH drawdown since its inception was -49.92%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AMPH and SPY. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%2024FebruaryMarchAprilMayJune
-37.77%
-0.41%
AMPH
SPY

Volatility

AMPH vs. SPY - Volatility Comparison

Amphastar Pharmaceuticals, Inc. (AMPH) has a higher volatility of 6.95% compared to SPDR S&P 500 ETF (SPY) at 2.41%. This indicates that AMPH'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.


5.00%10.00%15.00%20.00%2024FebruaryMarchAprilMayJune
6.95%
2.41%
AMPH
SPY