ARLP vs. SPY
Compare and contrast key facts about Alliance Resource Partners, L.P. (ARLP) 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: ARLP or SPY.
Correlation
The correlation between ARLP and SPY is 0.29, 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
ARLP vs. SPY - Performance Comparison
Key characteristics
ARLP:
1.62
SPY:
0.51
ARLP:
2.11
SPY:
0.86
ARLP:
1.29
SPY:
1.13
ARLP:
3.04
SPY:
0.55
ARLP:
7.49
SPY:
2.26
ARLP:
5.77%
SPY:
4.55%
ARLP:
26.71%
SPY:
20.08%
ARLP:
-90.52%
SPY:
-55.19%
ARLP:
-4.80%
SPY:
-9.89%
Returns By Period
In the year-to-date period, ARLP achieves a 5.88% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, ARLP has underperformed SPY with an annualized return of 8.06%, while SPY has yielded a comparatively higher 11.99% annualized return.
ARLP
5.88%
2.42%
11.44%
41.12%
64.76%
8.06%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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Risk-Adjusted Performance
ARLP vs. SPY — Risk-Adjusted Performance Rank
ARLP
SPY
ARLP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alliance Resource Partners, L.P. (ARLP) 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
ARLP vs. SPY - Dividend Comparison
ARLP's dividend yield for the trailing twelve months is around 10.32%, more than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARLP Alliance Resource Partners, L.P. | 10.32% | 10.65% | 13.22% | 7.38% | 3.16% | 8.93% | 19.82% | 11.94% | 9.55% | 8.86% | 19.74% | 5.75% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ARLP vs. SPY - Drawdown Comparison
The maximum ARLP drawdown since its inception was -90.52%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ARLP and SPY. For additional features, visit the drawdowns tool.
Volatility
ARLP vs. SPY - Volatility Comparison
The current volatility for Alliance Resource Partners, L.P. (ARLP) is 9.77%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that ARLP 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.