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
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Key characteristics
ARLP:
1.14
SPY:
0.68
ARLP:
1.65
SPY:
1.13
ARLP:
1.22
SPY:
1.17
ARLP:
2.25
SPY:
0.76
ARLP:
5.37
SPY:
2.93
ARLP:
5.94%
SPY:
4.87%
ARLP:
26.76%
SPY:
20.29%
ARLP:
-90.52%
SPY:
-55.19%
ARLP:
-5.08%
SPY:
-3.85%
Returns By Period
In the year-to-date period, ARLP achieves a 5.58% return, which is significantly higher than SPY's 0.56% return. Over the past 10 years, ARLP has underperformed SPY with an annualized return of 7.94%, while SPY has yielded a comparatively higher 12.67% annualized return.
ARLP
5.58%
3.29%
4.31%
30.20%
70.35%
7.94%
SPY
0.56%
8.99%
-0.98%
13.71%
17.23%
12.67%
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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.
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Dividends
ARLP vs. SPY - Dividend Comparison
ARLP's dividend yield for the trailing twelve months is around 10.62%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARLP Alliance Resource Partners, L.P. | 10.62% | 10.65% | 13.22% | 7.38% | 3.16% | 8.93% | 19.82% | 11.94% | 9.54% | 8.85% | 19.74% | 5.74% |
SPY SPDR S&P 500 ETF | 1.22% | 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.
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Volatility
ARLP vs. SPY - Volatility Comparison
Alliance Resource Partners, L.P. (ARLP) has a higher volatility of 7.75% compared to SPDR S&P 500 ETF (SPY) at 6.24%. This indicates that ARLP'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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