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 0.30, 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:
1.98
SPY:
2.21
ARLP:
2.51
SPY:
2.93
ARLP:
1.35
SPY:
1.41
ARLP:
2.54
SPY:
3.26
ARLP:
9.18
SPY:
14.43
ARLP:
5.18%
SPY:
1.90%
ARLP:
24.06%
SPY:
12.41%
ARLP:
-90.52%
SPY:
-55.19%
ARLP:
-10.13%
SPY:
-2.74%
Returns By Period
In the year-to-date period, ARLP achieves a 36.66% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, ARLP has underperformed SPY with an annualized return of 4.82%, while SPY has yielded a comparatively higher 12.97% annualized return.
ARLP
36.66%
-7.16%
14.13%
47.01%
29.18%
4.82%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 10.90%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARLP Alliance Resource Partners, L.P. | 10.90% | 13.22% | 7.38% | 3.16% | 8.93% | 19.82% | 11.94% | 9.55% | 8.86% | 19.74% | 5.75% | 5.93% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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
Alliance Resource Partners, L.P. (ARLP) has a higher volatility of 6.92% compared to SPDR S&P 500 ETF (SPY) at 3.72%. 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.