ARQQ vs. SPY
Compare and contrast key facts about Arqit Quantum Inc. (ARQQ) 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: ARQQ or SPY.
Correlation
The correlation between ARQQ and SPY is 0.22, 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
ARQQ vs. SPY - Performance Comparison
Key characteristics
ARQQ:
0.09
SPY:
1.75
ARQQ:
1.46
SPY:
2.36
ARQQ:
1.17
SPY:
1.32
ARQQ:
0.15
SPY:
2.66
ARQQ:
0.28
SPY:
11.01
ARQQ:
52.25%
SPY:
2.03%
ARQQ:
157.21%
SPY:
12.77%
ARQQ:
-99.60%
SPY:
-55.19%
ARQQ:
-98.32%
SPY:
-2.12%
Returns By Period
In the year-to-date period, ARQQ achieves a -58.81% return, which is significantly lower than SPY's 2.36% return.
ARQQ
-58.81%
-45.04%
70.67%
10.73%
N/A
N/A
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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Risk-Adjusted Performance
ARQQ vs. SPY — Risk-Adjusted Performance Rank
ARQQ
SPY
ARQQ vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arqit Quantum Inc. (ARQQ) 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
ARQQ vs. SPY - Dividend Comparison
ARQQ has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARQQ Arqit Quantum 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 | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ARQQ vs. SPY - Drawdown Comparison
The maximum ARQQ drawdown since its inception was -99.60%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ARQQ and SPY. For additional features, visit the drawdowns tool.
Volatility
ARQQ vs. SPY - Volatility Comparison
Arqit Quantum Inc. (ARQQ) has a higher volatility of 20.48% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that ARQQ'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.