ARTNA vs. SPY
Compare and contrast key facts about Artesian Resources Corporation (ARTNA) 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: ARTNA or SPY.
Key characteristics
| ARTNA | SPY | |
|---|---|---|
| YTD Return | -15.13% | 6.66% |
| 1Y Return | -37.68% | 26.26% |
| 3Y Return (Ann) | -2.41% | 8.24% |
| 5Y Return (Ann) | 2.50% | 13.33% |
| 10Y Return (Ann) | 7.76% | 12.52% |
| Sharpe Ratio | -1.29 | 2.06 |
| Daily Std Dev | 28.23% | 11.78% |
| Max Drawdown | -43.88% | -55.19% |
| Current Drawdown | -41.93% | -3.39% |
Correlation
The correlation between ARTNA and SPY is 0.20, 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
ARTNA vs. SPY - Performance Comparison
In the year-to-date period, ARTNA achieves a -15.13% return, which is significantly lower than SPY's 6.66% return. Over the past 10 years, ARTNA has underperformed SPY with an annualized return of 7.76%, while SPY has yielded a comparatively higher 12.52% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ARTNA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Artesian Resources Corporation (ARTNA) 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
ARTNA vs. SPY - Dividend Comparison
ARTNA's dividend yield for the trailing twelve months is around 3.29%, more than SPY's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARTNA Artesian Resources Corporation | 3.29% | 2.74% | 1.86% | 2.27% | 2.71% | 2.64% | 2.74% | 2.40% | 2.82% | 3.15% | 3.75% | 3.59% |
SPY SPDR S&P 500 ETF | 1.33% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ARTNA vs. SPY - Drawdown Comparison
The maximum ARTNA drawdown since its inception was -43.88%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ARTNA and SPY. For additional features, visit the drawdowns tool.
Volatility
ARTNA vs. SPY - Volatility Comparison
Artesian Resources Corporation (ARTNA) has a higher volatility of 9.04% compared to SPDR S&P 500 ETF (SPY) at 3.54%. This indicates that ARTNA'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.