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.
Correlation
The correlation between ARTNA and SPY is 0.21, 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
Key characteristics
ARTNA:
-0.60
SPY:
1.88
ARTNA:
-0.70
SPY:
2.51
ARTNA:
0.92
SPY:
1.35
ARTNA:
-0.36
SPY:
2.83
ARTNA:
-1.55
SPY:
11.89
ARTNA:
11.28%
SPY:
2.00%
ARTNA:
29.34%
SPY:
12.69%
ARTNA:
-49.34%
SPY:
-55.19%
ARTNA:
-48.45%
SPY:
-3.89%
Returns By Period
In the year-to-date period, ARTNA achieves a -4.40% return, which is significantly lower than SPY's -0.66% return. Over the past 10 years, ARTNA has underperformed SPY with an annualized return of 5.84%, while SPY has yielded a comparatively higher 13.18% annualized return.
ARTNA
-4.40%
-9.57%
-22.18%
-17.87%
-2.26%
5.84%
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
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Risk-Adjusted Performance
ARTNA vs. SPY — Risk-Adjusted Performance Rank
ARTNA
SPY
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 3.91%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARTNA Artesian Resources Corporation | 3.91% | 3.74% | 2.74% | 1.86% | 2.26% | 2.71% | 2.64% | 2.74% | 2.40% | 2.82% | 3.15% | 3.75% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ARTNA vs. SPY - Drawdown Comparison
The maximum ARTNA drawdown since its inception was -49.34%, 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 7.42% compared to SPDR S&P 500 ETF (SPY) at 4.61%. 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.