ASPN vs. SPY
Compare and contrast key facts about Aspen Aerogels, Inc. (ASPN) 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: ASPN or SPY.
Correlation
The correlation between ASPN and SPY is 0.35, 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
ASPN vs. SPY - Performance Comparison
Key characteristics
ASPN:
-0.57
SPY:
1.87
ASPN:
-0.66
SPY:
2.52
ASPN:
0.92
SPY:
1.35
ASPN:
-0.60
SPY:
2.81
ASPN:
-1.47
SPY:
11.69
ASPN:
35.56%
SPY:
2.02%
ASPN:
92.83%
SPY:
12.65%
ASPN:
-91.34%
SPY:
-55.19%
ASPN:
-86.96%
SPY:
0.00%
Returns By Period
In the year-to-date period, ASPN achieves a -30.13% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, ASPN has underperformed SPY with an annualized return of 0.56%, while SPY has yielded a comparatively higher 13.23% annualized return.
ASPN
-30.13%
-34.75%
-73.21%
-51.26%
-3.30%
0.56%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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Risk-Adjusted Performance
ASPN vs. SPY — Risk-Adjusted Performance Rank
ASPN
SPY
ASPN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aspen Aerogels, Inc. (ASPN) 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
ASPN vs. SPY - Dividend Comparison
ASPN has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.15%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASPN Aspen Aerogels, 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 | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ASPN vs. SPY - Drawdown Comparison
The maximum ASPN drawdown since its inception was -91.34%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ASPN and SPY. For additional features, visit the drawdowns tool.
Volatility
ASPN vs. SPY - Volatility Comparison
Aspen Aerogels, Inc. (ASPN) has a higher volatility of 29.72% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that ASPN'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.