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ATH.TO vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ATH.TOSPY
YTD Return24.70%10.41%
1Y Return63.01%34.16%
3Y Return (Ann)121.97%11.38%
5Y Return (Ann)43.94%14.99%
10Y Return (Ann)-4.10%12.96%
Sharpe Ratio1.742.93
Daily Std Dev37.60%11.54%
Max Drawdown-99.44%-55.19%
Current Drawdown-72.06%0.00%

Correlation

0.32
-1.001.00

The correlation between ATH.TO and SPY is 0.32, 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

ATH.TO vs. SPY - Performance Comparison

In the year-to-date period, ATH.TO achieves a 24.70% return, which is significantly higher than SPY's 10.41% return. Over the past 10 years, ATH.TO has underperformed SPY with an annualized return of -4.10%, while SPY has yielded a comparatively higher 12.96% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-100.00%0.00%100.00%200.00%300.00%400.00%500.00%OctoberNovemberDecember2024FebruaryMarch
-77.27%
472.36%
ATH.TO
SPY

Compare stocks, funds, or ETFs


Athabasca Oil Corporation

SPDR S&P 500 ETF

Risk-Adjusted Performance

ATH.TO vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Athabasca Oil Corporation (ATH.TO) 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ATH.TO
Athabasca Oil Corporation
1.33
SPY
SPDR S&P 500 ETF
2.56

ATH.TO vs. SPY - Sharpe Ratio Comparison

The current ATH.TO Sharpe Ratio is 1.33, which is lower than the SPY Sharpe Ratio of 2.56. The chart below compares the 12-month rolling Sharpe Ratio of ATH.TO and SPY.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
1.33
2.56
ATH.TO
SPY

Dividends

ATH.TO vs. SPY - Dividend Comparison

ATH.TO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.28%.


TTM20232022202120202019201820172016201520142013
ATH.TO
Athabasca Oil Corporation
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
1.28%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

ATH.TO vs. SPY - Drawdown Comparison

The maximum ATH.TO drawdown since its inception was -99.44%, which is greater than SPY's maximum drawdown of -55.19%. The drawdown chart below compares losses from any high point along the way for ATH.TO and SPY


-80.00%-60.00%-40.00%-20.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-79.98%
0
ATH.TO
SPY

Volatility

ATH.TO vs. SPY - Volatility Comparison

Athabasca Oil Corporation (ATH.TO) has a higher volatility of 8.90% compared to SPDR S&P 500 ETF (SPY) at 2.75%. This indicates that ATH.TO'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.


0.00%5.00%10.00%15.00%OctoberNovemberDecember2024FebruaryMarch
8.90%
2.75%
ATH.TO
SPY