ATH.TO vs. SPY
Compare and contrast key facts about Athabasca Oil Corporation (ATH.TO) 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: ATH.TO or SPY.
Key characteristics
ATH.TO | SPY | |
---|---|---|
YTD Return | 24.70% | 10.41% |
1Y Return | 63.01% | 34.16% |
3Y Return (Ann) | 121.97% | 11.38% |
5Y Return (Ann) | 43.94% | 14.99% |
10Y Return (Ann) | -4.10% | 12.96% |
Sharpe Ratio | 1.74 | 2.93 |
Daily Std Dev | 37.60% | 11.54% |
Max Drawdown | -99.44% | -55.19% |
Current Drawdown | -72.06% | 0.00% |
Correlation
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Athabasca Oil Corporation | 1.33 | ||||
SPDR S&P 500 ETF | 2.56 |
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%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
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.