ATKR vs. SPY

Last updated Jul 14, 2026

ATKR (Atkore Inc.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, ATKR returned 16.09%/yr vs 15.08%/yr for SPY. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

ATKR vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Atkore Inc. (ATKR) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ATKR achieves a 14.40% return, which is significantly higher than SPY's 10.45% return. Over the past 10 years, ATKR has outperformed SPY with an annualized return of 16.09%, while SPY has yielded a comparatively lower 15.08% annualized return.

ATKR

• 1D: -0.78%
• 1M: -9.57%
• 6M: 5.92%
• YTD: 14.40%
• 1Y: -2.43%
• 3Y*: -21.22%
• 5Y*: 1.63%
• 10Y*: 16.09%

SPY

• 1D: -0.77%
• 1M: 1.26%
• 6M: 8.34%
• YTD: 10.45%
• 1Y: 21.46%
• 3Y*: 20.07%
• 5Y*: 12.94%
• 10Y*: 15.08%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ATKR vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ATKR Atkore Inc.	14.40%	-22.67%	-47.26%	41.07%	2.01%	170.47%	1.61%	103.93%	-7.51%	-10.29%
SPY State Street SPDR S&P 500 ETF	10.45%	17.72%	24.89%	26.18%	-18.18%	28.73%	18.33%	31.22%	-4.57%	21.71%

Correlation

The correlation between ATKR and SPY is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Jun 10, 2016	0.54

The correlation between ATKR and SPY has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.

Return for Risk

ATKR vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ATKR

ATKR Risk / Return Rank: 42
ATKR Sharpe Ratio Rank: 43
ATKR Sortino Ratio Rank: 40
ATKR Omega Ratio Rank: 42
ATKR Calmar Ratio Rank: 43
ATKR Martin Ratio Rank: 43

SPY

SPY Risk / Return Rank: 66
SPY Sharpe Ratio Rank: 66
SPY Sortino Ratio Rank: 64
SPY Omega Ratio Rank: 65
SPY Calmar Ratio Rank: 61
SPY Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ATKR vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Atkore Inc. (ATKR) and State Street 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ATKR	SPY	Difference
Sharpe ratio: Return per unit of total volatility	-0.05	1.71	-1.77
Sortino ratio: Return per unit of downside risk	0.25	2.37	-2.12
Omega ratio: Gain probability vs. loss probability	1.04	1.31	-0.27
Calmar ratio: Return relative to maximum drawdown	-0.08	2.43	-2.50
Martin ratio: Return relative to average drawdown	-0.14	10.57	-10.72

ATKR vs. SPY - Sharpe Ratio Comparison

The current ATKR Sharpe Ratio is -0.05, which is lower than the SPY Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of ATKR and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ATKR vs. SPY - Drawdown Comparison

The maximum ATKR drawdown since its inception was -72.77%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ATKR and SPY.

Drawdown Indicators

	ATKR	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-72.77%	-55.19%	-17.58%
Max Drawdown (1Y) Largest decline over 1 year	-32.38%	-8.88%	-23.50%
Max Drawdown (3Y) Largest decline over 3 years	-72.77%	-18.76%	-54.01%
Max Drawdown (5Y) Largest decline over 5 years	-72.77%	-24.50%	-48.27%
Max Drawdown (10Y) Largest decline over 10 years	-72.77%	-33.72%	-39.05%
Current Drawdown Current decline from peak	-61.52%	-1.12%	-60.40%
Average Drawdown Average peak-to-trough decline	-24.38%	-9.02%	-15.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.23%	2.03%	+15.20%

Volatility

ATKR vs. SPY - Volatility Comparison

Atkore Inc. (ATKR) has a higher volatility of 13.25% compared to State Street SPDR S&P 500 ETF (SPY) at 4.26%. This indicates that ATKR'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.

Volatility by Period

	ATKR	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.25%	4.26%	+8.99%
Volatility (6M) Calculated over the trailing 6-month period	28.38%	10.01%	+18.37%
Volatility (1Y) Calculated over the trailing 1-year period	46.92%	12.60%	+34.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.14%	17.17%	+29.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.46%	17.93%	+31.53%

Dividends

ATKR vs. SPY - Dividend Comparison

ATKR's dividend yield for the trailing twelve months is around 1.84%, more than SPY's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ATKR Atkore Inc.	1.84%	2.07%	1.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY State Street SPDR S&P 500 ETF	1.00%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both ATKR and SPY in my portfolio?

ATKR and SPY have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ATKR or SPY?

ATKR has higher volatility (13.25%) compared to SPY (4.26%). In terms of maximum drawdown, ATKR dropped -72.77% vs SPY's -55.19%.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (1.71 vs -0.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.