AVTR vs. SPY
Compare and contrast key facts about Avantor, Inc. (AVTR) 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: AVTR or SPY.
Key characteristics
| AVTR | SPY | |
|---|---|---|
| YTD Return | -2.09% | 10.25% |
| 1Y Return | -35.00% | 5.39% |
| 5Y Return (Ann) | 10.13% | 10.95% |
| 10Y Return (Ann) | 10.13% | 11.77% |
| Sharpe Ratio | -0.85 | 0.35 |
| Daily Std Dev | 38.49% | 21.18% |
| Max Drawdown | -57.46% | -55.19% |
Correlation
The correlation between AVTR and SPY is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
AVTR vs. SPY - Performance Comparison
In the year-to-date period, AVTR achieves a -2.09% return, which is significantly lower than SPY's 10.25% return. Over the past 10 years, AVTR has underperformed SPY with an annualized return of 10.13%, while SPY has yielded a comparatively higher 11.77% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AVTR vs. SPY - Dividend Comparison
AVTR has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.86%.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVTR Avantor, 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 | 1.86% | 1.66% | 1.23% | 1.57% | 1.84% | 2.19% | 1.97% | 2.26% | 2.35% | 2.17% | 2.15% | 2.63% |
AVTR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantor, Inc. (AVTR) 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 | |
|---|---|---|---|---|---|
AVTR Avantor, Inc. | -0.85 | ||||
SPY SPDR S&P 500 ETF | 0.35 |
AVTR vs. SPY - Drawdown Comparison
The maximum AVTR drawdown for the period was -57.46%, lower than the maximum SPY drawdown of -19.87%. The drawdown chart below compares losses from any high point along the way for AVTR and SPY
AVTR vs. SPY - Volatility Comparison
Avantor, Inc. (AVTR) has a higher volatility of 7.52% compared to SPDR S&P 500 ETF (SPY) at 3.82%. This indicates that AVTR'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.