AXTA vs. SPY
Compare and contrast key facts about Axalta Coating Systems Ltd. (AXTA) 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: AXTA or SPY.
Correlation
The correlation between AXTA and SPY is 0.55, 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.
Performance
AXTA vs. SPY - Performance Comparison
Key characteristics
AXTA:
0.81
SPY:
1.97
AXTA:
1.41
SPY:
2.64
AXTA:
1.17
SPY:
1.36
AXTA:
1.14
SPY:
2.97
AXTA:
3.14
SPY:
12.34
AXTA:
6.77%
SPY:
2.03%
AXTA:
26.15%
SPY:
12.68%
AXTA:
-63.60%
SPY:
-55.19%
AXTA:
-9.98%
SPY:
-0.01%
Returns By Period
In the year-to-date period, AXTA achieves a 8.62% return, which is significantly higher than SPY's 4.03% return. Over the past 10 years, AXTA has underperformed SPY with an annualized return of 3.29%, while SPY has yielded a comparatively higher 13.18% annualized return.
AXTA
8.62%
2.45%
7.15%
18.72%
4.59%
3.29%
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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Risk-Adjusted Performance
AXTA vs. SPY — Risk-Adjusted Performance Rank
AXTA
SPY
AXTA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Axalta Coating Systems Ltd. (AXTA) 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
AXTA vs. SPY - Dividend Comparison
AXTA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXTA Axalta Coating Systems Ltd. | 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 | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AXTA vs. SPY - Drawdown Comparison
The maximum AXTA drawdown since its inception was -63.60%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AXTA and SPY. For additional features, visit the drawdowns tool.
Volatility
AXTA vs. SPY - Volatility Comparison
Axalta Coating Systems Ltd. (AXTA) has a higher volatility of 10.09% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that AXTA'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.