AY vs. SPY
Compare and contrast key facts about Atlantica Sustainable Infrastructure plc (AY) 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: AY or SPY.
Performance
AY vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, AY achieves a 9.86% return, which is significantly lower than SPY's 26.47% return. Over the past 10 years, AY has underperformed SPY with an annualized return of 3.49%, while SPY has yielded a comparatively higher 13.14% annualized return.
AY
9.86%
0.82%
-1.58%
27.55%
3.05%
3.49%
SPY
26.47%
3.03%
13.19%
32.65%
15.68%
13.14%
Key characteristics
| AY | SPY | |
|---|---|---|
| Sharpe Ratio | 1.15 | 2.69 |
| Sortino Ratio | 1.82 | 3.59 |
| Omega Ratio | 1.29 | 1.50 |
| Calmar Ratio | 0.50 | 3.88 |
| Martin Ratio | 3.47 | 17.47 |
| Ulcer Index | 7.94% | 1.87% |
| Daily Std Dev | 24.06% | 12.14% |
| Max Drawdown | -64.00% | -55.19% |
| Current Drawdown | -39.18% | -0.54% |
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Correlation
The correlation between AY and SPY is 0.37, 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.
Risk-Adjusted Performance
AY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atlantica Sustainable Infrastructure plc (AY) 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
AY vs. SPY - Dividend Comparison
AY's dividend yield for the trailing twelve months is around 8.04%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AY Atlantica Sustainable Infrastructure plc | 8.04% | 8.28% | 6.83% | 4.80% | 4.37% | 5.95% | 6.79% | 6.13% | 2.34% | 7.41% | 0.14% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AY vs. SPY - Drawdown Comparison
The maximum AY drawdown since its inception was -64.00%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AY and SPY. For additional features, visit the drawdowns tool.
Volatility
AY vs. SPY - Volatility Comparison
The current volatility for Atlantica Sustainable Infrastructure plc (AY) is 0.34%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.98%. This indicates that AY experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.