AZO vs. SPY
Compare and contrast key facts about AutoZone, Inc. (AZO) 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: AZO or SPY.
Correlation
The correlation between AZO and SPY is 0.40, 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
AZO vs. SPY - Performance Comparison
Key characteristics
AZO:
0.79
SPY:
-0.09
AZO:
1.21
SPY:
-0.02
AZO:
1.14
SPY:
1.00
AZO:
1.04
SPY:
-0.09
AZO:
3.66
SPY:
-0.45
AZO:
4.40%
SPY:
3.31%
AZO:
20.47%
SPY:
15.87%
AZO:
-46.33%
SPY:
-55.19%
AZO:
-4.57%
SPY:
-17.32%
Returns By Period
In the year-to-date period, AZO achieves a 14.09% return, which is significantly higher than SPY's -13.53% return. Over the past 10 years, AZO has outperformed SPY with an annualized return of 18.12%, while SPY has yielded a comparatively lower 11.25% annualized return.
AZO
14.09%
2.74%
20.43%
18.42%
35.91%
18.12%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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Risk-Adjusted Performance
AZO vs. SPY — Risk-Adjusted Performance Rank
AZO
SPY
AZO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AutoZone, Inc. (AZO) 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
AZO vs. SPY - Dividend Comparison
AZO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZO AutoZone, 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 | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AZO vs. SPY - Drawdown Comparison
The maximum AZO drawdown since its inception was -46.33%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AZO and SPY. For additional features, visit the drawdowns tool.
Volatility
AZO vs. SPY - Volatility Comparison
The current volatility for AutoZone, Inc. (AZO) is 8.21%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.29%. This indicates that AZO 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.