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.
Performance
AZO vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, AZO achieves a 22.48% return, which is significantly lower than SPY's 24.91% return. Over the past 10 years, AZO has outperformed SPY with an annualized return of 18.78%, while SPY has yielded a comparatively lower 13.04% annualized return.
AZO
22.48%
-0.48%
8.31%
20.55%
22.33%
18.78%
SPY
24.91%
0.61%
11.66%
32.24%
15.43%
13.04%
Key characteristics
| AZO | SPY | |
|---|---|---|
| Sharpe Ratio | 0.92 | 2.67 |
| Sortino Ratio | 1.40 | 3.56 |
| Omega Ratio | 1.17 | 1.50 |
| Calmar Ratio | 1.24 | 3.85 |
| Martin Ratio | 2.96 | 17.38 |
| Ulcer Index | 6.46% | 1.86% |
| Daily Std Dev | 20.87% | 12.17% |
| Max Drawdown | -46.33% | -55.19% |
| Current Drawdown | -2.23% | -1.77% |
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Correlation
The correlation between AZO and SPY is 0.41, 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.
Risk-Adjusted Performance
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 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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
AutoZone, Inc. (AZO) has a higher volatility of 7.18% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that AZO'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.