AZPN vs. SPY
Compare and contrast key facts about Aspen Technology, Inc. (AZPN) 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: AZPN or SPY.
Correlation
The correlation between AZPN 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
AZPN vs. SPY - Performance Comparison
Key characteristics
AZPN:
0.58
SPY:
2.21
AZPN:
1.15
SPY:
2.93
AZPN:
1.14
SPY:
1.41
AZPN:
0.58
SPY:
3.26
AZPN:
2.19
SPY:
14.43
AZPN:
8.57%
SPY:
1.90%
AZPN:
32.61%
SPY:
12.41%
AZPN:
-98.59%
SPY:
-55.19%
AZPN:
-1.86%
SPY:
-2.74%
Returns By Period
In the year-to-date period, AZPN achieves a 14.22% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, AZPN has outperformed SPY with an annualized return of 21.36%, while SPY has yielded a comparatively lower 12.97% annualized return.
AZPN
14.22%
2.21%
26.27%
16.29%
15.81%
21.36%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
AZPN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Aspen Technology, Inc. (AZPN) 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
AZPN vs. SPY - Dividend Comparison
AZPN's dividend yield for the trailing twelve months is around 0.21%, less than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZPN Aspen Technology, Inc. | 0.21% | 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 | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
AZPN vs. SPY - Drawdown Comparison
The maximum AZPN drawdown since its inception was -98.59%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AZPN and SPY. For additional features, visit the drawdowns tool.
Volatility
AZPN vs. SPY - Volatility Comparison
The current volatility for Aspen Technology, Inc. (AZPN) is 3.41%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that AZPN 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.