BABA vs. SPY
Compare and contrast key facts about Alibaba Group Holding Limited (BABA) 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: BABA or SPY.
Key characteristics
BABA | SPY | |
---|---|---|
YTD Return | -7.64% | 10.41% |
1Y Return | -26.27% | 34.16% |
3Y Return (Ann) | -31.69% | 11.38% |
5Y Return (Ann) | -16.88% | 14.99% |
Sharpe Ratio | -0.40 | 2.93 |
Daily Std Dev | 39.01% | 11.54% |
Max Drawdown | -80.09% | -55.19% |
Current Drawdown | -77.12% | 0.00% |
Correlation
The correlation between BABA and SPY is 0.46, 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
BABA vs. SPY - Performance Comparison
In the year-to-date period, BABA achieves a -7.64% return, which is significantly lower than SPY's 10.41% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Risk-Adjusted Performance
BABA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alibaba Group Holding Limited (BABA) 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.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Alibaba Group Holding Limited | -0.40 | ||||
SPDR S&P 500 ETF | 2.93 |
Dividends
BABA vs. SPY - Dividend Comparison
BABA's dividend yield for the trailing twelve months is around 1.40%, more than SPY's 1.28% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Alibaba Group Holding Limited | 1.40% | 1.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPDR S&P 500 ETF | 1.28% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BABA vs. SPY - Drawdown Comparison
The maximum BABA drawdown since its inception was -80.09%, which is greater than SPY's maximum drawdown of -55.19%. The drawdown chart below compares losses from any high point along the way for BABA and SPY
Volatility
BABA vs. SPY - Volatility Comparison
Alibaba Group Holding Limited (BABA) has a higher volatility of 8.34% compared to SPDR S&P 500 ETF (SPY) at 2.75%. This indicates that BABA'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.