BATS.L vs. SPY
Compare and contrast key facts about British American Tobacco plc (BATS.L) 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: BATS.L or SPY.
Key characteristics
| BATS.L | SPY | |
|---|---|---|
| YTD Return | 28.71% | 26.77% |
| 1Y Return | 19.15% | 37.43% |
| 3Y Return (Ann) | 10.42% | 10.15% |
| 5Y Return (Ann) | 7.09% | 15.86% |
| 10Y Return (Ann) | 3.47% | 13.33% |
| Sharpe Ratio | 1.04 | 3.06 |
| Sortino Ratio | 1.52 | 4.08 |
| Omega Ratio | 1.22 | 1.58 |
| Calmar Ratio | 0.53 | 4.44 |
| Martin Ratio | 4.09 | 20.11 |
| Ulcer Index | 4.95% | 1.85% |
| Daily Std Dev | 19.53% | 12.18% |
| Max Drawdown | -64.53% | -55.19% |
| Current Drawdown | -17.44% | -0.31% |
Correlation
The correlation between BATS.L and SPY is 0.21, 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.
Performance
BATS.L vs. SPY - Performance Comparison
In the year-to-date period, BATS.L achieves a 28.71% return, which is significantly higher than SPY's 26.77% return. Over the past 10 years, BATS.L has underperformed SPY with an annualized return of 3.47%, while SPY has yielded a comparatively higher 13.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BATS.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for British American Tobacco plc (BATS.L) 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
BATS.L vs. SPY - Dividend Comparison
BATS.L's dividend yield for the trailing twelve months is around 8.50%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BATS.L British American Tobacco plc | 8.50% | 10.06% | 6.64% | 7.89% | 7.77% | 6.28% | 7.81% | 4.35% | 3.37% | 3.98% | 4.14% | 4.25% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BATS.L vs. SPY - Drawdown Comparison
The maximum BATS.L drawdown since its inception was -64.53%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BATS.L and SPY. For additional features, visit the drawdowns tool.
Volatility
BATS.L vs. SPY - Volatility Comparison
British American Tobacco plc (BATS.L) has a higher volatility of 4.60% compared to SPDR S&P 500 ETF (SPY) at 3.88%. This indicates that BATS.L'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.