BBAR vs. SPY
Compare and contrast key facts about Banco BBVA Argentina S.A. (BBAR) 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: BBAR or SPY.
Correlation
The correlation between BBAR and SPY is 0.35, 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
BBAR vs. SPY - Performance Comparison
Key characteristics
BBAR:
5.18
SPY:
1.88
BBAR:
4.43
SPY:
2.52
BBAR:
1.55
SPY:
1.34
BBAR:
4.30
SPY:
2.88
BBAR:
38.66
SPY:
11.98
BBAR:
8.59%
SPY:
2.02%
BBAR:
64.30%
SPY:
12.78%
BBAR:
-96.11%
SPY:
-55.19%
BBAR:
-7.61%
SPY:
-1.30%
Returns By Period
In the year-to-date period, BBAR achieves a 14.64% return, which is significantly higher than SPY's 2.69% return. Over the past 10 years, BBAR has underperformed SPY with an annualized return of 8.55%, while SPY has yielded a comparatively higher 13.31% annualized return.
BBAR
14.64%
-1.84%
179.05%
325.00%
46.07%
8.55%
SPY
2.69%
1.67%
13.66%
23.30%
14.62%
13.31%
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Risk-Adjusted Performance
BBAR vs. SPY — Risk-Adjusted Performance Rank
BBAR
SPY
BBAR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco BBVA Argentina S.A. (BBAR) 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
BBAR vs. SPY - Dividend Comparison
BBAR's dividend yield for the trailing twelve months is around 7.06%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBAR Banco BBVA Argentina S.A. | 7.06% | 8.10% | 5.17% | 5.20% | 0.00% | 0.00% | 4.76% | 2.04% | 1.02% | 2.82% | 0.00% | 0.15% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BBAR vs. SPY - Drawdown Comparison
The maximum BBAR drawdown since its inception was -96.11%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BBAR and SPY. For additional features, visit the drawdowns tool.
Volatility
BBAR vs. SPY - Volatility Comparison
Banco BBVA Argentina S.A. (BBAR) has a higher volatility of 22.70% compared to SPDR S&P 500 ETF (SPY) at 3.95%. This indicates that BBAR'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.