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:
4.91
SPY:
2.21
BBAR:
4.29
SPY:
2.93
BBAR:
1.53
SPY:
1.41
BBAR:
3.88
SPY:
3.26
BBAR:
32.92
SPY:
14.43
BBAR:
9.29%
SPY:
1.90%
BBAR:
62.34%
SPY:
12.41%
BBAR:
-96.11%
SPY:
-55.19%
BBAR:
-4.79%
SPY:
-2.74%
Returns By Period
In the year-to-date period, BBAR achieves a 299.15% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, BBAR has underperformed SPY with an annualized return of 6.95%, while SPY has yielded a comparatively higher 12.97% annualized return.
BBAR
299.15%
4.15%
117.40%
290.53%
37.96%
6.95%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
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 8.43%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBAR Banco BBVA Argentina S.A. | 8.43% | 5.17% | 5.20% | 0.00% | 0.00% | 4.76% | 2.04% | 1.02% | 2.82% | 0.00% | 0.15% | 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
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 22.23% compared to SPDR S&P 500 ETF (SPY) at 3.72%. 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.