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BBY vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BBY 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

BBY vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Best Buy Co., Inc. (BBY) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BBY:

0.11

SPY:

0.69

Sortino Ratio

BBY:

0.43

SPY:

1.17

Omega Ratio

BBY:

1.06

SPY:

1.18

Calmar Ratio

BBY:

0.07

SPY:

0.80

Martin Ratio

BBY:

0.21

SPY:

3.08

Ulcer Index

BBY:

17.49%

SPY:

4.88%

Daily Std Dev

BBY:

44.15%

SPY:

20.26%

Max Drawdown

BBY:

-80.90%

SPY:

-55.19%

Current Drawdown

BBY:

-37.54%

SPY:

-2.76%

Returns By Period

In the year-to-date period, BBY achieves a -12.89% return, which is significantly lower than SPY's 1.69% return. Over the past 10 years, BBY has underperformed SPY with an annualized return of 11.55%, while SPY has yielded a comparatively higher 12.77% annualized return.


BBY

YTD

-12.89%

1M

23.76%

6M

-18.48%

1Y

4.63%

5Y*

2.60%

10Y*

11.55%

SPY

YTD

1.69%

1M

13.04%

6M

2.09%

1Y

13.82%

5Y*

17.47%

10Y*

12.77%

*Annualized

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Risk-Adjusted Performance

BBY vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBY
The Risk-Adjusted Performance Rank of BBY is 5353
Overall Rank
The Sharpe Ratio Rank of BBY is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of BBY is 4949
Sortino Ratio Rank
The Omega Ratio Rank of BBY is 5050
Omega Ratio Rank
The Calmar Ratio Rank of BBY is 5555
Calmar Ratio Rank
The Martin Ratio Rank of BBY is 5353
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 7171
Overall Rank
The Sharpe Ratio Rank of SPY is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 7070
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 7373
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 7373
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BBY vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Best Buy Co., Inc. (BBY) 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.


The current BBY Sharpe Ratio is 0.11, which is lower than the SPY Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of BBY and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BBY vs. SPY - Dividend Comparison

BBY's dividend yield for the trailing twelve months is around 5.11%, more than SPY's 1.21% yield.


TTM20242023202220212020201920182017201620152014
BBY
Best Buy Co., Inc.
5.11%4.38%4.70%4.39%2.76%2.20%2.28%3.40%1.99%3.68%4.70%1.85%
SPY
SPDR S&P 500 ETF
1.21%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

BBY vs. SPY - Drawdown Comparison

The maximum BBY drawdown since its inception was -80.90%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BBY and SPY. For additional features, visit the drawdowns tool.


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Volatility

BBY vs. SPY - Volatility Comparison

Best Buy Co., Inc. (BBY) has a higher volatility of 9.07% compared to SPDR S&P 500 ETF (SPY) at 5.51%. This indicates that BBY'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.


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