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

Correlation

The correlation between BHLB and SPY is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

BHLB vs. SPY - Performance Comparison

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

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Key characteristics

Daily Std Dev

BHLB:

20.23%

SPY:

20.02%

Max Drawdown

BHLB:

-1.44%

SPY:

-55.19%

Current Drawdown

BHLB:

-0.58%

SPY:

-7.65%

Returns By Period


BHLB

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

SPY

YTD

-3.42%

1M

5.69%

6M

-5.06%

1Y

9.73%

5Y*

16.26%

10Y*

12.24%

*Annualized

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Risk-Adjusted Performance

BHLB vs. SPY — Risk-Adjusted Performance Rank

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

BHLB
The Risk-Adjusted Performance Rank of BHLB is 6868
Overall Rank
The Sharpe Ratio Rank of BHLB is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of BHLB is 6767
Sortino Ratio Rank
The Omega Ratio Rank of BHLB is 6464
Omega Ratio Rank
The Calmar Ratio Rank of BHLB is 6969
Calmar Ratio Rank
The Martin Ratio Rank of BHLB is 7171
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6363
Overall Rank
The Sharpe Ratio Rank of SPY is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6161
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6464
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6666
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6565
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.

BHLB vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Berkshire Hills Bancorp, Inc. (BHLB) 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.



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Dividends

BHLB vs. SPY - Dividend Comparison

BHLB's dividend yield for the trailing twelve months is around 2.82%, more than SPY's 1.27% yield.


TTM20242023202220212020201920182017201620152014
BHLB
Berkshire Hills Bancorp, Inc.
2.82%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.27%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

BHLB vs. SPY - Drawdown Comparison

The maximum BHLB drawdown since its inception was -1.44%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BHLB and SPY. For additional features, visit the drawdowns tool.


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Volatility

BHLB vs. SPY - Volatility Comparison


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