Correlation
The correlation between BIOX and SPY is 0.22, 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.
BIOX vs. SPY
Compare and contrast key facts about Bioceres Crop Solutions Corp. (BIOX) 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: BIOX or SPY.
Performance
BIOX vs. SPY - Performance Comparison
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Key characteristics
BIOX:
-0.96
SPY:
0.70
BIOX:
-1.48
SPY:
1.02
BIOX:
0.82
SPY:
1.15
BIOX:
-0.72
SPY:
0.68
BIOX:
-1.28
SPY:
2.57
BIOX:
43.40%
SPY:
4.93%
BIOX:
59.48%
SPY:
20.42%
BIOX:
-76.88%
SPY:
-55.19%
BIOX:
-69.50%
SPY:
-3.55%
Returns By Period
In the year-to-date period, BIOX achieves a -19.74% return, which is significantly lower than SPY's 0.87% return.
BIOX
-19.74%
14.82%
-31.46%
-56.89%
-30.73%
-6.11%
N/A
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
BIOX vs. SPY — Risk-Adjusted Performance Rank
BIOX
SPY
BIOX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bioceres Crop Solutions Corp. (BIOX) 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
BIOX vs. SPY - Dividend Comparison
BIOX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIOX Bioceres Crop Solutions Corp. | 0.00% | 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 | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BIOX vs. SPY - Drawdown Comparison
The maximum BIOX drawdown since its inception was -76.88%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BIOX and SPY.
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Volatility
BIOX vs. SPY - Volatility Comparison
Bioceres Crop Solutions Corp. (BIOX) has a higher volatility of 20.62% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that BIOX'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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