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.
Key characteristics
| BIOX | SPY | |
|---|---|---|
| YTD Return | -14.06% | 5.94% |
| 1Y Return | 5.64% | 22.56% |
| 3Y Return (Ann) | -7.71% | 7.95% |
| 5Y Return (Ann) | 20.91% | 13.35% |
| Sharpe Ratio | 0.16 | 1.93 |
| Daily Std Dev | 33.29% | 11.63% |
| Max Drawdown | -59.41% | -55.19% |
| Current Drawdown | -26.25% | -4.05% |
Correlation
The correlation between BIOX and SPY is 0.21, 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
BIOX vs. SPY - Performance Comparison
In the year-to-date period, BIOX achieves a -14.06% return, which is significantly lower than SPY's 5.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
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 1.34%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1.34% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BIOX vs. SPY - Drawdown Comparison
The maximum BIOX drawdown since its inception was -59.41%, 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. For additional features, visit the drawdowns tool.
Volatility
BIOX vs. SPY - Volatility Comparison
Bioceres Crop Solutions Corp. (BIOX) and SPDR S&P 500 ETF (SPY) have volatilities of 4.06% and 3.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.