BIRK vs. SPY
Compare and contrast key facts about Birkenstock Holding plc (BIRK) 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: BIRK or SPY.
Correlation
The correlation between BIRK and SPY is 0.38, 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
BIRK vs. SPY - Performance Comparison
Key characteristics
BIRK:
0.45
SPY:
1.72
BIRK:
0.86
SPY:
2.33
BIRK:
1.11
SPY:
1.32
BIRK:
0.56
SPY:
2.61
BIRK:
1.14
SPY:
10.82
BIRK:
15.12%
SPY:
2.03%
BIRK:
38.34%
SPY:
12.75%
BIRK:
-30.97%
SPY:
-55.19%
BIRK:
-11.72%
SPY:
-1.05%
Returns By Period
In the year-to-date period, BIRK achieves a -0.95% return, which is significantly lower than SPY's 2.95% return.
BIRK
-0.95%
-0.95%
-5.78%
16.60%
N/A
N/A
SPY
2.95%
3.78%
11.68%
23.68%
14.09%
13.13%
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Risk-Adjusted Performance
BIRK vs. SPY — Risk-Adjusted Performance Rank
BIRK
SPY
BIRK vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Birkenstock Holding plc (BIRK) 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
BIRK vs. SPY - Dividend Comparison
BIRK has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.17%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIRK Birkenstock Holding plc | 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 | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BIRK vs. SPY - Drawdown Comparison
The maximum BIRK drawdown since its inception was -30.97%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BIRK and SPY. For additional features, visit the drawdowns tool.
Volatility
BIRK vs. SPY - Volatility Comparison
Birkenstock Holding plc (BIRK) has a higher volatility of 11.99% compared to SPDR S&P 500 ETF (SPY) at 3.45%. This indicates that BIRK'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.