BMI vs. SPY
Compare and contrast key facts about Badger Meter, Inc. (BMI) 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: BMI or SPY.
Correlation
The correlation between BMI and SPY is 0.40, 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
BMI vs. SPY - Performance Comparison
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Key characteristics
BMI:
0.91
SPY:
0.70
BMI:
1.38
SPY:
1.13
BMI:
1.17
SPY:
1.17
BMI:
0.92
SPY:
0.76
BMI:
2.75
SPY:
2.93
BMI:
9.44%
SPY:
4.86%
BMI:
31.16%
SPY:
20.29%
BMI:
-68.22%
SPY:
-55.19%
BMI:
0.00%
SPY:
-3.97%
Returns By Period
In the year-to-date period, BMI achieves a 16.85% return, which is significantly higher than SPY's 0.43% return. Over the past 10 years, BMI has outperformed SPY with an annualized return of 24.09%, while SPY has yielded a comparatively lower 12.66% annualized return.
BMI
16.85%
34.86%
10.32%
28.22%
36.50%
24.09%
SPY
0.43%
9.91%
-1.06%
14.09%
17.31%
12.66%
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Risk-Adjusted Performance
BMI vs. SPY — Risk-Adjusted Performance Rank
BMI
SPY
BMI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Badger Meter, Inc. (BMI) 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
BMI vs. SPY - Dividend Comparison
BMI's dividend yield for the trailing twelve months is around 0.52%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMI Badger Meter, Inc. | 0.52% | 0.58% | 0.64% | 0.78% | 0.71% | 0.74% | 0.99% | 1.14% | 1.03% | 1.16% | 1.33% | 1.25% |
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
BMI vs. SPY - Drawdown Comparison
The maximum BMI drawdown since its inception was -68.22%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BMI and SPY. For additional features, visit the drawdowns tool.
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Volatility
BMI vs. SPY - Volatility Comparison
Badger Meter, Inc. (BMI) has a higher volatility of 11.36% compared to SPDR S&P 500 ETF (SPY) at 6.25%. This indicates that BMI'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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