BNP.PA vs. SPY
Compare and contrast key facts about BNP Paribas SA (BNP.PA) 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: BNP.PA or SPY.
Key characteristics
BNP.PA | SPY | |
---|---|---|
YTD Return | 5.92% | 18.22% |
1Y Return | 10.71% | 25.53% |
3Y Return (Ann) | 13.59% | 8.90% |
5Y Return (Ann) | 13.98% | 15.65% |
10Y Return (Ann) | 6.94% | 12.78% |
Sharpe Ratio | 0.51 | 2.12 |
Daily Std Dev | 22.38% | 12.30% |
Max Drawdown | -75.43% | -55.19% |
Current Drawdown | -9.12% | -1.15% |
Correlation
The correlation between BNP.PA and SPY is 0.35, 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
BNP.PA vs. SPY - Performance Comparison
In the year-to-date period, BNP.PA achieves a 5.92% return, which is significantly lower than SPY's 18.22% return. Over the past 10 years, BNP.PA has underperformed SPY with an annualized return of 6.94%, while SPY has yielded a comparatively higher 12.78% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BNP.PA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas SA (BNP.PA) 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
BNP.PA vs. SPY - Dividend Comparison
BNP.PA's dividend yield for the trailing twelve months is around 7.41%, more than SPY's 1.23% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BNP.PA BNP Paribas SA | 7.41% | 6.23% | 6.89% | 4.38% | 0.00% | 5.72% | 7.65% | 4.34% | 3.82% | 2.87% | 3.05% | 2.65% |
SPY SPDR S&P 500 ETF | 1.23% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BNP.PA vs. SPY - Drawdown Comparison
The maximum BNP.PA drawdown since its inception was -75.43%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BNP.PA and SPY. For additional features, visit the drawdowns tool.
Volatility
BNP.PA vs. SPY - Volatility Comparison
BNP Paribas SA (BNP.PA) has a higher volatility of 6.23% compared to SPDR S&P 500 ETF (SPY) at 5.60%. This indicates that BNP.PA'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.