BORR vs. SPY
Compare and contrast key facts about Borr Drilling Ltd (BORR) 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: BORR or SPY.
Correlation
The correlation between BORR and SPY is 0.26, 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
BORR vs. SPY - Performance Comparison
Key characteristics
BORR:
-0.99
SPY:
1.91
BORR:
-1.45
SPY:
2.57
BORR:
0.83
SPY:
1.35
BORR:
-0.60
SPY:
2.88
BORR:
-1.76
SPY:
11.96
BORR:
28.30%
SPY:
2.03%
BORR:
50.54%
SPY:
12.68%
BORR:
-97.44%
SPY:
-55.19%
BORR:
-83.22%
SPY:
0.00%
Returns By Period
In the year-to-date period, BORR achieves a -21.54% return, which is significantly lower than SPY's 4.34% return.
BORR
-21.54%
-11.82%
-48.04%
-49.99%
-15.45%
N/A
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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Risk-Adjusted Performance
BORR vs. SPY — Risk-Adjusted Performance Rank
BORR
SPY
BORR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Borr Drilling Ltd (BORR) 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
BORR vs. SPY - Dividend Comparison
BORR's dividend yield for the trailing twelve months is around 8.82%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BORR Borr Drilling Ltd | 8.82% | 8.21% | 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 | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BORR vs. SPY - Drawdown Comparison
The maximum BORR drawdown since its inception was -97.44%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BORR and SPY. For additional features, visit the drawdowns tool.
Volatility
BORR vs. SPY - Volatility Comparison
Borr Drilling Ltd (BORR) has a higher volatility of 14.89% compared to SPDR S&P 500 ETF (SPY) at 3.13%. This indicates that BORR'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.