BRDCY vs. SPY
Compare and contrast key facts about Bridgestone Corporation (BRDCY) 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: BRDCY or SPY.
Correlation
The correlation between BRDCY and SPY is 0.34, 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
BRDCY vs. SPY - Performance Comparison
Key characteristics
BRDCY:
-0.80
SPY:
2.21
BRDCY:
-1.05
SPY:
2.93
BRDCY:
0.88
SPY:
1.41
BRDCY:
-0.64
SPY:
3.26
BRDCY:
-1.33
SPY:
14.43
BRDCY:
12.27%
SPY:
1.90%
BRDCY:
20.31%
SPY:
12.41%
BRDCY:
-85.88%
SPY:
-55.19%
BRDCY:
-25.23%
SPY:
-2.74%
Returns By Period
In the year-to-date period, BRDCY achieves a -18.20% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, BRDCY has underperformed SPY with an annualized return of 2.75%, while SPY has yielded a comparatively higher 12.97% annualized return.
BRDCY
-18.20%
-2.78%
-15.06%
-18.93%
0.29%
2.75%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
BRDCY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridgestone Corporation (BRDCY) 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
BRDCY vs. SPY - Dividend Comparison
BRDCY's dividend yield for the trailing twelve months is around 1.96%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRDCY Bridgestone Corporation | 1.96% | 3.27% | 3.65% | 3.42% | 3.10% | 3.98% | 3.76% | 3.00% | 3.62% | 4.73% | 2.53% | 4.45% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BRDCY vs. SPY - Drawdown Comparison
The maximum BRDCY drawdown since its inception was -85.88%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BRDCY and SPY. For additional features, visit the drawdowns tool.
Volatility
BRDCY vs. SPY - Volatility Comparison
Bridgestone Corporation (BRDCY) has a higher volatility of 4.19% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that BRDCY'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.