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 0.35, 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
BRDCY vs. SPY - Performance Comparison
Key characteristics
BRDCY:
-0.25
SPY:
0.30
BRDCY:
-0.20
SPY:
0.56
BRDCY:
0.98
SPY:
1.08
BRDCY:
-0.22
SPY:
0.31
BRDCY:
-0.38
SPY:
1.40
BRDCY:
15.75%
SPY:
4.18%
BRDCY:
23.98%
SPY:
19.64%
BRDCY:
-85.88%
SPY:
-55.19%
BRDCY:
-8.90%
SPY:
-13.86%
Returns By Period
In the year-to-date period, BRDCY achieves a 22.05% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, BRDCY has underperformed SPY with an annualized return of 2.69%, while SPY has yielded a comparatively higher 11.54% annualized return.
BRDCY
22.05%
-0.49%
10.05%
-5.75%
9.66%
2.69%
SPY
-9.91%
-6.63%
-9.38%
7.66%
15.04%
11.54%
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Risk-Adjusted Performance
BRDCY vs. SPY — Risk-Adjusted Performance Rank
BRDCY
SPY
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 has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRDCY Bridgestone Corporation | 0.00% | 0.00% | 3.27% | 3.65% | 3.42% | 3.10% | 3.98% | 3.76% | 3.00% | 3.62% | 4.73% | 2.53% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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
The current volatility for Bridgestone Corporation (BRDCY) is 12.69%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that BRDCY experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.