BRID vs. SPY
Compare and contrast key facts about Bridgford Foods Corporation (BRID) 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: BRID or SPY.
Correlation
The correlation between BRID and SPY is 0.07, 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
BRID vs. SPY - Performance Comparison
Key characteristics
BRID:
-0.70
SPY:
0.20
BRID:
-0.91
SPY:
0.42
BRID:
0.87
SPY:
1.06
BRID:
-0.41
SPY:
0.21
BRID:
-1.40
SPY:
0.92
BRID:
23.14%
SPY:
4.30%
BRID:
46.99%
SPY:
19.83%
BRID:
-84.20%
SPY:
-55.19%
BRID:
-79.44%
SPY:
-15.91%
Returns By Period
In the year-to-date period, BRID achieves a -30.11% return, which is significantly lower than SPY's -12.06% return. Over the past 10 years, BRID has underperformed SPY with an annualized return of -1.09%, while SPY has yielded a comparatively higher 11.22% annualized return.
BRID
-30.11%
-22.39%
-15.79%
-29.19%
-16.48%
-1.09%
SPY
-12.06%
-8.88%
-11.39%
5.10%
14.70%
11.22%
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Risk-Adjusted Performance
BRID vs. SPY — Risk-Adjusted Performance Rank
BRID
SPY
BRID vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridgford Foods Corporation (BRID) 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
BRID vs. SPY - Dividend Comparison
BRID has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.39%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRID Bridgford Foods Corporation | 0.00% | 0.00% | 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 | 1.39% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
BRID vs. SPY - Drawdown Comparison
The maximum BRID drawdown since its inception was -84.20%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BRID and SPY. For additional features, visit the drawdowns tool.
Volatility
BRID vs. SPY - Volatility Comparison
The current volatility for Bridgford Foods Corporation (BRID) is 10.81%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.67%. This indicates that BRID 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.