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BRID vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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

The chart below illustrates the hypothetical performance of a $10,000 investment in Bridgford Foods Corporation (BRID) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BRID:

-0.46

SPY:

0.70

Sortino Ratio

BRID:

-0.53

SPY:

1.02

Omega Ratio

BRID:

0.93

SPY:

1.15

Calmar Ratio

BRID:

-0.30

SPY:

0.68

Martin Ratio

BRID:

-0.91

SPY:

2.57

Ulcer Index

BRID:

26.24%

SPY:

4.93%

Daily Std Dev

BRID:

48.01%

SPY:

20.42%

Max Drawdown

BRID:

-84.17%

SPY:

-55.19%

Current Drawdown

BRID:

-78.32%

SPY:

-3.55%

Returns By Period

In the year-to-date period, BRID achieves a -26.30% return, which is significantly lower than SPY's 0.87% return. Over the past 10 years, BRID has underperformed SPY with an annualized return of 0.26%, while SPY has yielded a comparatively higher 12.73% annualized return.


BRID

YTD

-26.30%

1M

-2.64%

6M

-12.57%

1Y

-21.49%

3Y*

-12.90%

5Y*

-12.83%

10Y*

0.26%

SPY

YTD

0.87%

1M

5.54%

6M

-1.56%

1Y

13.18%

3Y*

14.25%

5Y*

15.81%

10Y*

12.73%

*Annualized

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Bridgford Foods Corporation

SPDR S&P 500 ETF

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

BRID vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRID
The Risk-Adjusted Performance Rank of BRID is 2525
Overall Rank
The Sharpe Ratio Rank of BRID is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of BRID is 2121
Sortino Ratio Rank
The Omega Ratio Rank of BRID is 2020
Omega Ratio Rank
The Calmar Ratio Rank of BRID is 3131
Calmar Ratio Rank
The Martin Ratio Rank of BRID is 2929
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6262
Overall Rank
The Sharpe Ratio Rank of SPY is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 5959
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6262
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6565
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current BRID Sharpe Ratio is -0.46, which is lower than the SPY Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of BRID and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

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 1.22%.


TTM20242023202220212020201920182017201620152014
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
1.22%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 -84.17%, 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.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

BRID vs. SPY - Volatility Comparison

Bridgford Foods Corporation (BRID) and SPDR S&P 500 ETF (SPY) have volatilities of 4.66% and 4.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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