BSP.DE vs. SPY
Compare and contrast key facts about BAE Systems plc (BSP.DE) 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: BSP.DE or SPY.
Key characteristics
| BSP.DE | SPY | |
|---|---|---|
| YTD Return | 14.83% | 13.99% |
| 1Y Return | 38.96% | 19.85% |
| 3Y Return (Ann) | 34.76% | 8.49% |
| Sharpe Ratio | 1.63 | 1.73 |
| Daily Std Dev | 22.92% | 11.52% |
| Max Drawdown | -41.54% | -55.19% |
| Current Drawdown | -11.38% | -4.68% |
Correlation
The correlation between BSP.DE and SPY is 0.16, 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
BSP.DE vs. SPY - Performance Comparison
In the year-to-date period, BSP.DE achieves a 14.83% return, which is significantly higher than SPY's 13.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BSP.DE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BAE Systems plc (BSP.DE) 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
BSP.DE vs. SPY - Dividend Comparison
BSP.DE's dividend yield for the trailing twelve months is around 2.02%, more than SPY's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSP.DE BAE Systems plc | 2.02% | 2.15% | 2.62% | 3.68% | 6.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BSP.DE vs. SPY - Drawdown Comparison
The maximum BSP.DE drawdown since its inception was -41.54%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BSP.DE and SPY. For additional features, visit the drawdowns tool.
Volatility
BSP.DE vs. SPY - Volatility Comparison
BAE Systems plc (BSP.DE) has a higher volatility of 5.11% compared to SPDR S&P 500 ETF (SPY) at 3.74%. This indicates that BSP.DE'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.