BYDDY vs. SPY
Compare and contrast key facts about BYD Co Ltd ADR (BYDDY) 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: BYDDY or SPY.
Performance
BYDDY vs. SPY - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with BYDDY having a 25.50% return and SPY slightly lower at 25.36%. Over the past 10 years, BYDDY has outperformed SPY with an annualized return of 19.63%, while SPY has yielded a comparatively lower 13.07% annualized return.
BYDDY
25.50%
-7.12%
23.89%
8.96%
49.02%
19.63%
SPY
25.36%
0.98%
11.79%
31.70%
15.55%
13.07%
Key characteristics
| BYDDY | SPY | |
|---|---|---|
| Sharpe Ratio | 0.26 | 2.69 |
| Sortino Ratio | 0.65 | 3.59 |
| Omega Ratio | 1.08 | 1.50 |
| Calmar Ratio | 0.17 | 3.89 |
| Martin Ratio | 0.67 | 17.53 |
| Ulcer Index | 14.75% | 1.87% |
| Daily Std Dev | 37.82% | 12.15% |
| Max Drawdown | -97.37% | -55.19% |
| Current Drawdown | -35.43% | -1.41% |
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Correlation
The correlation between BYDDY 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.
Risk-Adjusted Performance
BYDDY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BYD Co Ltd ADR (BYDDY) 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
BYDDY vs. SPY - Dividend Comparison
BYDDY's dividend yield for the trailing twelve months is around 1.26%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BYDDY BYD Co Ltd ADR | 1.26% | 0.60% | 0.07% | 0.07% | 0.03% | 0.60% | 0.36% | 0.30% | 1.06% | 0.00% | 0.20% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
BYDDY vs. SPY - Drawdown Comparison
The maximum BYDDY drawdown since its inception was -97.37%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for BYDDY and SPY. For additional features, visit the drawdowns tool.
Volatility
BYDDY vs. SPY - Volatility Comparison
BYD Co Ltd ADR (BYDDY) has a higher volatility of 10.73% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that BYDDY'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.