BYDDY vs. SPY
Compare and contrast key facts about BYD Company Limited 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.
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.
Performance
BYDDY vs. SPY - Performance Comparison
Key characteristics
BYDDY:
0.87
SPY:
2.03
BYDDY:
1.45
SPY:
2.71
BYDDY:
1.17
SPY:
1.38
BYDDY:
0.56
SPY:
3.02
BYDDY:
3.37
SPY:
13.49
BYDDY:
9.88%
SPY:
1.88%
BYDDY:
38.20%
SPY:
12.48%
BYDDY:
-97.37%
SPY:
-55.19%
BYDDY:
-35.11%
SPY:
-3.54%
Returns By Period
In the year-to-date period, BYDDY achieves a 26.13% return, which is significantly higher than SPY's 24.51% return. Over the past 10 years, BYDDY has outperformed SPY with an annualized return of 25.90%, while SPY has yielded a comparatively lower 12.94% annualized return.
BYDDY
26.13%
0.41%
13.57%
38.15%
49.18%
25.90%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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
BYDDY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BYD Company Limited 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 1.25%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BYDDY BYD Company Limited ADR | 1.25% | 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 | 0.87% | 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 Company Limited ADR (BYDDY) has a higher volatility of 10.83% compared to SPDR S&P 500 ETF (SPY) at 3.61%. 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.