CAG vs. SPY
Compare and contrast key facts about Conagra Brands, Inc. (CAG) 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: CAG or SPY.
Key characteristics
CAG | SPY | |
---|---|---|
YTD Return | 7.81% | 9.02% |
1Y Return | -16.36% | 27.00% |
3Y Return (Ann) | -3.58% | 8.59% |
5Y Return (Ann) | 4.01% | 14.29% |
10Y Return (Ann) | 5.50% | 12.67% |
Sharpe Ratio | -0.78 | 2.52 |
Daily Std Dev | 20.51% | 11.53% |
Max Drawdown | -56.94% | -55.19% |
Current Drawdown | -21.39% | -1.26% |
Correlation
The correlation between CAG and SPY is 0.37, 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
CAG vs. SPY - Performance Comparison
In the year-to-date period, CAG achieves a 7.81% return, which is significantly lower than SPY's 9.02% return. Over the past 10 years, CAG has underperformed SPY with an annualized return of 5.50%, while SPY has yielded a comparatively higher 12.67% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CAG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Conagra Brands, Inc. (CAG) 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
CAG vs. SPY - Dividend Comparison
CAG's dividend yield for the trailing twelve months is around 4.64%, more than SPY's 1.30% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Conagra Brands, Inc. | 4.64% | 4.75% | 3.32% | 3.44% | 2.52% | 2.48% | 3.98% | 2.19% | 1.97% | 2.37% | 2.76% | 2.97% |
SPDR S&P 500 ETF | 1.30% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CAG vs. SPY - Drawdown Comparison
The maximum CAG drawdown since its inception was -56.94%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CAG and SPY. For additional features, visit the drawdowns tool.
Volatility
CAG vs. SPY - Volatility Comparison
Conagra Brands, Inc. (CAG) has a higher volatility of 5.34% compared to SPDR S&P 500 ETF (SPY) at 4.07%. This indicates that CAG'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.