CASH vs. SPY
Compare and contrast key facts about Meta Financial Group, Inc. (CASH) 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: CASH or SPY.
Correlation
The correlation between CASH and SPY is 0.20, 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
CASH vs. SPY - Performance Comparison
Key characteristics
CASH:
1.67
SPY:
2.17
CASH:
2.48
SPY:
2.88
CASH:
1.31
SPY:
1.40
CASH:
1.81
SPY:
3.26
CASH:
8.47
SPY:
14.09
CASH:
5.63%
SPY:
1.95%
CASH:
28.49%
SPY:
12.64%
CASH:
-83.66%
SPY:
-55.19%
CASH:
-12.21%
SPY:
-2.83%
Returns By Period
In the year-to-date period, CASH achieves a 1.18% return, which is significantly higher than SPY's 0.44% return. Over the past 10 years, CASH has outperformed SPY with an annualized return of 21.67%, while SPY has yielded a comparatively lower 13.15% annualized return.
CASH
1.18%
-11.94%
29.07%
47.32%
14.82%
21.67%
SPY
0.44%
-2.83%
6.59%
25.62%
14.26%
13.15%
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Risk-Adjusted Performance
CASH vs. SPY — Risk-Adjusted Performance Rank
CASH
SPY
CASH vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Meta Financial Group, Inc. (CASH) 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
CASH vs. SPY - Dividend Comparison
CASH's dividend yield for the trailing twelve months is around 0.27%, less than SPY's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH Meta Financial Group, Inc. | 0.27% | 0.27% | 0.38% | 0.46% | 0.34% | 0.55% | 0.55% | 0.96% | 0.56% | 0.88% | 1.13% | 1.48% |
SPY SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CASH vs. SPY - Drawdown Comparison
The maximum CASH drawdown since its inception was -83.66%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CASH and SPY. For additional features, visit the drawdowns tool.
Volatility
CASH vs. SPY - Volatility Comparison
Meta Financial Group, Inc. (CASH) has a higher volatility of 8.48% compared to SPDR S&P 500 ETF (SPY) at 4.49%. This indicates that CASH'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.