CASY vs. SPY
Compare and contrast key facts about Casey's General Stores, Inc. (CASY) 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: CASY or SPY.
Key characteristics
| CASY | SPY | |
|---|---|---|
| YTD Return | 15.56% | 6.58% |
| 1Y Return | 33.33% | 25.57% |
| 3Y Return (Ann) | 13.26% | 8.08% |
| 5Y Return (Ann) | 20.16% | 13.25% |
| 10Y Return (Ann) | 17.63% | 12.38% |
| Sharpe Ratio | 1.54 | 2.13 |
| Daily Std Dev | 22.69% | 11.60% |
| Max Drawdown | -74.33% | -55.19% |
| Current Drawdown | -1.94% | -3.47% |
Correlation
The correlation between CASY and SPY is 0.39, 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
CASY vs. SPY - Performance Comparison
In the year-to-date period, CASY achieves a 15.56% return, which is significantly higher than SPY's 6.58% return. Over the past 10 years, CASY has outperformed SPY with an annualized return of 17.63%, while SPY has yielded a comparatively lower 12.38% 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
CASY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Casey's General Stores, Inc. (CASY) 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
CASY vs. SPY - Dividend Comparison
CASY's dividend yield for the trailing twelve months is around 0.54%, less than SPY's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASY Casey's General Stores, Inc. | 0.54% | 0.59% | 0.65% | 0.69% | 0.72% | 0.77% | 0.86% | 0.89% | 0.77% | 0.70% | 0.84% | 0.98% |
SPY SPDR S&P 500 ETF | 1.33% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CASY vs. SPY - Drawdown Comparison
The maximum CASY drawdown since its inception was -74.33%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CASY and SPY. For additional features, visit the drawdowns tool.
Volatility
CASY vs. SPY - Volatility Comparison
Casey's General Stores, Inc. (CASY) and SPDR S&P 500 ETF (SPY) have volatilities of 3.84% and 4.03%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.