CAT vs. SPY
Compare and contrast key facts about Caterpillar Inc. (CAT) 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: CAT or SPY.
Performance
CAT vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, CAT achieves a 31.98% return, which is significantly higher than SPY's 24.40% return. Over the past 10 years, CAT has outperformed SPY with an annualized return of 17.31%, while SPY has yielded a comparatively lower 13.04% annualized return.
CAT
31.98%
-2.14%
8.63%
54.20%
24.61%
17.31%
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| CAT | SPY | |
|---|---|---|
| Sharpe Ratio | 2.09 | 2.64 |
| Sortino Ratio | 2.83 | 3.53 |
| Omega Ratio | 1.37 | 1.49 |
| Calmar Ratio | 3.50 | 3.81 |
| Martin Ratio | 8.06 | 17.21 |
| Ulcer Index | 6.87% | 1.86% |
| Daily Std Dev | 26.50% | 12.15% |
| Max Drawdown | -73.43% | -55.19% |
| Current Drawdown | -7.87% | -2.17% |
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Correlation
The correlation between CAT and SPY is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
CAT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Caterpillar Inc. (CAT) 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
CAT vs. SPY - Dividend Comparison
CAT's dividend yield for the trailing twelve months is around 1.41%, more than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAT Caterpillar Inc. | 1.41% | 1.69% | 1.93% | 2.07% | 2.26% | 2.56% | 2.58% | 1.97% | 3.32% | 4.33% | 2.84% | 1.89% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CAT vs. SPY - Drawdown Comparison
The maximum CAT drawdown since its inception was -73.43%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CAT and SPY. For additional features, visit the drawdowns tool.
Volatility
CAT vs. SPY - Volatility Comparison
Caterpillar Inc. (CAT) has a higher volatility of 10.55% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that CAT'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.