CAVA vs. SPY
Compare and contrast key facts about CAVA Group Inc. (CAVA) 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: CAVA or SPY.
Performance
CAVA vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, CAVA achieves a 225.01% return, which is significantly higher than SPY's 25.41% return.
CAVA
225.01%
2.47%
77.41%
318.11%
N/A
N/A
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| CAVA | SPY | |
|---|---|---|
| Sharpe Ratio | 5.69 | 2.62 |
| Sortino Ratio | 5.12 | 3.50 |
| Omega Ratio | 1.71 | 1.49 |
| Calmar Ratio | 7.17 | 3.78 |
| Martin Ratio | 51.72 | 17.00 |
| Ulcer Index | 6.04% | 1.87% |
| Daily Std Dev | 54.92% | 12.14% |
| Max Drawdown | -47.50% | -55.19% |
| Current Drawdown | -5.49% | -1.38% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between CAVA and SPY is 0.43, 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
CAVA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CAVA Group Inc. (CAVA) 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
CAVA vs. SPY - Dividend Comparison
CAVA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAVA CAVA Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CAVA vs. SPY - Drawdown Comparison
The maximum CAVA drawdown since its inception was -47.50%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CAVA and SPY. For additional features, visit the drawdowns tool.
Volatility
CAVA vs. SPY - Volatility Comparison
CAVA Group Inc. (CAVA) has a higher volatility of 11.74% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that CAVA'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.