CBOE vs. SPY
Compare and contrast key facts about Cboe Global Markets, Inc. (CBOE) 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: CBOE or SPY.
Correlation
The correlation between CBOE and SPY is 0.31, 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
CBOE vs. SPY - Performance Comparison
Key characteristics
CBOE:
1.15
SPY:
0.32
CBOE:
1.70
SPY:
0.51
CBOE:
1.20
SPY:
1.07
CBOE:
1.74
SPY:
0.39
CBOE:
5.01
SPY:
1.52
CBOE:
5.01%
SPY:
3.13%
CBOE:
21.79%
SPY:
14.74%
CBOE:
-43.23%
SPY:
-55.19%
CBOE:
-0.22%
SPY:
-12.17%
Returns By Period
In the year-to-date period, CBOE achieves a 15.91% return, which is significantly higher than SPY's -8.15% return. Over the past 10 years, CBOE has outperformed SPY with an annualized return of 16.54%, while SPY has yielded a comparatively lower 11.89% annualized return.
CBOE
15.91%
6.85%
8.09%
27.81%
22.18%
16.54%
SPY
-8.15%
-6.68%
-4.88%
4.64%
18.45%
11.89%
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Risk-Adjusted Performance
CBOE vs. SPY — Risk-Adjusted Performance Rank
CBOE
SPY
CBOE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cboe Global Markets, Inc. (CBOE) 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
CBOE vs. SPY - Dividend Comparison
CBOE's dividend yield for the trailing twelve months is around 1.08%, less than SPY's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBOE Cboe Global Markets, Inc. | 1.08% | 1.21% | 1.18% | 1.56% | 1.38% | 1.68% | 1.12% | 1.19% | 0.83% | 1.30% | 1.36% | 1.23% |
SPY SPDR S&P 500 ETF | 1.34% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CBOE vs. SPY - Drawdown Comparison
The maximum CBOE drawdown since its inception was -43.23%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CBOE and SPY. For additional features, visit the drawdowns tool.
Volatility
CBOE vs. SPY - Volatility Comparison
Cboe Global Markets, Inc. (CBOE) and SPDR S&P 500 ETF (SPY) have volatilities of 7.28% and 7.47%, 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.