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:
0.93
SPY:
0.51
CBOE:
1.38
SPY:
0.86
CBOE:
1.17
SPY:
1.13
CBOE:
1.44
SPY:
0.55
CBOE:
4.02
SPY:
2.26
CBOE:
5.20%
SPY:
4.55%
CBOE:
22.62%
SPY:
20.08%
CBOE:
-43.23%
SPY:
-55.19%
CBOE:
-5.61%
SPY:
-9.89%
Returns By Period
In the year-to-date period, CBOE achieves a 9.64% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, CBOE has outperformed SPY with an annualized return of 15.71%, while SPY has yielded a comparatively lower 11.99% annualized return.
CBOE
9.64%
-2.00%
0.96%
18.99%
19.02%
15.71%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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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 1.14%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBOE Cboe Global Markets, Inc. | 1.14% | 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 | 1.30% | 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
The current volatility for Cboe Global Markets, Inc. (CBOE) is 7.86%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that CBOE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.