CHDN vs. SPY
Compare and contrast key facts about Churchill Downs Incorporated (CHDN) 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: CHDN or SPY.
Correlation
The correlation between CHDN and SPY is 0.40, 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
CHDN vs. SPY - Performance Comparison
Key characteristics
CHDN:
-0.73
SPY:
0.30
CHDN:
-1.00
SPY:
0.56
CHDN:
0.89
SPY:
1.08
CHDN:
-0.53
SPY:
0.31
CHDN:
-1.47
SPY:
1.40
CHDN:
12.27%
SPY:
4.18%
CHDN:
24.86%
SPY:
19.64%
CHDN:
-62.86%
SPY:
-55.19%
CHDN:
-31.59%
SPY:
-13.86%
Returns By Period
In the year-to-date period, CHDN achieves a -24.10% return, which is significantly lower than SPY's -9.91% return. Over the past 10 years, CHDN has outperformed SPY with an annualized return of 18.70%, while SPY has yielded a comparatively lower 11.59% annualized return.
CHDN
-24.10%
-10.28%
-26.34%
-14.79%
16.18%
18.70%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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Risk-Adjusted Performance
CHDN vs. SPY — Risk-Adjusted Performance Rank
CHDN
SPY
CHDN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Churchill Downs Incorporated (CHDN) 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
CHDN vs. SPY - Dividend Comparison
CHDN's dividend yield for the trailing twelve months is around 0.40%, less than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHDN Churchill Downs Incorporated | 0.40% | 0.31% | 0.28% | 0.34% | 0.28% | 0.32% | 0.42% | 0.67% | 0.65% | 0.88% | 0.81% | 1.05% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CHDN vs. SPY - Drawdown Comparison
The maximum CHDN drawdown since its inception was -62.86%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CHDN and SPY. For additional features, visit the drawdowns tool.
Volatility
CHDN vs. SPY - Volatility Comparison
The current volatility for Churchill Downs Incorporated (CHDN) is 11.71%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. This indicates that CHDN 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.