CHPT vs. SPY
Compare and contrast key facts about ChargePoint Holdings, Inc. (CHPT) 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: CHPT or SPY.
Correlation
The correlation between CHPT 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
CHPT vs. SPY - Performance Comparison
Key characteristics
CHPT:
-0.61
SPY:
0.54
CHPT:
-0.61
SPY:
0.89
CHPT:
0.93
SPY:
1.13
CHPT:
-0.52
SPY:
0.58
CHPT:
-1.10
SPY:
2.39
CHPT:
46.95%
SPY:
4.51%
CHPT:
85.10%
SPY:
20.07%
CHPT:
-98.83%
SPY:
-55.19%
CHPT:
-98.57%
SPY:
-10.54%
Returns By Period
In the year-to-date period, CHPT achieves a -38.48% return, which is significantly lower than SPY's -6.44% return.
CHPT
-38.48%
-4.15%
-49.36%
-48.97%
-41.81%
N/A
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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Risk-Adjusted Performance
CHPT vs. SPY — Risk-Adjusted Performance Rank
CHPT
SPY
CHPT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ChargePoint Holdings, Inc. (CHPT) 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
CHPT vs. SPY - Dividend Comparison
CHPT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.31%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHPT ChargePoint Holdings, 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 | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CHPT vs. SPY - Drawdown Comparison
The maximum CHPT drawdown since its inception was -98.83%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CHPT and SPY. For additional features, visit the drawdowns tool.
Volatility
CHPT vs. SPY - Volatility Comparison
ChargePoint Holdings, Inc. (CHPT) has a higher volatility of 21.79% compared to SPDR S&P 500 ETF (SPY) at 15.13%. This indicates that CHPT'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.