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:
-0.80
SPY:
0.32
CHPT:
-1.26
SPY:
0.51
CHPT:
0.86
SPY:
1.07
CHPT:
-0.68
SPY:
0.39
CHPT:
-1.53
SPY:
1.52
CHPT:
43.94%
SPY:
3.13%
CHPT:
83.98%
SPY:
14.74%
CHPT:
-98.76%
SPY:
-55.19%
CHPT:
-98.76%
SPY:
-12.17%
Returns By Period
In the year-to-date period, CHPT achieves a -46.72% return, which is significantly lower than SPY's -8.15% return.
CHPT
-46.72%
-13.65%
-58.08%
-68.85%
-43.42%
N/A
SPY
-8.15%
-6.68%
-4.88%
4.64%
18.45%
11.89%
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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 1.34%.
| 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 | 1.34% | 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 -98.76%, 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 18.21% compared to SPDR S&P 500 ETF (SPY) at 7.47%. 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.