CHRD vs. SPY
Compare and contrast key facts about Chord Energy Corp (CHRD) 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: CHRD or SPY.
Correlation
The correlation between CHRD and SPY is 0.32, 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
CHRD vs. SPY - Performance Comparison
Key characteristics
CHRD:
-1.13
SPY:
2.03
CHRD:
-1.50
SPY:
2.71
CHRD:
0.82
SPY:
1.38
CHRD:
-0.75
SPY:
3.02
CHRD:
-1.63
SPY:
13.49
CHRD:
17.52%
SPY:
1.88%
CHRD:
25.16%
SPY:
12.48%
CHRD:
-38.12%
SPY:
-55.19%
CHRD:
-38.12%
SPY:
-3.54%
Returns By Period
In the year-to-date period, CHRD achieves a -28.43% return, which is significantly lower than SPY's 24.51% return.
CHRD
-28.43%
-13.44%
-31.19%
-28.82%
N/A
N/A
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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Risk-Adjusted Performance
CHRD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Chord Energy Corp (CHRD) 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
CHRD vs. SPY - Dividend Comparison
CHRD's dividend yield for the trailing twelve months is around 9.10%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHRD Chord Energy Corp | 9.10% | 9.28% | 19.76% | 4.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CHRD vs. SPY - Drawdown Comparison
The maximum CHRD drawdown since its inception was -38.12%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CHRD and SPY. For additional features, visit the drawdowns tool.
Volatility
CHRD vs. SPY - Volatility Comparison
Chord Energy Corp (CHRD) has a higher volatility of 8.65% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that CHRD'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.