CIA vs. SPY
Compare and contrast key facts about Citizens, Inc. (CIA) 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: CIA or SPY.
Key characteristics
| CIA | SPY | |
|---|---|---|
| YTD Return | -18.96% | 7.64% |
| 1Y Return | 16.58% | 24.41% |
| 3Y Return (Ann) | -28.15% | 8.54% |
| 5Y Return (Ann) | -20.23% | 13.66% |
| 10Y Return (Ann) | -10.23% | 12.53% |
| Sharpe Ratio | 0.05 | 2.21 |
| Daily Std Dev | 58.58% | 11.53% |
| Max Drawdown | -95.54% | -55.19% |
| Current Drawdown | -93.72% | -2.51% |
Correlation
The correlation between CIA and SPY is 0.34, 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
CIA vs. SPY - Performance Comparison
In the year-to-date period, CIA achieves a -18.96% return, which is significantly lower than SPY's 7.64% return. Over the past 10 years, CIA has underperformed SPY with an annualized return of -10.23%, while SPY has yielded a comparatively higher 12.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CIA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Citizens, Inc. (CIA) 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
CIA vs. SPY - Dividend Comparison
CIA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.32%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIA Citizens, 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 | 1.32% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CIA vs. SPY - Drawdown Comparison
The maximum CIA drawdown since its inception was -95.54%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CIA and SPY. For additional features, visit the drawdowns tool.
Volatility
CIA vs. SPY - Volatility Comparison
Citizens, Inc. (CIA) has a higher volatility of 11.59% compared to SPDR S&P 500 ETF (SPY) at 3.61%. This indicates that CIA'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.