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CIB vs. SPY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CIB vs. SPY

Last updated Jun 6, 2026

CIB (Bancolombia S.A.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, CIB returned 14.56%/yr vs 15.16%/yr for SPY. At a 0.32 correlation, their price movements are largely independent.

Performance

CIB vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bancolombia S.A. (CIB) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CIB achieves a 13.42% return, which is significantly higher than SPY's 8.45% return. Both investments have delivered pretty close results over the past 10 years, with CIB having a 14.56% annualized return and SPY not far ahead at 15.16%.

CIB

1D
-2.00%
1M
6.04%
YTD
13.42%
6M
15.60%
1Y
65.58%
3Y*
50.56%
5Y*
29.12%
10Y*
14.56%

SPY

1D
-2.58%
1M
0.51%
YTD
8.45%
6M
8.18%
1Y
25.79%
3Y*
21.43%
5Y*
13.32%
10Y*
15.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CIB vs. SPY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CIB
Bancolombia S.A.		13.42%124.16%13.78%22.08%-0.31%-20.69%-22.31%47.45%-0.72%11.41%
SPY
State Street SPDR S&P 500 ETF		8.45%17.72%24.89%26.18%-18.18%28.73%18.33%31.22%-4.57%21.71%

Correlation

The correlation between CIB and SPY is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.29

Correlation (3Y)
Calculated over the trailing 3-year period

0.33

Correlation (5Y)
Calculated over the trailing 5-year period

0.34

Correlation (10Y)
Calculated over the trailing 10-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Jul 27, 1995

0.32

Compare stocks, funds, or ETFs

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Bancolombia S.A.

State Street SPDR S&P 500 ETF

Often compared with CIB:
CIB vs. ECCIB vs. RFCIB vs. ARCCCIB vs. TRMDCIB vs. VOOCIB vs. QQQICIB vs. BCAT
Often compared with SPY:
SPY vs. QQQSPY vs. VOOSPY vs. BRK-BSPY vs. RSPSPY vs. VTISPY vs. SCHDSPY vs. GLD

Return for Risk

CIB vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CIB
CIB Risk / Return Rank: 8484
Overall Rank
CIB Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
CIB Sortino Ratio Rank: 8686
Sortino Ratio Rank
CIB Omega Ratio Rank: 8585
Omega Ratio Rank
CIB Calmar Ratio Rank: 8181
Calmar Ratio Rank
CIB Martin Ratio Rank: 8181
Martin Ratio Rank
SPY
SPY Risk / Return Rank: 6666
Overall Rank
SPY Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
SPY Sortino Ratio Rank: 6363
Sortino Ratio Rank
SPY Omega Ratio Rank: 6666
Omega Ratio Rank
SPY Calmar Ratio Rank: 6060
Calmar Ratio Rank
SPY Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CIB vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bancolombia S.A. (CIB) and State Street 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.

CIBSPYDifference
Sharpe ratioReturn per unit of total volatility
2.07
2.14

-0.07

Sortino ratioReturn per unit of downside risk
2.82
2.88

-0.06

Omega ratioGain probability vs. loss probability

1.35

1.39

-0.03

Calmar ratioReturn relative to maximum drawdown

2.75

2.92

-0.16

Martin ratioReturn relative to average drawdown

6.86

13.50

-6.64

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CIB vs. SPY - Sharpe Ratio Comparison

The current CIB Sharpe Ratio is 2.07, which is comparable to the SPY Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of CIB and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

CIBSPYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.07

2.14

-0.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.89

0.78

+0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.41

0.85

-0.44

Sharpe Ratio (All Time)

Calculated using the full available price history

0.25

0.58

-0.33

Drawdowns

CIB vs. SPY - Drawdown Comparison

The maximum CIB drawdown since its inception was -93.77%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CIB and SPY.

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Drawdown Indicators

CIBSPYDifference

Max Drawdown

Largest peak-to-trough decline

-93.77%

-55.19%

-38.58%

Max Drawdown (1Y)

Largest decline over 1 year

-23.95%

-8.88%

-15.07%

Max Drawdown (3Y)

Largest decline over 3 years

-23.95%

-18.76%

-5.19%

Max Drawdown (5Y)

Largest decline over 5 years

-46.85%

-24.50%

-22.35%

Max Drawdown (10Y)

Largest decline over 10 years

-70.38%

-33.72%

-36.66%

Current Drawdown

Current decline from peak

-14.65%

-2.90%

-11.75%

Average Drawdown

Average peak-to-trough decline

-32.62%

-9.05%

-23.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.60%

1.91%

+7.69%

Volatility

CIB vs. SPY - Volatility Comparison

Bancolombia S.A. (CIB) has a higher volatility of 12.90% compared to State Street SPDR S&P 500 ETF (SPY) at 3.73%. This indicates that CIB'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.

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Volatility by Period

CIBSPYDifference

Volatility (1M)

Calculated over the trailing 1-month period

12.90%

3.73%

+9.17%

Volatility (6M)

Calculated over the trailing 6-month period

26.40%

9.31%

+17.09%

Volatility (1Y)

Calculated over the trailing 1-year period

31.80%

12.12%

+19.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.68%

17.09%

+15.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

35.75%

17.95%

+17.80%

Dividends

CIB vs. SPY - Dividend Comparison

CIB's dividend yield for the trailing twelve months is around 1.72%, more than SPY's 1.00% yield.

PositionTTM20252024202320222021202020192018201720162015
CIB
Bancolombia S.A.		1.72%6.90%10.96%10.92%10.68%0.87%4.01%2.41%3.62%3.21%3.21%4.49%
SPY
State Street SPDR S&P 500 ETF		1.00%1.07%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%

Frequently Asked Questions

CIB and SPY have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CIB has higher volatility (12.90%) compared to SPY (3.73%). In terms of maximum drawdown, CIB dropped -93.77% vs SPY's -55.19%.

SPY currently has the higher Sharpe Ratio (2.14 vs 2.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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