Correlation
The correlation between CIB and SPY is 0.33, 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.
CIB vs. SPY
Compare and contrast key facts about Bancolombia S.A. (CIB) 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: CIB or SPY.
Performance
CIB vs. SPY - Performance Comparison
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Key characteristics
CIB:
1.74
SPY:
0.70
CIB:
2.40
SPY:
1.02
CIB:
1.30
SPY:
1.15
CIB:
2.16
SPY:
0.68
CIB:
10.10
SPY:
2.57
CIB:
5.24%
SPY:
4.93%
CIB:
31.38%
SPY:
20.42%
CIB:
-93.44%
SPY:
-55.19%
CIB:
-2.43%
SPY:
-3.55%
Returns By Period
In the year-to-date period, CIB achieves a 60.94% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, CIB has underperformed SPY with an annualized return of 7.82%, while SPY has yielded a comparatively higher 12.73% annualized return.
CIB
60.94%
2.30%
59.06%
54.69%
15.40%
23.17%
7.82%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
CIB vs. SPY — Risk-Adjusted Performance Rank
CIB
SPY
CIB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bancolombia S.A. (CIB) 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.
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Dividends
CIB vs. SPY - Dividend Comparison
CIB's dividend yield for the trailing twelve months is around 16.73%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIB Bancolombia S.A. | 16.73% | 10.95% | 10.92% | 10.68% | 0.80% | 3.38% | 2.41% | 3.63% | 3.21% | 3.21% | 4.82% | 3.21% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CIB vs. SPY - Drawdown Comparison
The maximum CIB drawdown since its inception was -93.44%, 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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Volatility
CIB vs. SPY - Volatility Comparison
Bancolombia S.A. (CIB) has a higher volatility of 7.54% compared to SPDR S&P 500 ETF (SPY) at 4.86%. 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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