CION vs. SPY
Compare and contrast key facts about CION Investment Corporation (CION) 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: CION or SPY.
Correlation
The correlation between CION and SPY is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CION vs. SPY - Performance Comparison
Key characteristics
CION:
1.74
SPY:
1.88
CION:
2.42
SPY:
2.53
CION:
1.30
SPY:
1.35
CION:
3.52
SPY:
2.83
CION:
10.57
SPY:
11.74
CION:
2.59%
SPY:
2.02%
CION:
15.79%
SPY:
12.64%
CION:
-45.34%
SPY:
-55.19%
CION:
-0.08%
SPY:
-0.42%
Returns By Period
In the year-to-date period, CION achieves a 9.12% return, which is significantly higher than SPY's 4.15% return.
CION
9.12%
7.89%
8.96%
28.04%
N/A
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
CION vs. SPY — Risk-Adjusted Performance Rank
CION
SPY
CION vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CION Investment Corporation (CION) 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
CION vs. SPY - Dividend Comparison
CION's dividend yield for the trailing twelve months is around 12.22%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CION CION Investment Corporation | 12.22% | 13.33% | 14.24% | 14.87% | 3.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CION vs. SPY - Drawdown Comparison
The maximum CION drawdown since its inception was -45.34%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CION and SPY. For additional features, visit the drawdowns tool.
Volatility
CION vs. SPY - Volatility Comparison
CION Investment Corporation (CION) has a higher volatility of 3.92% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that CION'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.