CLH vs. SPY
Compare and contrast key facts about Clean Harbors, Inc. (CLH) 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: CLH or SPY.
Correlation
The correlation between CLH 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
CLH vs. SPY - Performance Comparison
Key characteristics
CLH:
-0.07
SPY:
0.37
CLH:
0.11
SPY:
0.68
CLH:
1.01
SPY:
1.10
CLH:
-0.07
SPY:
0.38
CLH:
-0.21
SPY:
1.90
CLH:
10.62%
SPY:
3.74%
CLH:
30.08%
SPY:
19.03%
CLH:
-95.54%
SPY:
-55.19%
CLH:
-24.89%
SPY:
-10.22%
Returns By Period
In the year-to-date period, CLH achieves a -14.03% return, which is significantly lower than SPY's -6.11% return. Over the past 10 years, CLH has outperformed SPY with an annualized return of 13.44%, while SPY has yielded a comparatively lower 12.02% annualized return.
CLH
-14.03%
5.16%
-22.18%
-2.76%
28.55%
13.44%
SPY
-6.11%
-1.84%
-4.33%
6.99%
16.28%
12.02%
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Risk-Adjusted Performance
CLH vs. SPY — Risk-Adjusted Performance Rank
CLH
SPY
CLH vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clean Harbors, Inc. (CLH) 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
CLH vs. SPY - Dividend Comparison
CLH has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.31%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
CLH Clean Harbors, 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 | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CLH vs. SPY - Drawdown Comparison
The maximum CLH 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 CLH and SPY. For additional features, visit the drawdowns tool.
Volatility
CLH vs. SPY - Volatility Comparison
The current volatility for Clean Harbors, Inc. (CLH) is 12.28%, while SPDR S&P 500 ETF (SPY) has a volatility of 13.87%. This indicates that CLH experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.