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CLPT vs. SPY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CLPT vs. SPY

Last updated Jun 5, 2026

CLPT (ClearPoint Neuro, Inc.) 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 5 years, CLPT returned -4.36%/yr vs 13.91%/yr for SPY. At a 0.41 correlation, their price movements are largely independent.

Performance

CLPT vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearPoint Neuro, Inc. (CLPT) 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, CLPT achieves a 4.68% return, which is significantly lower than SPY's 11.33% return.

CLPT

1D
7.67%
1M
29.01%
YTD
4.68%
6M
1.85%
1Y
10.24%
3Y*
27.93%
5Y*
-4.36%
10Y*
—

SPY

1D
0.38%
1M
4.60%
YTD
11.33%
6M
11.25%
1Y
28.50%
3Y*
22.58%
5Y*
13.91%
10Y*
15.48%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CLPT vs. SPY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
CLPT
ClearPoint Neuro, Inc.		4.68%-11.05%126.51%-19.83%-24.51%-29.39%183.24%
SPY
State Street SPDR S&P 500 ETF		11.33%17.72%24.89%26.18%-18.18%28.73%12.87%

Correlation

The correlation between CLPT and SPY is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.46

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

0.47

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

0.48

Correlation (All Time)
Calculated using the full available price history since Feb 13, 2020

0.41

Compare stocks, funds, or ETFs

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ClearPoint Neuro, Inc.

State Street SPDR S&P 500 ETF

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Return for Risk

CLPT vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CLPT
CLPT Risk / Return Rank: 4848
Overall Rank
CLPT Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
CLPT Sortino Ratio Rank: 5454
Sortino Ratio Rank
CLPT Omega Ratio Rank: 5252
Omega Ratio Rank
CLPT Calmar Ratio Rank: 4545
Calmar Ratio Rank
CLPT Martin Ratio Rank: 4444
Martin Ratio Rank
SPY
SPY Risk / Return Rank: 7474
Overall Rank
SPY Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
SPY Sortino Ratio Rank: 7474
Sortino Ratio Rank
SPY Omega Ratio Rank: 7575
Omega Ratio Rank
SPY Calmar Ratio Rank: 6666
Calmar Ratio Rank
SPY Martin Ratio Rank: 7878
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.

CLPT vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearPoint Neuro, Inc. (CLPT) 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.

CLPTSPYDifference
Sharpe ratioReturn per unit of total volatility
0.10
2.42

-2.32

Sortino ratioReturn per unit of downside risk
0.98
3.29

-2.31

Omega ratioGain probability vs. loss probability

1.12

1.44

-0.32

Calmar ratioReturn relative to maximum drawdown

0.15

3.22

-3.08

Martin ratioReturn relative to average drawdown

0.23

14.99

-14.76

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

CLPT vs. SPY - Sharpe Ratio Comparison

The current CLPT Sharpe Ratio is 0.10, which is lower than the SPY Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of CLPT 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

CLPTSPYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.10

2.42

-2.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.06

0.82

-0.88

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.87

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.20

0.59

-0.39

Drawdowns

CLPT vs. SPY - Drawdown Comparison

The maximum CLPT drawdown since its inception was -84.62%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CLPT and SPY.

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Drawdown Indicators

CLPTSPYDifference

Max Drawdown

Largest peak-to-trough decline

-84.62%

-55.19%

-29.43%

Max Drawdown (1Y)

Largest decline over 1 year

-70.74%

-8.88%

-61.86%

Max Drawdown (3Y)

Largest decline over 3 years

-70.74%

-18.76%

-51.98%

Max Drawdown (5Y)

Largest decline over 5 years

-79.96%

-24.50%

-55.46%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.72%

—

Current Drawdown

Current decline from peak

-51.62%

-0.33%

-51.29%

Average Drawdown

Average peak-to-trough decline

-53.55%

-9.05%

-44.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

45.38%

1.91%

+43.47%

Volatility

CLPT vs. SPY - Volatility Comparison

ClearPoint Neuro, Inc. (CLPT) has a higher volatility of 21.48% compared to State Street SPDR S&P 500 ETF (SPY) at 2.79%. This indicates that CLPT'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

CLPTSPYDifference

Volatility (1M)

Calculated over the trailing 1-month period

21.48%

2.79%

+18.69%

Volatility (6M)

Calculated over the trailing 6-month period

61.50%

8.91%

+52.59%

Volatility (1Y)

Calculated over the trailing 1-year period

100.86%

11.82%

+89.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

77.86%

17.05%

+60.81%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

80.21%

17.93%

+62.28%

Dividends

CLPT vs. SPY - Dividend Comparison

CLPT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.98%.

PositionTTM20252024202320222021202020192018201720162015
CLPT
ClearPoint Neuro, 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
State Street SPDR S&P 500 ETF		0.98%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

CLPT and SPY have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CLPT has higher volatility (21.48%) compared to SPY (2.79%). In terms of maximum drawdown, CLPT dropped -84.62% vs SPY's -55.19%.

SPY currently has the higher Sharpe Ratio (2.42 vs 0.10), 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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