CNXC vs. SPY
Compare and contrast key facts about Concentrix Corporation (CNXC) 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: CNXC or SPY.
Correlation
The correlation between CNXC and SPY is 0.49, 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
CNXC vs. SPY - Performance Comparison
Key characteristics
CNXC:
-1.21
SPY:
2.21
CNXC:
-1.88
SPY:
2.93
CNXC:
0.75
SPY:
1.41
CNXC:
-0.70
SPY:
3.26
CNXC:
-1.40
SPY:
14.43
CNXC:
40.71%
SPY:
1.90%
CNXC:
47.28%
SPY:
12.41%
CNXC:
-81.19%
SPY:
-55.19%
CNXC:
-79.56%
SPY:
-2.74%
Returns By Period
In the year-to-date period, CNXC achieves a -57.93% return, which is significantly lower than SPY's 25.54% return.
CNXC
-57.93%
1.81%
-32.47%
-58.02%
N/A
N/A
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CNXC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Concentrix Corporation (CNXC) 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
CNXC vs. SPY - Dividend Comparison
CNXC's dividend yield for the trailing twelve months is around 3.07%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNXC Concentrix Corporation | 3.07% | 1.15% | 0.77% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CNXC vs. SPY - Drawdown Comparison
The maximum CNXC drawdown since its inception was -81.19%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CNXC and SPY. For additional features, visit the drawdowns tool.
Volatility
CNXC vs. SPY - Volatility Comparison
Concentrix Corporation (CNXC) has a higher volatility of 15.75% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that CNXC'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.