COOP vs. SPY
Compare and contrast key facts about Mr. Cooper Group Inc. (COOP) 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: COOP or SPY.
Correlation
The correlation between COOP 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
COOP vs. SPY - Performance Comparison
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Key characteristics
COOP:
1.20
SPY:
0.66
COOP:
2.01
SPY:
1.12
COOP:
1.25
SPY:
1.17
COOP:
2.25
SPY:
0.75
COOP:
7.07
SPY:
2.92
COOP:
6.37%
SPY:
4.86%
COOP:
35.19%
SPY:
20.32%
COOP:
-87.08%
SPY:
-55.19%
COOP:
-11.18%
SPY:
-4.60%
Returns By Period
In the year-to-date period, COOP achieves a 24.15% return, which is significantly higher than SPY's -0.23% return. Over the past 10 years, COOP has outperformed SPY with an annualized return of 13.71%, while SPY has yielded a comparatively lower 12.59% annualized return.
COOP
24.15%
8.36%
17.52%
41.96%
70.83%
13.71%
SPY
-0.23%
9.19%
-2.01%
13.36%
17.44%
12.59%
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Risk-Adjusted Performance
COOP vs. SPY — Risk-Adjusted Performance Rank
COOP
SPY
COOP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mr. Cooper Group Inc. (COOP) 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
COOP vs. SPY - Dividend Comparison
COOP has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.23%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
COOP Mr. Cooper Group 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 | 1.23% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
COOP vs. SPY - Drawdown Comparison
The maximum COOP drawdown since its inception was -87.08%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for COOP and SPY. For additional features, visit the drawdowns tool.
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Volatility
COOP vs. SPY - Volatility Comparison
Mr. Cooper Group Inc. (COOP) has a higher volatility of 12.27% compared to SPDR S&P 500 ETF (SPY) at 6.39%. This indicates that COOP'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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