Correlation
The correlation between CPS and SPYG is 0.38, 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.
CPS vs. SPYG
Compare and contrast key facts about Cooper-Standard Holdings Inc. (CPS) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CPS or SPYG.
Performance
CPS vs. SPYG - Performance Comparison
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Key characteristics
CPS:
0.75
SPYG:
0.86
CPS:
1.87
SPYG:
1.35
CPS:
1.22
SPYG:
1.19
CPS:
0.70
SPYG:
1.01
CPS:
4.45
SPYG:
3.37
CPS:
14.52%
SPYG:
6.63%
CPS:
79.34%
SPYG:
25.15%
CPS:
-97.44%
SPYG:
-67.79%
CPS:
-85.49%
SPYG:
-1.36%
Returns By Period
In the year-to-date period, CPS achieves a 54.94% return, which is significantly higher than SPYG's 3.67% return. Over the past 10 years, CPS has underperformed SPYG with an annualized return of -10.35%, while SPYG has yielded a comparatively higher 15.17% annualized return.
CPS
54.94%
-3.98%
45.80%
59.17%
52.79%
7.30%
-10.35%
SPYG
3.67%
7.73%
3.22%
21.43%
18.16%
16.76%
15.17%
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Risk-Adjusted Performance
CPS vs. SPYG — Risk-Adjusted Performance Rank
CPS
SPYG
CPS vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cooper-Standard Holdings Inc. (CPS) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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
CPS vs. SPYG - Dividend Comparison
CPS has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.60%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
CPS Cooper-Standard Holdings 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% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.60% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% |
Drawdowns
CPS vs. SPYG - Drawdown Comparison
The maximum CPS drawdown since its inception was -97.44%, which is greater than SPYG's maximum drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for CPS and SPYG.
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Volatility
CPS vs. SPYG - Volatility Comparison
Cooper-Standard Holdings Inc. (CPS) has a higher volatility of 19.54% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 5.35%. This indicates that CPS's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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