CQP vs. SPY
Compare and contrast key facts about Cheniere Energy Partners, L.P. (CQP) 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: CQP or SPY.
Correlation
The correlation between CQP and SPY is 0.30, 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
CQP vs. SPY - Performance Comparison
Key characteristics
CQP:
0.24
SPY:
2.21
CQP:
0.50
SPY:
2.93
CQP:
1.06
SPY:
1.41
CQP:
0.24
SPY:
3.26
CQP:
0.75
SPY:
14.40
CQP:
7.54%
SPY:
1.90%
CQP:
23.71%
SPY:
12.44%
CQP:
-78.46%
SPY:
-55.19%
CQP:
-9.53%
SPY:
-1.83%
Returns By Period
In the year-to-date period, CQP achieves a 14.63% return, which is significantly lower than SPY's 26.72% return. Both investments have delivered pretty close results over the past 10 years, with CQP having a 13.02% annualized return and SPY not far ahead at 13.04%.
CQP
14.63%
-2.53%
13.36%
9.65%
13.43%
13.02%
SPY
26.72%
0.20%
10.28%
27.17%
14.87%
13.04%
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
CQP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cheniere Energy Partners, L.P. (CQP) 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
CQP vs. SPY - Dividend Comparison
CQP's dividend yield for the trailing twelve months is around 6.51%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CQP Cheniere Energy Partners, L.P. | 6.51% | 8.36% | 6.82% | 6.30% | 7.28% | 6.08% | 6.07% | 5.79% | 5.90% | 6.52% | 5.31% | 5.93% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CQP vs. SPY - Drawdown Comparison
The maximum CQP drawdown since its inception was -78.46%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CQP and SPY. For additional features, visit the drawdowns tool.
Volatility
CQP vs. SPY - Volatility Comparison
Cheniere Energy Partners, L.P. (CQP) has a higher volatility of 9.64% compared to SPDR S&P 500 ETF (SPY) at 3.83%. This indicates that CQP'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.