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:
0.93
SPY:
0.54
CQP:
1.38
SPY:
0.89
CQP:
1.18
SPY:
1.13
CQP:
1.40
SPY:
0.58
CQP:
4.44
SPY:
2.39
CQP:
6.63%
SPY:
4.51%
CQP:
31.81%
SPY:
20.07%
CQP:
-78.46%
SPY:
-55.19%
CQP:
-12.98%
SPY:
-10.54%
Returns By Period
In the year-to-date period, CQP achieves a 12.95% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, CQP has outperformed SPY with an annualized return of 13.67%, while SPY has yielded a comparatively lower 11.95% annualized return.
CQP
12.95%
-5.58%
25.83%
30.82%
21.30%
13.67%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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Risk-Adjusted Performance
CQP vs. SPY — Risk-Adjusted Performance Rank
CQP
SPY
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 5.49%, more than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CQP Cheniere Energy Partners, L.P. | 5.49% | 6.52% | 8.36% | 6.82% | 6.30% | 7.28% | 6.08% | 6.07% | 5.79% | 5.90% | 6.52% | 5.31% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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 17.54% compared to SPDR S&P 500 ETF (SPY) at 15.13%. 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.