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:
0.72
SPY:
-0.09
CQP:
1.14
SPY:
-0.02
CQP:
1.14
SPY:
1.00
CQP:
0.92
SPY:
-0.09
CQP:
3.69
SPY:
-0.45
CQP:
5.91%
SPY:
3.31%
CQP:
30.48%
SPY:
15.87%
CQP:
-78.46%
SPY:
-55.19%
CQP:
-15.52%
SPY:
-17.32%
Returns By Period
In the year-to-date period, CQP achieves a 9.65% return, which is significantly higher than SPY's -13.53% return. Over the past 10 years, CQP has outperformed SPY with an annualized return of 13.64%, while SPY has yielded a comparatively lower 11.25% annualized return.
CQP
9.65%
-9.39%
19.04%
24.06%
24.45%
13.64%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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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 5.65%, more than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CQP Cheniere Energy Partners, L.P. | 5.65% | 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 | 1.42% | 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 15.10% compared to SPDR S&P 500 ETF (SPY) at 9.29%. 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.