CRVL vs. SPY
Compare and contrast key facts about CorVel Corporation (CRVL) 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: CRVL or SPY.
Correlation
The correlation between CRVL and SPY is 0.33, 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
CRVL vs. SPY - Performance Comparison
Key characteristics
CRVL:
1.33
SPY:
2.20
CRVL:
2.01
SPY:
2.91
CRVL:
1.24
SPY:
1.41
CRVL:
2.50
SPY:
3.35
CRVL:
6.16
SPY:
13.99
CRVL:
6.88%
SPY:
2.01%
CRVL:
31.86%
SPY:
12.79%
CRVL:
-67.12%
SPY:
-55.19%
CRVL:
-11.89%
SPY:
-1.35%
Returns By Period
In the year-to-date period, CRVL achieves a -2.17% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, CRVL has outperformed SPY with an annualized return of 25.08%, while SPY has yielded a comparatively lower 13.44% annualized return.
CRVL
-2.17%
-5.54%
14.21%
39.71%
28.14%
25.08%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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Risk-Adjusted Performance
CRVL vs. SPY — Risk-Adjusted Performance Rank
CRVL
SPY
CRVL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CorVel Corporation (CRVL) 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
CRVL vs. SPY - Dividend Comparison
CRVL has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CRVL CorVel Corporation | 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 | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
CRVL vs. SPY - Drawdown Comparison
The maximum CRVL drawdown since its inception was -67.12%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CRVL and SPY. For additional features, visit the drawdowns tool.
Volatility
CRVL vs. SPY - Volatility Comparison
CorVel Corporation (CRVL) has a higher volatility of 9.56% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that CRVL'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.