CS.PA vs. SPY
Compare and contrast key facts about AXA SA (CS.PA) 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: CS.PA or SPY.
Key characteristics
| CS.PA | SPY | |
|---|---|---|
| YTD Return | 21.08% | 26.01% |
| 1Y Return | 28.12% | 33.73% |
| 3Y Return (Ann) | 15.76% | 9.91% |
| 5Y Return (Ann) | 11.90% | 15.54% |
| 10Y Return (Ann) | 11.78% | 13.25% |
| Sharpe Ratio | 1.57 | 2.82 |
| Sortino Ratio | 2.03 | 3.76 |
| Omega Ratio | 1.28 | 1.53 |
| Calmar Ratio | 1.97 | 4.05 |
| Martin Ratio | 6.99 | 18.33 |
| Ulcer Index | 3.72% | 1.86% |
| Daily Std Dev | 16.50% | 12.07% |
| Max Drawdown | -82.46% | -55.19% |
| Current Drawdown | -7.20% | -0.90% |
Correlation
The correlation between CS.PA and SPY is 0.36, 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
CS.PA vs. SPY - Performance Comparison
In the year-to-date period, CS.PA achieves a 21.08% return, which is significantly lower than SPY's 26.01% return. Over the past 10 years, CS.PA has underperformed SPY with an annualized return of 11.78%, while SPY has yielded a comparatively higher 13.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CS.PA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AXA SA (CS.PA) 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
CS.PA vs. SPY - Dividend Comparison
CS.PA's dividend yield for the trailing twelve months is around 5.89%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CS.PA AXA SA | 5.89% | 5.76% | 5.91% | 5.46% | 3.74% | 5.34% | 6.68% | 4.69% | 4.59% | 3.77% | 4.22% | 3.56% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
CS.PA vs. SPY - Drawdown Comparison
The maximum CS.PA drawdown since its inception was -82.46%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CS.PA and SPY. For additional features, visit the drawdowns tool.
Volatility
CS.PA vs. SPY - Volatility Comparison
AXA SA (CS.PA) has a higher volatility of 5.29% compared to SPDR S&P 500 ETF (SPY) at 3.84%. This indicates that CS.PA'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.