CSPKY vs. SPY
Compare and contrast key facts about COSCO SHIPPING Ports Limited (CSPKY) 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: CSPKY or SPY.
Correlation
The correlation between CSPKY and SPY is 0.01, 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
CSPKY vs. SPY - Performance Comparison
Key characteristics
CSPKY:
0.67
SPY:
1.75
CSPKY:
1.26
SPY:
2.36
CSPKY:
1.42
SPY:
1.32
CSPKY:
0.75
SPY:
2.66
CSPKY:
2.32
SPY:
11.01
CSPKY:
15.57%
SPY:
2.03%
CSPKY:
53.47%
SPY:
12.77%
CSPKY:
-66.71%
SPY:
-55.19%
CSPKY:
-26.54%
SPY:
-2.12%
Returns By Period
In the year-to-date period, CSPKY achieves a 27.58% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, CSPKY has underperformed SPY with an annualized return of -1.68%, while SPY has yielded a comparatively higher 12.96% annualized return.
CSPKY
27.58%
15.45%
16.22%
36.13%
2.10%
-1.68%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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
CSPKY vs. SPY — Risk-Adjusted Performance Rank
CSPKY
SPY
CSPKY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for COSCO SHIPPING Ports Limited (CSPKY) 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
CSPKY vs. SPY - Dividend Comparison
CSPKY's dividend yield for the trailing twelve months is around 5.22%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSPKY COSCO SHIPPING Ports Limited | 5.22% | 6.65% | 6.06% | 5.78% | 5.49% | 6.14% | 4.68% | 9.89% | 1.99% | 15.86% | 2.89% | 2.44% |
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
CSPKY vs. SPY - Drawdown Comparison
The maximum CSPKY drawdown since its inception was -66.71%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CSPKY and SPY. For additional features, visit the drawdowns tool.
Volatility
CSPKY vs. SPY - Volatility Comparison
COSCO SHIPPING Ports Limited (CSPKY) has a higher volatility of 17.94% compared to SPDR S&P 500 ETF (SPY) at 3.32%. This indicates that CSPKY'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.