DANOY vs. SPY
Compare and contrast key facts about Danone PK (DANOY) 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: DANOY or SPY.
Correlation
The correlation between DANOY and SPY is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DANOY vs. SPY - Performance Comparison
Key characteristics
DANOY:
0.53
SPY:
1.81
DANOY:
0.85
SPY:
2.43
DANOY:
1.10
SPY:
1.33
DANOY:
0.37
SPY:
2.74
DANOY:
1.76
SPY:
11.36
DANOY:
4.69%
SPY:
2.03%
DANOY:
15.68%
SPY:
12.74%
DANOY:
-52.71%
SPY:
-55.19%
DANOY:
-8.75%
SPY:
-0.73%
Returns By Period
The year-to-date returns for both investments are quite close, with DANOY having a 3.21% return and SPY slightly higher at 3.28%. Over the past 10 years, DANOY has underperformed SPY with an annualized return of 3.51%, while SPY has yielded a comparatively higher 13.17% annualized return.
DANOY
3.21%
4.86%
4.62%
9.00%
1.15%
3.51%
SPY
3.28%
4.28%
12.39%
22.37%
14.20%
13.17%
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Risk-Adjusted Performance
DANOY vs. SPY — Risk-Adjusted Performance Rank
DANOY
SPY
DANOY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Danone PK (DANOY) 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
DANOY vs. SPY - Dividend Comparison
DANOY's dividend yield for the trailing twelve months is around 3.29%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DANOY Danone PK | 3.29% | 3.40% | 3.36% | 3.98% | 3.77% | 3.61% | 2.62% | 3.32% | 2.17% | 2.89% | 2.39% | 3.08% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
DANOY vs. SPY - Drawdown Comparison
The maximum DANOY drawdown since its inception was -52.71%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DANOY and SPY. For additional features, visit the drawdowns tool.
Volatility
DANOY vs. SPY - Volatility Comparison
Danone PK (DANOY) has a higher volatility of 5.15% compared to SPDR S&P 500 ETF (SPY) at 3.41%. This indicates that DANOY'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.