DELKY vs. SPY

Last updated Jun 4, 2026

DELKY (Delek Group Ltd) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, DELKY returned 63.37%/yr vs 13.83%/yr for SPY. At a 0.07 correlation, their price movements are largely independent.

Performance

DELKY vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Delek Group Ltd (DELKY) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DELKY achieves a 49.06% return, which is significantly higher than SPY's 10.91% return.

DELKY

• 1D: 1.31%
• 1M: 15.96%
• YTD: 49.06%
• 6M: 49.23%
• 1Y: 125.65%
• 3Y*: 65.07%
• 5Y*: 63.37%
• 10Y*: —

SPY

• 1D: -0.70%
• 1M: 5.05%
• YTD: 10.91%
• 6M: 10.91%
• 1Y: 27.98%
• 3Y*: 22.35%
• 5Y*: 13.83%
• 10Y*: 15.49%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DELKY vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DELKY Delek Group Ltd	49.06%	121.25%	15.07%	43.97%	33.76%	154.77%
SPY State Street SPDR S&P 500 ETF	10.91%	17.72%	24.89%	26.18%	-18.18%	23.38%

Correlation

The correlation between DELKY and SPY is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (All Time) Calculated using the full available price history since Feb 11, 2021	0.07

Return for Risk

DELKY vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DELKY

DELKY Risk / Return Rank: 89
DELKY Sharpe Ratio Rank: 87
DELKY Sortino Ratio Rank: 85
DELKY Omega Ratio Rank: 91
DELKY Calmar Ratio Rank: 89
DELKY Martin Ratio Rank: 91

SPY

SPY Risk / Return Rank: 70
SPY Sharpe Ratio Rank: 71
SPY Sortino Ratio Rank: 69
SPY Omega Ratio Rank: 70
SPY Calmar Ratio Rank: 62
SPY Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DELKY vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Delek Group Ltd (DELKY) and State Street 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.

	DELKY	SPY	Difference
Sharpe ratio: Return per unit of total volatility	1.95	2.38	-0.43
Sortino ratio: Return per unit of downside risk	2.69	3.24	-0.55
Omega ratio: Gain probability vs. loss probability	1.46	1.43	+0.03
Calmar ratio: Return relative to maximum drawdown	4.27	3.16	+1.11
Martin ratio: Return relative to average drawdown	12.96	14.72	-1.76
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DELKY vs. SPY - Sharpe Ratio Comparison

The current DELKY Sharpe Ratio is 1.95, which is comparable to the SPY Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of DELKY and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DELKY	SPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	2.38	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.12	0.82	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	0.59	+0.56

Drawdowns

DELKY vs. SPY - Drawdown Comparison

The maximum DELKY drawdown since its inception was -52.02%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DELKY and SPY.

Drawdown Indicators

	DELKY	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-52.02%	-55.19%	+3.17%
Max Drawdown (1Y) Largest decline over 1 year	-29.59%	-8.88%	-20.71%
Max Drawdown (3Y) Largest decline over 3 years	-33.07%	-18.76%	-14.31%
Max Drawdown (5Y) Largest decline over 5 years	-52.02%	-24.50%	-27.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-17.11%	-0.70%	-16.41%
Average Drawdown Average peak-to-trough decline	-15.97%	-9.05%	-6.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.73%	1.91%	+7.82%

Volatility

DELKY vs. SPY - Volatility Comparison

Delek Group Ltd (DELKY) has a higher volatility of 23.26% compared to State Street SPDR S&P 500 ETF (SPY) at 2.84%. This indicates that DELKY'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.

Volatility by Period

	DELKY	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.26%	2.84%	+20.42%
Volatility (6M) Calculated over the trailing 6-month period	57.27%	8.90%	+48.37%
Volatility (1Y) Calculated over the trailing 1-year period	64.78%	11.83%	+52.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.07%	17.05%	+40.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.33%	17.94%	+46.39%

Dividends

DELKY vs. SPY - Dividend Comparison

DELKY's dividend yield for the trailing twelve months is around 4.68%, more than SPY's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DELKY Delek Group Ltd	4.68%	6.24%	12.56%	17.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY State Street SPDR S&P 500 ETF	0.98%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both DELKY and SPY in my portfolio?

DELKY and SPY have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DELKY or SPY?

DELKY has higher volatility (23.26%) compared to SPY (2.84%). In terms of maximum drawdown, DELKY dropped -52.02% vs SPY's -55.19%.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (2.38 vs 1.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.