DESP vs. SPY
Compare and contrast key facts about Despegar.com, Corp. (DESP) 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: DESP or SPY.
Correlation
The correlation between DESP and SPY is 0.41, 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
DESP vs. SPY - Performance Comparison
Key characteristics
DESP:
1.10
SPY:
2.03
DESP:
1.91
SPY:
2.71
DESP:
1.22
SPY:
1.38
DESP:
0.81
SPY:
3.02
DESP:
4.60
SPY:
13.49
DESP:
13.43%
SPY:
1.88%
DESP:
56.06%
SPY:
12.48%
DESP:
-86.48%
SPY:
-55.19%
DESP:
-56.63%
SPY:
-3.54%
Returns By Period
In the year-to-date period, DESP achieves a 55.60% return, which is significantly higher than SPY's 24.51% return.
DESP
55.60%
-15.21%
11.09%
54.14%
1.48%
N/A
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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
DESP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Despegar.com, Corp. (DESP) 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
DESP vs. SPY - Dividend Comparison
DESP has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.87%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DESP Despegar.com, Corp. | 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 | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
DESP vs. SPY - Drawdown Comparison
The maximum DESP drawdown since its inception was -86.48%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for DESP and SPY. For additional features, visit the drawdowns tool.
Volatility
DESP vs. SPY - Volatility Comparison
Despegar.com, Corp. (DESP) has a higher volatility of 14.60% compared to SPDR S&P 500 ETF (SPY) at 3.61%. This indicates that DESP'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.