EBTC vs. SPY
Compare and contrast key facts about Enterprise Bancorp, Inc. (EBTC) 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: EBTC or SPY.
Correlation
The correlation between EBTC 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
EBTC vs. SPY - Performance Comparison
Key characteristics
EBTC:
1.66
SPY:
1.91
EBTC:
2.69
SPY:
2.57
EBTC:
1.33
SPY:
1.35
EBTC:
1.36
SPY:
2.88
EBTC:
6.86
SPY:
11.96
EBTC:
9.32%
SPY:
2.03%
EBTC:
38.08%
SPY:
12.68%
EBTC:
-54.69%
SPY:
-55.19%
EBTC:
-1.24%
SPY:
0.00%
Returns By Period
In the year-to-date period, EBTC achieves a 10.83% return, which is significantly higher than SPY's 4.34% return. Over the past 10 years, EBTC has underperformed SPY with an annualized return of 10.03%, while SPY has yielded a comparatively higher 13.21% annualized return.
EBTC
10.83%
5.72%
54.06%
62.99%
10.63%
10.03%
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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
EBTC vs. SPY — Risk-Adjusted Performance Rank
EBTC
SPY
EBTC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enterprise Bancorp, Inc. (EBTC) 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
EBTC vs. SPY - Dividend Comparison
EBTC's dividend yield for the trailing twelve months is around 2.23%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EBTC Enterprise Bancorp, Inc. | 2.23% | 2.43% | 2.85% | 2.32% | 1.65% | 2.74% | 1.89% | 1.80% | 1.59% | 1.38% | 2.19% | 1.90% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
EBTC vs. SPY - Drawdown Comparison
The maximum EBTC drawdown since its inception was -54.69%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EBTC and SPY. For additional features, visit the drawdowns tool.
Volatility
EBTC vs. SPY - Volatility Comparison
Enterprise Bancorp, Inc. (EBTC) has a higher volatility of 7.32% compared to SPDR S&P 500 ETF (SPY) at 3.13%. This indicates that EBTC'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.