EGO vs. SPY
Compare and contrast key facts about Eldorado Gold Corporation (EGO) 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: EGO or SPY.
Correlation
The correlation between EGO and SPY is 0.17, 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
EGO vs. SPY - Performance Comparison
Key characteristics
EGO:
0.45
SPY:
2.03
EGO:
0.85
SPY:
2.71
EGO:
1.11
SPY:
1.38
EGO:
0.19
SPY:
3.09
EGO:
1.92
SPY:
12.94
EGO:
9.15%
SPY:
2.01%
EGO:
38.77%
SPY:
12.78%
EGO:
-97.49%
SPY:
-55.19%
EGO:
-85.80%
SPY:
-2.14%
Returns By Period
In the year-to-date period, EGO achieves a 0.61% return, which is significantly lower than SPY's 1.14% return. Over the past 10 years, EGO has underperformed SPY with an annualized return of -8.59%, while SPY has yielded a comparatively higher 13.38% annualized return.
EGO
0.61%
-6.32%
-10.85%
18.07%
15.62%
-8.59%
SPY
1.14%
-1.98%
7.12%
26.42%
14.07%
13.38%
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Risk-Adjusted Performance
EGO vs. SPY — Risk-Adjusted Performance Rank
EGO
SPY
EGO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eldorado Gold Corporation (EGO) 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
EGO vs. SPY - Dividend Comparison
EGO has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EGO Eldorado Gold Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.05% | 0.00% | 0.54% | 0.30% |
SPY SPDR S&P 500 ETF | 1.19% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
EGO vs. SPY - Drawdown Comparison
The maximum EGO drawdown since its inception was -97.49%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EGO and SPY. For additional features, visit the drawdowns tool.
Volatility
EGO vs. SPY - Volatility Comparison
Eldorado Gold Corporation (EGO) has a higher volatility of 11.63% compared to SPDR S&P 500 ETF (SPY) at 5.01%. This indicates that EGO'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.