EGO vs. SPY
EGO (Eldorado Gold Corporation) 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 10 years, EGO returned 3.98%/yr vs 15.07%/yr for SPY. Their 0.18 correlation means their historical movements had little consistent relationship.
Performance
EGO vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, EGO achieves a -15.62% return, which is significantly lower than SPY's 10.13% return. Over the past 10 years, EGO has underperformed SPY with an annualized return of 3.98%, while SPY has yielded a comparatively higher 15.07% annualized return.
EGO
- 1D
- -7.79%
- 1M
- -10.36%
- 6M
- -29.39%
- YTD
- -15.62%
- 1Y
- 44.32%
- 3Y*
- 46.34%
- 5Y*
- 26.57%
- 10Y*
- 3.98%
- ALL TIME*
- 6.02%
SPY
- 1D
- 0.72%
- 1M
- 0.30%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.49%
- 3Y*
- 19.32%
- 5Y*
- 12.76%
- 10Y*
- 15.07%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $82.14M | $70.34M | $88.20M | |
| $37.27B | $35.99B | $39.23B |
EGO vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EGO Eldorado Gold Corporation | -15.62% | 141.56% | 14.65% | 55.14% | -10.59% | -29.54% | 65.26% | 178.82% | -59.72% | -55.28% |
SPY State Street SPDR S&P 500 ETF | 10.13% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between EGO and SPY is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.25 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.25 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2003 | 0.18 |
The correlation between EGO and SPY shifts across timeframes, from 0.18 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EGO vs. SPY — Risk / Return Rank
EGO
SPY
EGO vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eldorado Gold Corporation (EGO) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EGO | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.66 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 2.20 | -1.11 |
| Martin ratioReturn relative to average drawdown | 2.11 | 9.40 | -7.29 |
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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.
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Drawdown Indicators
| EGO | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.49% | -55.19% | -42.30% |
Max Drawdown (1Y)Largest decline over 1 year | -44.00% | -8.88% | -35.12% |
Max Drawdown (3Y)Largest decline over 3 years | -44.00% | -18.76% | -25.24% |
Max Drawdown (5Y)Largest decline over 5 years | -57.70% | -24.50% | -33.20% |
Max Drawdown (10Y)Largest decline over 10 years | -87.61% | -33.72% | -53.89% |
Current DrawdownCurrent decline from peak | -71.13% | -1.40% | -69.73% |
Average DrawdownAverage peak-to-trough decline | -55.77% | -9.01% | -46.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.77% | 2.08% | +20.69% |
Volatility
EGO vs. SPY - Volatility Comparison
Eldorado Gold Corporation (EGO) has a higher volatility of 19.29% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. 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.
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Volatility by Period
| EGO | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.29% | 3.58% | +15.71% |
Volatility (6M)Calculated over the trailing 6-month period | 46.73% | 10.14% | +36.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.17% | 12.89% | +43.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.75% | 17.18% | +29.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.48% | 17.95% | +37.53% |
Dividends
EGO vs. SPY - Dividend Comparison
EGO's dividend yield for the trailing twelve months is around 0.50%, less than SPY's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EGO Eldorado Gold Corporation | 0.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.40% | 0.00% | 0.67% |
SPY State Street SPDR S&P 500 ETF | 1.01% | 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
EGO and SPY have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EGO has higher volatility (19.29%) compared to SPY (3.58%). In terms of maximum drawdown, EGO dropped -97.49% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.52 vs 0.86), 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.
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