Correlation
The correlation between EICA and SPY is 0.07, 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.
EICA vs. SPY
Compare and contrast key facts about Eagle Point Income Company Inc. (EICA) 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: EICA or SPY.
Performance
EICA vs. SPY - Performance Comparison
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Key characteristics
EICA:
1.85
SPY:
0.70
EICA:
3.05
SPY:
1.02
EICA:
1.40
SPY:
1.15
EICA:
6.34
SPY:
0.68
EICA:
21.94
SPY:
2.57
EICA:
0.47%
SPY:
4.93%
EICA:
5.40%
SPY:
20.42%
EICA:
-13.45%
SPY:
-55.19%
EICA:
-0.69%
SPY:
-3.55%
Returns By Period
In the year-to-date period, EICA achieves a 4.51% return, which is significantly higher than SPY's 0.87% return.
EICA
4.51%
1.17%
3.66%
9.87%
6.12%
N/A
N/A
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
EICA vs. SPY — Risk-Adjusted Performance Rank
EICA
SPY
EICA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eagle Point Income Company Inc. (EICA) 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.
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Dividends
EICA vs. SPY - Dividend Comparison
EICA's dividend yield for the trailing twelve months is around 5.15%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EICA Eagle Point Income Company Inc. | 5.15% | 5.27% | 5.40% | 5.26% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
EICA vs. SPY - Drawdown Comparison
The maximum EICA drawdown since its inception was -13.45%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EICA and SPY.
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Volatility
EICA vs. SPY - Volatility Comparison
The current volatility for Eagle Point Income Company Inc. (EICA) is 2.23%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.86%. This indicates that EICA experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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