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.
Key characteristics
| EICA | SPY | |
|---|---|---|
| YTD Return | 2.47% | 11.58% |
| 1Y Return | 3.58% | 29.17% |
| Sharpe Ratio | 0.53 | 2.67 |
| Daily Std Dev | 6.73% | 11.53% |
| Max Drawdown | -13.45% | -55.19% |
| Current Drawdown | -1.19% | -0.21% |
Correlation
The correlation between EICA and SPY is 0.10, 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
EICA vs. SPY - Performance Comparison
In the year-to-date period, EICA achieves a 2.47% return, which is significantly lower than SPY's 11.58% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
Dividends
EICA vs. SPY - Dividend Comparison
EICA's dividend yield for the trailing twelve months is around 5.39%, more than SPY's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EICA Eagle Point Income Company Inc. | 5.39% | 5.40% | 5.26% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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. For additional features, visit the drawdowns tool.
Volatility
EICA vs. SPY - Volatility Comparison
The current volatility for Eagle Point Income Company Inc. (EICA) is 1.10%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.40%. 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.