EMR vs. SPY
EMR (Emerson Electric Co.) 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, EMR returned 11.94%/yr vs 15.08%/yr for SPY. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
EMR vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, EMR achieves a 2.81% return, which is significantly lower than SPY's 10.45% return. Over the past 10 years, EMR has underperformed SPY with an annualized return of 11.94%, while SPY has yielded a comparatively higher 15.08% annualized return.
EMR
- 1D
- -2.52%
- 1M
- -5.37%
- 6M
- -6.13%
- YTD
- 2.81%
- 1Y
- -1.80%
- 3Y*
- 15.80%
- 5Y*
- 8.83%
- 10Y*
- 11.94%
SPY
- 1D
- -0.77%
- 1M
- 1.26%
- 6M
- 8.34%
- YTD
- 10.45%
- 1Y
- 21.46%
- 3Y*
- 20.07%
- 5Y*
- 12.94%
- 10Y*
- 15.08%
EMR vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMR Emerson Electric Co. | 2.81% | 8.92% | 29.73% | 3.75% | 5.74% | 18.19% | 8.61% | 31.53% | -11.87% | 29.05% |
SPY State Street SPDR S&P 500 ETF | 10.45% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between EMR and SPY is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 1993 | 0.62 |
The correlation between EMR and SPY has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.
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Return for Risk
EMR vs. SPY — Risk / Return Rank
EMR
SPY
EMR vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Emerson Electric Co. (EMR) 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.
| EMR | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.77 | ||
| Sortino ratioReturn per unit of downside risk | -2.23 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.31 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 2.43 | -2.50 |
| Martin ratioReturn relative to average drawdown | -0.16 | 10.57 | -10.73 |
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Drawdowns
EMR vs. SPY - Drawdown Comparison
The maximum EMR drawdown since its inception was -59.05%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EMR and SPY.
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Drawdown Indicators
| EMR | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.05% | -55.19% | -3.86% |
Max Drawdown (1Y)Largest decline over 1 year | -23.45% | -8.88% | -14.57% |
Max Drawdown (3Y)Largest decline over 3 years | -29.62% | -18.76% | -10.86% |
Max Drawdown (5Y)Largest decline over 5 years | -29.62% | -24.50% | -5.12% |
Max Drawdown (10Y)Largest decline over 10 years | -50.77% | -33.72% | -17.05% |
Current DrawdownCurrent decline from peak | -15.61% | -1.12% | -14.49% |
Average DrawdownAverage peak-to-trough decline | -14.11% | -9.02% | -5.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.24% | 2.03% | +9.21% |
Volatility
EMR vs. SPY - Volatility Comparison
Emerson Electric Co. (EMR) has a higher volatility of 9.30% compared to State Street SPDR S&P 500 ETF (SPY) at 4.26%. This indicates that EMR'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
| EMR | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.30% | 4.26% | +5.04% |
Volatility (6M)Calculated over the trailing 6-month period | 25.29% | 10.01% | +15.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.20% | 12.60% | +18.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.45% | 17.17% | +10.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.13% | 17.93% | +11.20% |
Dividends
EMR vs. SPY - Dividend Comparison
EMR's dividend yield for the trailing twelve months is around 1.62%, more than SPY's 1.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMR Emerson Electric Co. | 1.62% | 1.61% | 1.70% | 2.14% | 2.15% | 2.18% | 2.49% | 2.58% | 3.26% | 2.76% | 3.42% | 3.94% |
SPY State Street SPDR S&P 500 ETF | 1.00% | 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
EMR and SPY have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMR has higher volatility (9.30%) compared to SPY (4.26%). In terms of maximum drawdown, EMR dropped -59.05% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.71 vs -0.06), 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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