EQIX vs. SPY
Compare and contrast key facts about Equinix, Inc. (EQIX) 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: EQIX or SPY.
Correlation
The correlation between EQIX and SPY is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EQIX vs. SPY - Performance Comparison
Key characteristics
EQIX:
0.45
SPY:
0.51
EQIX:
0.85
SPY:
0.86
EQIX:
1.11
SPY:
1.13
EQIX:
0.50
SPY:
0.55
EQIX:
1.63
SPY:
2.26
EQIX:
7.55%
SPY:
4.55%
EQIX:
27.55%
SPY:
20.08%
EQIX:
-99.44%
SPY:
-55.19%
EQIX:
-14.47%
SPY:
-9.89%
Returns By Period
In the year-to-date period, EQIX achieves a -10.65% return, which is significantly lower than SPY's -5.76% return. Over the past 10 years, EQIX has outperformed SPY with an annualized return of 15.74%, while SPY has yielded a comparatively lower 11.99% annualized return.
EQIX
-10.65%
0.85%
-7.42%
15.85%
6.02%
15.74%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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Risk-Adjusted Performance
EQIX vs. SPY — Risk-Adjusted Performance Rank
EQIX
SPY
EQIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Equinix, Inc. (EQIX) 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
EQIX vs. SPY - Dividend Comparison
EQIX's dividend yield for the trailing twelve months is around 2.08%, more than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQIX Equinix, Inc. | 2.08% | 1.81% | 1.80% | 1.89% | 1.36% | 1.49% | 1.69% | 2.59% | 1.77% | 1.96% | 5.86% | 3.34% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
EQIX vs. SPY - Drawdown Comparison
The maximum EQIX drawdown since its inception was -99.44%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EQIX and SPY. For additional features, visit the drawdowns tool.
Volatility
EQIX vs. SPY - Volatility Comparison
The current volatility for Equinix, Inc. (EQIX) is 12.51%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that EQIX 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.