Correlation
The correlation between ERNXY 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.
ERNXY vs. SPY
Compare and contrast key facts about Euronext N.V (ERNXY) 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: ERNXY or SPY.
Performance
ERNXY vs. SPY - Performance Comparison
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Key characteristics
ERNXY:
1.43
SPY:
0.70
ERNXY:
1.97
SPY:
1.02
ERNXY:
1.26
SPY:
1.15
ERNXY:
4.42
SPY:
0.68
ERNXY:
13.93
SPY:
2.57
ERNXY:
5.03%
SPY:
4.93%
ERNXY:
52.22%
SPY:
20.42%
ERNXY:
-45.39%
SPY:
-55.19%
ERNXY:
-3.60%
SPY:
-3.55%
Returns By Period
In the year-to-date period, ERNXY achieves a 53.80% return, which is significantly higher than SPY's 0.87% return.
ERNXY
53.80%
-0.61%
51.20%
76.41%
26.75%
N/A
N/A
SPY
0.87%
3.99%
-1.56%
13.18%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
ERNXY vs. SPY — Risk-Adjusted Performance Rank
ERNXY
SPY
ERNXY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Euronext N.V (ERNXY) 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
ERNXY vs. SPY - Dividend Comparison
ERNXY's dividend yield for the trailing twelve months is around 2.02%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERNXY Euronext N.V | 2.02% | 2.50% | 2.89% | 2.78% | 14.58% | 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
ERNXY vs. SPY - Drawdown Comparison
The maximum ERNXY drawdown since its inception was -45.39%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ERNXY and SPY.
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Volatility
ERNXY vs. SPY - Volatility Comparison
Euronext N.V (ERNXY) has a higher volatility of 13.96% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that ERNXY'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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