ESLT vs. SPY
Compare and contrast key facts about Elbit Systems Ltd (ESLT) 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: ESLT or SPY.
Correlation
The correlation between ESLT and SPY is 0.34, 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
ESLT vs. SPY - Performance Comparison
Key characteristics
ESLT:
1.99
SPY:
1.87
ESLT:
2.96
SPY:
2.52
ESLT:
1.36
SPY:
1.35
ESLT:
1.83
SPY:
2.81
ESLT:
4.49
SPY:
11.69
ESLT:
10.73%
SPY:
2.02%
ESLT:
24.27%
SPY:
12.65%
ESLT:
-53.77%
SPY:
-55.19%
ESLT:
-3.52%
SPY:
0.00%
Returns By Period
In the year-to-date period, ESLT achieves a 16.60% return, which is significantly higher than SPY's 4.58% return. Over the past 10 years, ESLT has outperformed SPY with an annualized return of 18.26%, while SPY has yielded a comparatively lower 13.23% annualized return.
ESLT
16.60%
1.03%
52.30%
48.25%
15.03%
18.26%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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Risk-Adjusted Performance
ESLT vs. SPY — Risk-Adjusted Performance Rank
ESLT
SPY
ESLT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Elbit Systems Ltd (ESLT) 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
ESLT vs. SPY - Dividend Comparison
ESLT's dividend yield for the trailing twelve months is around 0.66%, less than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESLT Elbit Systems Ltd | 0.66% | 0.77% | 0.94% | 1.22% | 1.03% | 1.28% | 1.14% | 1.54% | 1.32% | 1.57% | 1.63% | 2.07% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
ESLT vs. SPY - Drawdown Comparison
The maximum ESLT drawdown since its inception was -53.77%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ESLT and SPY. For additional features, visit the drawdowns tool.
Volatility
ESLT vs. SPY - Volatility Comparison
Elbit Systems Ltd (ESLT) has a higher volatility of 6.35% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that ESLT'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.