EWBC vs. SPY
Compare and contrast key facts about East West Bancorp, Inc. (EWBC) 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: EWBC or SPY.
Correlation
The correlation between EWBC and SPY is 0.51, 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
EWBC vs. SPY - Performance Comparison
Key characteristics
EWBC:
1.33
SPY:
2.21
EWBC:
1.98
SPY:
2.93
EWBC:
1.24
SPY:
1.41
EWBC:
1.77
SPY:
3.26
EWBC:
6.62
SPY:
14.43
EWBC:
5.94%
SPY:
1.90%
EWBC:
29.54%
SPY:
12.41%
EWBC:
-92.14%
SPY:
-55.19%
EWBC:
-13.77%
SPY:
-2.74%
Returns By Period
In the year-to-date period, EWBC achieves a 36.97% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, EWBC has underperformed SPY with an annualized return of 11.93%, while SPY has yielded a comparatively higher 12.97% annualized return.
EWBC
36.97%
-9.09%
35.52%
38.01%
17.28%
11.93%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
EWBC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for East West Bancorp, Inc. (EWBC) 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
EWBC vs. SPY - Dividend Comparison
EWBC's dividend yield for the trailing twelve months is around 2.29%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EWBC East West Bancorp, Inc. | 2.29% | 2.67% | 2.43% | 1.68% | 2.17% | 2.17% | 1.98% | 1.32% | 1.57% | 1.92% | 1.86% | 1.72% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
EWBC vs. SPY - Drawdown Comparison
The maximum EWBC drawdown since its inception was -92.14%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EWBC and SPY. For additional features, visit the drawdowns tool.
Volatility
EWBC vs. SPY - Volatility Comparison
East West Bancorp, Inc. (EWBC) has a higher volatility of 7.88% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that EWBC'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.