Correlation
The correlation between FBNC and SPY is 0.38, 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.
FBNC vs. SPY
Compare and contrast key facts about First Bancorp (FBNC) 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: FBNC or SPY.
Performance
FBNC vs. SPY - Performance Comparison
Loading data...
Key characteristics
FBNC:
0.98
SPY:
0.70
FBNC:
1.66
SPY:
1.02
FBNC:
1.20
SPY:
1.15
FBNC:
0.92
SPY:
0.68
FBNC:
3.09
SPY:
2.57
FBNC:
11.12%
SPY:
4.93%
FBNC:
35.44%
SPY:
20.42%
FBNC:
-70.98%
SPY:
-55.19%
FBNC:
-15.03%
SPY:
-3.55%
Returns By Period
In the year-to-date period, FBNC achieves a -5.40% return, which is significantly lower than SPY's 0.87% return. Both investments have delivered pretty close results over the past 10 years, with FBNC having a 12.23% annualized return and SPY not far ahead at 12.73%.
FBNC
-5.40%
2.25%
-11.62%
34.37%
5.92%
12.88%
12.23%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
FBNC vs. SPY — Risk-Adjusted Performance Rank
FBNC
SPY
FBNC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Bancorp (FBNC) 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.
Loading data...
Dividends
FBNC vs. SPY - Dividend Comparison
FBNC's dividend yield for the trailing twelve months is around 2.13%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBNC First Bancorp | 2.13% | 2.00% | 2.38% | 2.05% | 1.75% | 2.13% | 1.35% | 1.22% | 0.91% | 1.18% | 1.71% | 1.73% |
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
FBNC vs. SPY - Drawdown Comparison
The maximum FBNC drawdown since its inception was -70.98%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FBNC and SPY.
Loading data...
Volatility
FBNC vs. SPY - Volatility Comparison
First Bancorp (FBNC) has a higher volatility of 6.67% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that FBNC'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.
Loading data...