Correlation
The correlation between FCNCA and SPY is 0.42, 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.
FCNCA vs. SPY
Compare and contrast key facts about First Citizens BancShares, Inc. (FCNCA) 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: FCNCA or SPY.
Performance
FCNCA vs. SPY - Performance Comparison
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Key characteristics
FCNCA:
0.19
SPY:
0.70
FCNCA:
0.46
SPY:
1.02
FCNCA:
1.06
SPY:
1.15
FCNCA:
0.13
SPY:
0.68
FCNCA:
0.33
SPY:
2.57
FCNCA:
13.49%
SPY:
4.93%
FCNCA:
39.83%
SPY:
20.42%
FCNCA:
-63.51%
SPY:
-55.19%
FCNCA:
-21.20%
SPY:
-3.55%
Returns By Period
In the year-to-date period, FCNCA achieves a -12.32% return, which is significantly lower than SPY's 0.87% return. Over the past 10 years, FCNCA has outperformed SPY with an annualized return of 23.04%, while SPY has yielded a comparatively lower 12.73% annualized return.
FCNCA
-12.32%
4.03%
-19.28%
7.68%
38.69%
37.33%
23.04%
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
FCNCA vs. SPY — Risk-Adjusted Performance Rank
FCNCA
SPY
FCNCA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Citizens BancShares, Inc. (FCNCA) 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
FCNCA vs. SPY - Dividend Comparison
FCNCA's dividend yield for the trailing twelve months is around 0.49%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNCA First Citizens BancShares, Inc. | 0.49% | 0.33% | 0.27% | 0.28% | 0.23% | 0.29% | 0.30% | 0.38% | 0.31% | 0.34% | 0.46% | 0.47% |
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
FCNCA vs. SPY - Drawdown Comparison
The maximum FCNCA drawdown since its inception was -63.51%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FCNCA and SPY.
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Volatility
FCNCA vs. SPY - Volatility Comparison
First Citizens BancShares, Inc. (FCNCA) has a higher volatility of 9.03% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that FCNCA'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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