FDP vs. SPY
Compare and contrast key facts about Fresh Del Monte Produce Inc. (FDP) 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: FDP or SPY.
Correlation
The correlation between FDP 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
FDP vs. SPY - Performance Comparison
Key characteristics
FDP:
1.27
SPY:
2.17
FDP:
2.15
SPY:
2.88
FDP:
1.27
SPY:
1.41
FDP:
0.52
SPY:
3.19
FDP:
3.48
SPY:
14.10
FDP:
9.54%
SPY:
1.90%
FDP:
26.24%
SPY:
12.39%
FDP:
-84.24%
SPY:
-55.19%
FDP:
-42.12%
SPY:
-3.19%
Returns By Period
In the year-to-date period, FDP achieves a 30.60% return, which is significantly higher than SPY's 24.97% return. Over the past 10 years, FDP has underperformed SPY with an annualized return of 2.02%, while SPY has yielded a comparatively higher 12.92% annualized return.
FDP
30.60%
-2.22%
52.78%
34.44%
1.11%
2.02%
SPY
24.97%
-0.32%
8.25%
26.85%
14.57%
12.92%
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Risk-Adjusted Performance
FDP vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fresh Del Monte Produce Inc. (FDP) 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
FDP vs. SPY - Dividend Comparison
FDP's dividend yield for the trailing twelve months is around 3.03%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDP Fresh Del Monte Produce Inc. | 3.03% | 2.86% | 2.29% | 1.81% | 1.25% | 0.40% | 2.12% | 1.26% | 0.91% | 1.29% | 1.49% | 1.77% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FDP vs. SPY - Drawdown Comparison
The maximum FDP drawdown since its inception was -84.24%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FDP and SPY. For additional features, visit the drawdowns tool.
Volatility
FDP vs. SPY - Volatility Comparison
Fresh Del Monte Produce Inc. (FDP) has a higher volatility of 5.10% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that FDP'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.