FE vs. SPY
Compare and contrast key facts about FirstEnergy Corp. (FE) 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: FE or SPY.
Correlation
The correlation between FE and SPY is 0.37, 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
FE vs. SPY - Performance Comparison
Key characteristics
FE:
0.98
SPY:
2.17
FE:
1.47
SPY:
2.88
FE:
1.18
SPY:
1.41
FE:
0.72
SPY:
3.19
FE:
3.99
SPY:
14.10
FE:
3.69%
SPY:
1.90%
FE:
15.08%
SPY:
12.39%
FE:
-55.75%
SPY:
-55.19%
FE:
-9.74%
SPY:
-3.19%
Returns By Period
In the year-to-date period, FE achieves a 13.27% return, which is significantly lower than SPY's 24.97% return. Over the past 10 years, FE has underperformed SPY with an annualized return of 4.49%, while SPY has yielded a comparatively higher 12.92% annualized return.
FE
13.27%
-4.65%
6.12%
14.30%
0.10%
4.49%
SPY
24.97%
-0.32%
8.25%
26.85%
14.57%
12.92%
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Risk-Adjusted Performance
FE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FirstEnergy Corp. (FE) 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
FE vs. SPY - Dividend Comparison
FE's dividend yield for the trailing twelve months is around 4.23%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FE FirstEnergy Corp. | 4.23% | 4.31% | 3.72% | 3.75% | 5.10% | 3.13% | 3.83% | 4.70% | 4.65% | 4.54% | 3.69% | 6.67% |
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
FE vs. SPY - Drawdown Comparison
The maximum FE drawdown since its inception was -55.75%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FE and SPY. For additional features, visit the drawdowns tool.
Volatility
FE vs. SPY - Volatility Comparison
FirstEnergy Corp. (FE) has a higher volatility of 4.26% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that FE'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.