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:
0.72
SPY:
0.34
FE:
1.01
SPY:
0.62
FE:
1.16
SPY:
1.09
FE:
0.82
SPY:
0.35
FE:
2.37
SPY:
1.64
FE:
6.09%
SPY:
4.00%
FE:
20.02%
SPY:
19.55%
FE:
-55.75%
SPY:
-55.19%
FE:
-5.91%
SPY:
-12.02%
Returns By Period
In the year-to-date period, FE achieves a 4.27% return, which is significantly higher than SPY's -7.99% return. Over the past 10 years, FE has underperformed SPY with an annualized return of 5.96%, while SPY has yielded a comparatively higher 11.91% annualized return.
FE
4.27%
3.04%
-3.66%
14.43%
2.51%
5.96%
SPY
-7.99%
-4.19%
-6.68%
7.93%
15.74%
11.91%
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Risk-Adjusted Performance
FE vs. SPY — Risk-Adjusted Performance Rank
FE
SPY
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 4.14%, more than SPY's 1.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FE FirstEnergy Corp. | 4.14% | 4.24% | 4.31% | 3.72% | 3.75% | 5.10% | 3.13% | 3.83% | 4.70% | 4.65% | 4.54% | 3.69% |
SPY SPDR S&P 500 ETF | 1.33% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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
The current volatility for FirstEnergy Corp. (FE) is 7.86%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.47%. This indicates that FE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.