FLGT vs. SPY
Compare and contrast key facts about Fulgent Genetics, Inc. (FLGT) 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: FLGT or SPY.
Correlation
The correlation between FLGT and SPY is 0.26, 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
FLGT vs. SPY - Performance Comparison
Key characteristics
FLGT:
-0.21
SPY:
0.51
FLGT:
-0.02
SPY:
0.86
FLGT:
1.00
SPY:
1.13
FLGT:
-0.09
SPY:
0.55
FLGT:
-0.39
SPY:
2.26
FLGT:
21.61%
SPY:
4.55%
FLGT:
41.20%
SPY:
20.08%
FLGT:
-91.69%
SPY:
-55.19%
FLGT:
-89.73%
SPY:
-9.89%
Returns By Period
In the year-to-date period, FLGT achieves a 2.22% return, which is significantly higher than SPY's -5.76% return.
FLGT
2.22%
11.72%
-2.78%
-5.74%
3.13%
N/A
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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Risk-Adjusted Performance
FLGT vs. SPY — Risk-Adjusted Performance Rank
FLGT
SPY
FLGT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fulgent Genetics, Inc. (FLGT) 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
FLGT vs. SPY - Dividend Comparison
FLGT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.30%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLGT Fulgent Genetics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FLGT vs. SPY - Drawdown Comparison
The maximum FLGT drawdown since its inception was -91.69%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FLGT and SPY. For additional features, visit the drawdowns tool.
Volatility
FLGT vs. SPY - Volatility Comparison
The current volatility for Fulgent Genetics, Inc. (FLGT) is 12.99%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that FLGT 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.