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 0.25, 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:
-0.51
SPY:
0.32
FLGT:
-0.51
SPY:
0.51
FLGT:
0.94
SPY:
1.07
FLGT:
-0.22
SPY:
0.39
FLGT:
-0.98
SPY:
1.52
FLGT:
20.59%
SPY:
3.13%
FLGT:
39.65%
SPY:
14.74%
FLGT:
-91.69%
SPY:
-55.19%
FLGT:
-90.75%
SPY:
-12.17%
Returns By Period
The year-to-date returns for both stocks are quite close, with FLGT having a -7.96% return and SPY slightly lower at -8.15%.
FLGT
-7.96%
9.54%
-17.27%
-19.62%
12.29%
N/A
SPY
-8.15%
-6.68%
-4.88%
4.64%
18.45%
11.89%
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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 1.34%.
| 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 | 1.34% | 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
Fulgent Genetics, Inc. (FLGT) has a higher volatility of 14.96% compared to SPDR S&P 500 ETF (SPY) at 7.47%. This indicates that FLGT'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.