FLIC vs. SPY
Compare and contrast key facts about The First of Long Island Corporation (FLIC) 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: FLIC or SPY.
Correlation
The correlation between FLIC and SPY is 0.29, 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
FLIC vs. SPY - Performance Comparison
Key characteristics
FLIC:
-0.01
SPY:
2.12
FLIC:
0.25
SPY:
2.81
FLIC:
1.03
SPY:
1.39
FLIC:
-0.00
SPY:
3.21
FLIC:
-0.02
SPY:
13.42
FLIC:
14.14%
SPY:
2.01%
FLIC:
36.12%
SPY:
12.78%
FLIC:
-63.09%
SPY:
-55.19%
FLIC:
-47.74%
SPY:
-0.29%
Returns By Period
In the year-to-date period, FLIC achieves a 1.88% return, which is significantly lower than SPY's 3.73% return. Over the past 10 years, FLIC has underperformed SPY with an annualized return of 1.26%, while SPY has yielded a comparatively higher 13.76% annualized return.
FLIC
1.88%
-0.21%
-7.70%
-0.90%
-7.80%
1.26%
SPY
3.73%
1.10%
12.39%
26.33%
15.23%
13.76%
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Risk-Adjusted Performance
FLIC vs. SPY — Risk-Adjusted Performance Rank
FLIC
SPY
FLIC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The First of Long Island Corporation (FLIC) 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
FLIC vs. SPY - Dividend Comparison
FLIC's dividend yield for the trailing twelve months is around 7.06%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLIC The First of Long Island Corporation | 7.06% | 7.19% | 6.34% | 5.67% | 3.57% | 4.09% | 2.75% | 2.36% | 2.04% | 1.91% | 3.23% | 1.88% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FLIC vs. SPY - Drawdown Comparison
The maximum FLIC drawdown since its inception was -63.09%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FLIC and SPY. For additional features, visit the drawdowns tool.
Volatility
FLIC vs. SPY - Volatility Comparison
The First of Long Island Corporation (FLIC) has a higher volatility of 8.38% compared to SPDR S&P 500 ETF (SPY) at 4.00%. This indicates that FLIC'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.