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:
0.10
SPY:
2.03
FLIC:
0.41
SPY:
2.71
FLIC:
1.05
SPY:
1.38
FLIC:
0.06
SPY:
3.02
FLIC:
0.22
SPY:
13.49
FLIC:
15.31%
SPY:
1.88%
FLIC:
35.78%
SPY:
12.48%
FLIC:
-63.09%
SPY:
-55.19%
FLIC:
-46.16%
SPY:
-3.54%
Returns By Period
In the year-to-date period, FLIC achieves a -0.38% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, FLIC has underperformed SPY with an annualized return of 0.12%, while SPY has yielded a comparatively higher 12.94% annualized return.
FLIC
-0.38%
-10.67%
34.44%
0.11%
-8.59%
0.12%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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Risk-Adjusted Performance
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 6.73%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLIC The First of Long Island Corporation | 6.73% | 6.34% | 5.67% | 3.57% | 4.09% | 2.75% | 2.36% | 2.04% | 1.91% | 3.23% | 1.88% | 2.38% |
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
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 11.12% compared to SPDR S&P 500 ETF (SPY) at 3.64%. 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.