FONR vs. SPY
Compare and contrast key facts about FONAR Corporation (FONR) 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: FONR or SPY.
Correlation
The correlation between FONR and SPY is 0.15, 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
FONR vs. SPY - Performance Comparison
Key characteristics
FONR:
-0.79
SPY:
0.20
FONR:
-1.05
SPY:
0.42
FONR:
0.88
SPY:
1.06
FONR:
-0.30
SPY:
0.21
FONR:
-1.65
SPY:
0.92
FONR:
15.98%
SPY:
4.30%
FONR:
33.42%
SPY:
19.83%
FONR:
-99.44%
SPY:
-55.19%
FONR:
-89.19%
SPY:
-15.91%
Returns By Period
In the year-to-date period, FONR achieves a -19.68% return, which is significantly lower than SPY's -12.06% return. Over the past 10 years, FONR has underperformed SPY with an annualized return of 0.09%, while SPY has yielded a comparatively higher 11.22% annualized return.
FONR
-19.68%
-12.14%
-21.19%
-27.66%
-6.77%
0.09%
SPY
-12.06%
-8.88%
-11.39%
5.10%
14.70%
11.22%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
FONR vs. SPY — Risk-Adjusted Performance Rank
FONR
SPY
FONR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FONAR Corporation (FONR) 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
FONR vs. SPY - Dividend Comparison
FONR has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.39%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FONR FONAR Corporation | 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 | 1.39% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FONR vs. SPY - Drawdown Comparison
The maximum FONR drawdown since its inception was -99.44%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FONR and SPY. For additional features, visit the drawdowns tool.
Volatility
FONR vs. SPY - Volatility Comparison
The current volatility for FONAR Corporation (FONR) is 8.28%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.67%. This indicates that FONR 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.