FPH vs. SPY
FPH (Five Point Holdings, LLC) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, FPH returned -9.19%/yr vs 13.51%/yr for SPY. At a 0.34 correlation, their price movements are largely independent.
Performance
FPH vs. SPY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FPH achieves a -10.73% return, which is significantly lower than SPY's 9.74% return.
FPH
- 1D
- -2.54%
- 1M
- 1.84%
- YTD
- -10.73%
- 6M
- -8.78%
- 1Y
- -9.27%
- 3Y*
- 23.18%
- 5Y*
- -9.19%
- 10Y*
- —
SPY
- 1D
- -0.31%
- 1M
- 0.09%
- YTD
- 9.74%
- 6M
- 9.27%
- 1Y
- 26.65%
- 3Y*
- 21.27%
- 5Y*
- 13.51%
- 10Y*
- 15.70%
FPH vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPH Five Point Holdings, LLC | -10.73% | 47.88% | 23.13% | 31.76% | -64.37% | 19.78% | -21.44% | 0.14% | -50.78% | -7.24% |
SPY State Street SPDR S&P 500 ETF | 9.74% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 13.13% |
Correlation
The correlation between FPH and SPY is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 10, 2017 | 0.34 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FPH vs. SPY — Risk / Return Rank
FPH
SPY
FPH vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Five Point Holdings, LLC (FPH) and State Street 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FPH | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.45 | ||
| Sortino ratioReturn per unit of downside risk | -3.09 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.39 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 3.01 | -3.35 |
| Martin ratioReturn relative to average drawdown | -0.59 | 13.54 | -14.12 |
Loading charts...
Drawdowns
FPH vs. SPY - Drawdown Comparison
The maximum FPH drawdown since its inception was -87.96%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FPH and SPY.
Loading charts...
Drawdown Indicators
| FPH | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.96% | -55.19% | -32.77% |
Max Drawdown (1Y)Largest decline over 1 year | -27.43% | -8.88% | -18.55% |
Max Drawdown (3Y)Largest decline over 3 years | -39.27% | -18.76% | -20.51% |
Max Drawdown (5Y)Largest decline over 5 years | -77.32% | -24.50% | -52.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -69.67% | -1.75% | -67.92% |
Average DrawdownAverage peak-to-trough decline | -60.61% | -9.04% | -51.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.79% | 1.97% | +13.82% |
Volatility
FPH vs. SPY - Volatility Comparison
Five Point Holdings, LLC (FPH) has a higher volatility of 6.76% compared to State Street SPDR S&P 500 ETF (SPY) at 4.64%. This indicates that FPH'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.
Loading charts...
Volatility by Period
| FPH | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.76% | 4.64% | +2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 19.64% | 9.75% | +9.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.34% | 12.43% | +19.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.80% | 17.14% | +29.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.43% | 17.99% | +29.44% |
Dividends
FPH vs. SPY - Dividend Comparison
FPH has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.01%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPH Five Point Holdings, LLC | 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 State Street SPDR S&P 500 ETF | 1.01% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
FPH and SPY have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FPH has higher volatility (6.76%) compared to SPY (4.64%). In terms of maximum drawdown, FPH dropped -87.96% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (2.16 vs -0.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FPH and SPY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer