FPI vs. SPY
Compare and contrast key facts about Farmland Partners Inc. (FPI) 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: FPI or SPY.
Correlation
The correlation between FPI 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
FPI vs. SPY - Performance Comparison
Key characteristics
FPI:
-0.03
SPY:
2.03
FPI:
0.15
SPY:
2.71
FPI:
1.02
SPY:
1.38
FPI:
-0.02
SPY:
3.02
FPI:
-0.06
SPY:
13.49
FPI:
13.84%
SPY:
1.88%
FPI:
25.97%
SPY:
12.48%
FPI:
-59.92%
SPY:
-55.19%
FPI:
-20.28%
SPY:
-3.54%
Returns By Period
In the year-to-date period, FPI achieves a -1.11% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, FPI has underperformed SPY with an annualized return of 4.20%, while SPY has yielded a comparatively higher 12.94% annualized return.
FPI
-1.11%
-1.06%
5.00%
-2.46%
15.79%
4.20%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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Risk-Adjusted Performance
FPI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Farmland Partners Inc. (FPI) 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
FPI vs. SPY - Dividend Comparison
FPI's dividend yield for the trailing twelve months is around 3.71%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPI Farmland Partners Inc. | 3.71% | 3.61% | 1.85% | 1.67% | 2.30% | 2.95% | 7.84% | 5.90% | 4.59% | 4.56% | 3.13% | 0.00% |
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
FPI vs. SPY - Drawdown Comparison
The maximum FPI drawdown since its inception was -59.92%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FPI and SPY. For additional features, visit the drawdowns tool.
Volatility
FPI vs. SPY - Volatility Comparison
Farmland Partners Inc. (FPI) has a higher volatility of 8.35% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that FPI'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.