FSCO vs. SPY
Compare and contrast key facts about FS Credit Opportunities Corp. (FSCO) 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: FSCO or SPY.
Correlation
The correlation between FSCO and SPY is 0.28, 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
FSCO vs. SPY - Performance Comparison
Key characteristics
FSCO:
1.91
SPY:
2.21
FSCO:
2.70
SPY:
2.93
FSCO:
1.34
SPY:
1.41
FSCO:
3.49
SPY:
3.26
FSCO:
12.49
SPY:
14.43
FSCO:
2.46%
SPY:
1.90%
FSCO:
16.10%
SPY:
12.41%
FSCO:
-25.11%
SPY:
-55.19%
FSCO:
0.00%
SPY:
-2.74%
Returns By Period
In the year-to-date period, FSCO achieves a 33.69% return, which is significantly higher than SPY's 25.54% return.
FSCO
33.69%
4.92%
11.69%
32.52%
N/A
N/A
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
FSCO vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FS Credit Opportunities Corp. (FSCO) 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
FSCO vs. SPY - Dividend Comparison
FSCO's dividend yield for the trailing twelve months is around 9.59%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | 9.59% | 11.22% | 1.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FSCO vs. SPY - Drawdown Comparison
The maximum FSCO drawdown since its inception was -25.11%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FSCO and SPY. For additional features, visit the drawdowns tool.
Volatility
FSCO vs. SPY - Volatility Comparison
FS Credit Opportunities Corp. (FSCO) has a higher volatility of 5.69% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that FSCO'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.