FTS vs. SPY
Compare and contrast key facts about Fortis Inc (FTS) 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: FTS or SPY.
Correlation
The correlation between FTS and SPY is 0.35, 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
FTS vs. SPY - Performance Comparison
Key characteristics
FTS:
0.19
SPY:
1.88
FTS:
0.38
SPY:
2.51
FTS:
1.04
SPY:
1.35
FTS:
0.13
SPY:
2.83
FTS:
0.74
SPY:
11.89
FTS:
3.93%
SPY:
2.00%
FTS:
15.00%
SPY:
12.69%
FTS:
-34.36%
SPY:
-55.19%
FTS:
-12.41%
SPY:
-3.89%
Returns By Period
In the year-to-date period, FTS achieves a -2.60% return, which is significantly lower than SPY's -0.66% return.
FTS
-2.60%
-4.35%
3.72%
2.81%
2.85%
N/A
SPY
-0.66%
-3.32%
3.73%
23.70%
13.73%
13.18%
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Risk-Adjusted Performance
FTS vs. SPY — Risk-Adjusted Performance Rank
FTS
SPY
FTS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortis Inc (FTS) 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
FTS vs. SPY - Dividend Comparison
FTS's dividend yield for the trailing twelve months is around 4.30%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTS Fortis Inc | 4.30% | 4.19% | 4.11% | 4.18% | 3.40% | 3.54% | 3.31% | 4.01% | 3.41% | 3.72% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FTS vs. SPY - Drawdown Comparison
The maximum FTS drawdown since its inception was -34.36%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FTS and SPY. For additional features, visit the drawdowns tool.
Volatility
FTS vs. SPY - Volatility Comparison
Fortis Inc (FTS) and SPDR S&P 500 ETF (SPY) have volatilities of 4.50% and 4.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.