FXNC vs. SPY
Compare and contrast key facts about First National Corporation (FXNC) 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: FXNC or SPY.
Correlation
The correlation between FXNC and SPY is 0.04, 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
FXNC vs. SPY - Performance Comparison
Key characteristics
FXNC:
0.62
SPY:
2.05
FXNC:
1.06
SPY:
2.73
FXNC:
1.14
SPY:
1.38
FXNC:
0.47
SPY:
3.11
FXNC:
0.88
SPY:
13.02
FXNC:
17.81%
SPY:
2.01%
FXNC:
25.07%
SPY:
12.77%
FXNC:
-84.74%
SPY:
-55.19%
FXNC:
-9.59%
SPY:
-2.33%
Returns By Period
In the year-to-date period, FXNC achieves a 1.17% return, which is significantly higher than SPY's 0.95% return. Both investments have delivered pretty close results over the past 10 years, with FXNC having a 12.87% annualized return and SPY not far ahead at 13.35%.
FXNC
1.17%
-6.43%
48.85%
15.33%
5.66%
12.87%
SPY
0.95%
-1.76%
7.74%
26.88%
14.01%
13.35%
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Risk-Adjusted Performance
FXNC vs. SPY — Risk-Adjusted Performance Rank
FXNC
SPY
FXNC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First National Corporation (FXNC) 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
FXNC vs. SPY - Dividend Comparison
FXNC's dividend yield for the trailing twelve months is around 3.29%, more than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXNC First National Corporation | 3.29% | 3.32% | 2.76% | 3.27% | 2.09% | 2.60% | 1.68% | 1.03% | 0.78% | 0.93% | 1.12% | 0.87% |
SPY SPDR S&P 500 ETF | 1.19% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FXNC vs. SPY - Drawdown Comparison
The maximum FXNC drawdown since its inception was -84.74%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FXNC and SPY. For additional features, visit the drawdowns tool.
Volatility
FXNC vs. SPY - Volatility Comparison
First National Corporation (FXNC) has a higher volatility of 6.44% compared to SPDR S&P 500 ETF (SPY) at 5.01%. This indicates that FXNC'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.