GASS vs. SPY
Compare and contrast key facts about StealthGas Inc. (GASS) 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: GASS or SPY.
Correlation
The correlation between GASS and SPY is 0.24, 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
GASS vs. SPY - Performance Comparison
Key characteristics
GASS:
-0.52
SPY:
1.88
GASS:
-0.61
SPY:
2.53
GASS:
0.93
SPY:
1.35
GASS:
-0.32
SPY:
2.83
GASS:
-0.82
SPY:
11.74
GASS:
26.24%
SPY:
2.02%
GASS:
41.38%
SPY:
12.64%
GASS:
-89.60%
SPY:
-55.19%
GASS:
-61.75%
SPY:
-0.42%
Returns By Period
In the year-to-date period, GASS achieves a -1.77% return, which is significantly lower than SPY's 4.15% return. Over the past 10 years, GASS has underperformed SPY with an annualized return of 0.85%, while SPY has yielded a comparatively higher 13.18% annualized return.
GASS
-1.77%
-5.77%
-4.97%
-15.14%
17.01%
0.85%
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
GASS vs. SPY — Risk-Adjusted Performance Rank
GASS
SPY
GASS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for StealthGas Inc. (GASS) 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
GASS vs. SPY - Dividend Comparison
GASS has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GASS StealthGas Inc. | 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 SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GASS vs. SPY - Drawdown Comparison
The maximum GASS drawdown since its inception was -89.60%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GASS and SPY. For additional features, visit the drawdowns tool.
Volatility
GASS vs. SPY - Volatility Comparison
StealthGas Inc. (GASS) has a higher volatility of 6.93% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that GASS'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.