GAUZ vs. SPY
GAUZ (Gauzy Ltd) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past year, GAUZ returned -94.78% vs 22.29% for SPY. At a 0.16 correlation, their price movements are largely independent.
Performance
GAUZ vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, GAUZ achieves a -64.87% return, which is significantly lower than SPY's 8.25% return.
GAUZ
- 1D
- -1.48%
- 1M
- -30.38%
- YTD
- -64.87%
- 6M
- -55.57%
- 1Y
- -94.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPY
- 1D
- 0.14%
- 1M
- -1.92%
- YTD
- 8.25%
- 6M
- 6.93%
- 1Y
- 22.29%
- 3Y*
- 20.89%
- 5Y*
- 12.99%
- 10Y*
- 15.75%
GAUZ vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GAUZ Gauzy Ltd | -64.87% | -86.98% | -40.66% |
SPY State Street SPDR S&P 500 ETF | 8.25% | 17.72% | 10.68% |
Correlation
The correlation between GAUZ and SPY is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2024 | 0.16 |
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Return for Risk
GAUZ vs. SPY — Risk / Return Rank
GAUZ
SPY
GAUZ vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gauzy Ltd (GAUZ) and State Street 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GAUZ | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.40 | ||
| Sortino ratioReturn per unit of downside risk | -4.12 | ||
| Omega ratioGain probability vs. loss probability | 0.80 | 1.33 | -0.53 |
| Calmar ratioReturn relative to maximum drawdown | -1.00 | 2.52 | -3.52 |
| Martin ratioReturn relative to average drawdown | -1.30 | 11.15 | -12.45 |
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Drawdowns
GAUZ vs. SPY - Drawdown Comparison
The maximum GAUZ drawdown since its inception was -97.42%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GAUZ and SPY.
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Drawdown Indicators
| GAUZ | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.42% | -55.19% | -42.23% |
Max Drawdown (1Y)Largest decline over 1 year | -95.26% | -8.88% | -86.38% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.76% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.50% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.72% | — |
Current DrawdownCurrent decline from peak | -97.29% | -3.08% | -94.21% |
Average DrawdownAverage peak-to-trough decline | -61.32% | -9.03% | -52.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 73.00% | 2.00% | +71.00% |
Volatility
GAUZ vs. SPY - Volatility Comparison
Gauzy Ltd (GAUZ) has a higher volatility of 39.18% compared to State Street SPDR S&P 500 ETF (SPY) at 4.79%. This indicates that GAUZ'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.
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Volatility by Period
| GAUZ | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 39.18% | 4.79% | +34.39% |
Volatility (6M)Calculated over the trailing 6-month period | 128.24% | 9.80% | +118.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 159.65% | 12.43% | +147.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 127.80% | 17.15% | +110.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 127.80% | 17.95% | +109.85% |
Dividends
GAUZ vs. SPY - Dividend Comparison
GAUZ has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.02%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAUZ Gauzy Ltd | 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 State Street SPDR S&P 500 ETF | 1.02% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Frequently Asked Questions
GAUZ and SPY have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GAUZ has higher volatility (39.18%) compared to SPY (4.79%). In terms of maximum drawdown, GAUZ dropped -97.42% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.80 vs -0.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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