GCT vs. SPY
Compare and contrast key facts about GigaCloud Technology Inc (GCT) 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: GCT or SPY.
Correlation
The correlation between GCT and SPY is 0.29, 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
GCT vs. SPY - Performance Comparison
Key characteristics
GCT:
-0.86
SPY:
0.51
GCT:
-1.44
SPY:
0.86
GCT:
0.85
SPY:
1.13
GCT:
-0.84
SPY:
0.55
GCT:
-1.39
SPY:
2.26
GCT:
46.15%
SPY:
4.55%
GCT:
74.10%
SPY:
20.08%
GCT:
-91.11%
SPY:
-55.19%
GCT:
-72.26%
SPY:
-9.89%
Returns By Period
In the year-to-date period, GCT achieves a -28.08% return, which is significantly lower than SPY's -5.76% return.
GCT
-28.08%
-16.33%
-44.89%
-62.32%
N/A
N/A
SPY
-5.76%
-2.90%
-4.30%
9.72%
15.64%
12.04%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GCT vs. SPY — Risk-Adjusted Performance Rank
GCT
SPY
GCT vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GigaCloud Technology Inc (GCT) 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
GCT vs. SPY - Dividend Comparison
GCT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.30%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCT GigaCloud Technology 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 | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GCT vs. SPY - Drawdown Comparison
The maximum GCT drawdown since its inception was -91.11%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GCT and SPY. For additional features, visit the drawdowns tool.
Volatility
GCT vs. SPY - Volatility Comparison
GigaCloud Technology Inc (GCT) has a higher volatility of 24.68% compared to SPDR S&P 500 ETF (SPY) at 15.12%. This indicates that GCT'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.