GE vs. SPGP
Compare and contrast key facts about General Electric Company (GE) and Invesco S&P 500 GARP ETF (SPGP).
SPGP is a passively managed fund by Invesco that tracks the performance of the S&P 500 GARP Index. It was launched on Jun 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GE or SPGP.
Performance
GE vs. SPGP - Performance Comparison
Returns By Period
In the year-to-date period, GE achieves a 74.82% return, which is significantly higher than SPGP's 12.12% return. Over the past 10 years, GE has underperformed SPGP with an annualized return of 4.92%, while SPGP has yielded a comparatively higher 14.00% annualized return.
GE
74.82%
-8.01%
11.17%
86.16%
25.93%
4.92%
SPGP
12.12%
1.90%
4.71%
19.93%
13.56%
14.00%
Key characteristics
| GE | SPGP | |
|---|---|---|
| Sharpe Ratio | 2.98 | 1.28 |
| Sortino Ratio | 3.53 | 1.83 |
| Omega Ratio | 1.52 | 1.23 |
| Calmar Ratio | 2.18 | 1.98 |
| Martin Ratio | 24.39 | 5.97 |
| Ulcer Index | 3.60% | 3.17% |
| Daily Std Dev | 29.45% | 14.78% |
| Max Drawdown | -85.53% | -42.08% |
| Current Drawdown | -8.77% | -1.95% |
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Correlation
The correlation between GE and SPGP is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
GE vs. SPGP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for General Electric Company (GE) and Invesco S&P 500 GARP ETF (SPGP). 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
GE vs. SPGP - Dividend Comparison
GE's dividend yield for the trailing twelve months is around 0.51%, less than SPGP's 1.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GE General Electric Company | 0.51% | 0.25% | 0.38% | 0.34% | 0.37% | 0.36% | 4.89% | 4.81% | 2.94% | 2.95% | 3.52% | 2.82% |
SPGP Invesco S&P 500 GARP ETF | 1.33% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% | 1.52% | 2.11% |
Drawdowns
GE vs. SPGP - Drawdown Comparison
The maximum GE drawdown since its inception was -85.53%, which is greater than SPGP's maximum drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for GE and SPGP. For additional features, visit the drawdowns tool.
Volatility
GE vs. SPGP - Volatility Comparison
General Electric Company (GE) has a higher volatility of 12.12% compared to Invesco S&P 500 GARP ETF (SPGP) at 5.14%. This indicates that GE's price experiences larger fluctuations and is considered to be riskier than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.