GFL vs. SPY
Compare and contrast key facts about GFL Environmental Inc. (GFL) 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: GFL or SPY.
Performance
GFL vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, GFL achieves a 31.38% return, which is significantly higher than SPY's 25.41% return.
GFL
31.38%
9.14%
42.51%
53.69%
N/A
N/A
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| GFL | SPY | |
|---|---|---|
| Sharpe Ratio | 1.75 | 2.62 |
| Sortino Ratio | 2.61 | 3.50 |
| Omega Ratio | 1.32 | 1.49 |
| Calmar Ratio | 1.50 | 3.78 |
| Martin Ratio | 8.04 | 17.00 |
| Ulcer Index | 6.36% | 1.87% |
| Daily Std Dev | 29.25% | 12.14% |
| Max Drawdown | -42.59% | -55.19% |
| Current Drawdown | -0.70% | -1.38% |
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Correlation
The correlation between GFL and SPY is 0.45, 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
GFL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GFL Environmental Inc. (GFL) 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
GFL vs. SPY - Dividend Comparison
GFL's dividend yield for the trailing twelve months is around 0.12%, less than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFL GFL Environmental Inc. | 0.12% | 0.15% | 0.50% | 0.11% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
GFL vs. SPY - Drawdown Comparison
The maximum GFL drawdown since its inception was -42.59%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GFL and SPY. For additional features, visit the drawdowns tool.
Volatility
GFL vs. SPY - Volatility Comparison
GFL Environmental Inc. (GFL) has a higher volatility of 8.93% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that GFL'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.