GGAL vs. SPY
Compare and contrast key facts about Grupo Financiero Galicia S.A. (GGAL) 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: GGAL or SPY.
Correlation
The correlation between GGAL and SPY is 0.34, 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
GGAL vs. SPY - Performance Comparison
Key characteristics
GGAL:
2.37
SPY:
0.30
GGAL:
2.95
SPY:
0.56
GGAL:
1.35
SPY:
1.08
GGAL:
2.56
SPY:
0.31
GGAL:
10.88
SPY:
1.40
GGAL:
12.91%
SPY:
4.18%
GGAL:
59.29%
SPY:
19.64%
GGAL:
-98.98%
SPY:
-55.19%
GGAL:
-14.22%
SPY:
-13.86%
Returns By Period
In the year-to-date period, GGAL achieves a -0.59% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, GGAL has outperformed SPY with an annualized return of 13.87%, while SPY has yielded a comparatively lower 11.57% annualized return.
GGAL
-0.59%
13.03%
26.89%
141.22%
60.52%
13.87%
SPY
-9.91%
-5.89%
-9.03%
6.50%
14.62%
11.57%
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Risk-Adjusted Performance
GGAL vs. SPY — Risk-Adjusted Performance Rank
GGAL
SPY
GGAL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grupo Financiero Galicia S.A. (GGAL) 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
GGAL vs. SPY - Dividend Comparison
GGAL's dividend yield for the trailing twelve months is around 3.83%, more than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGAL Grupo Financiero Galicia S.A. | 3.83% | 3.81% | 6.49% | 4.62% | 0.67% | 0.94% | 1.93% | 1.31% | 0.18% | 0.30% | 0.32% | 0.23% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GGAL vs. SPY - Drawdown Comparison
The maximum GGAL drawdown since its inception was -98.98%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GGAL and SPY. For additional features, visit the drawdowns tool.
Volatility
GGAL vs. SPY - Volatility Comparison
Grupo Financiero Galicia S.A. (GGAL) has a higher volatility of 27.25% compared to SPDR S&P 500 ETF (SPY) at 14.52%. This indicates that GGAL'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.