GHM vs. SPY
Compare and contrast key facts about Graham Corporation (GHM) 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: GHM or SPY.
Correlation
The correlation between GHM 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
GHM vs. SPY - Performance Comparison
Key characteristics
GHM:
2.66
SPY:
1.99
GHM:
3.46
SPY:
2.66
GHM:
1.43
SPY:
1.36
GHM:
2.32
SPY:
3.02
GHM:
13.46
SPY:
12.56
GHM:
9.76%
SPY:
2.02%
GHM:
49.54%
SPY:
12.74%
GHM:
-86.10%
SPY:
-55.19%
GHM:
-4.70%
SPY:
-1.96%
Returns By Period
In the year-to-date period, GHM achieves a 1.28% return, which is significantly lower than SPY's 1.99% return. Over the past 10 years, GHM has underperformed SPY with an annualized return of 8.49%, while SPY has yielded a comparatively higher 13.27% annualized return.
GHM
1.28%
-4.70%
57.15%
127.70%
21.13%
8.49%
SPY
1.99%
0.98%
16.28%
22.47%
14.20%
13.27%
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Risk-Adjusted Performance
GHM vs. SPY — Risk-Adjusted Performance Rank
GHM
SPY
GHM vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Graham Corporation (GHM) 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
GHM vs. SPY - Dividend Comparison
GHM has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GHM Graham Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 3.54% | 2.90% | 1.92% | 1.66% | 1.72% | 1.63% | 1.90% | 0.56% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GHM vs. SPY - Drawdown Comparison
The maximum GHM drawdown since its inception was -86.10%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GHM and SPY. For additional features, visit the drawdowns tool.
Volatility
GHM vs. SPY - Volatility Comparison
Graham Corporation (GHM) has a higher volatility of 14.61% compared to SPDR S&P 500 ETF (SPY) at 4.00%. This indicates that GHM'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.