GIC vs. SPY
Compare and contrast key facts about Global Industrial Company (GIC) 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: GIC or SPY.
Correlation
The correlation between GIC and SPY is 0.38, 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
GIC vs. SPY - Performance Comparison
Key characteristics
GIC:
-1.25
SPY:
1.91
GIC:
-1.75
SPY:
2.57
GIC:
0.74
SPY:
1.35
GIC:
-0.90
SPY:
2.88
GIC:
-1.43
SPY:
11.96
GIC:
30.77%
SPY:
2.03%
GIC:
35.24%
SPY:
12.68%
GIC:
-98.09%
SPY:
-55.19%
GIC:
-46.40%
SPY:
0.00%
Returns By Period
In the year-to-date period, GIC achieves a -1.61% return, which is significantly lower than SPY's 4.34% return. Over the past 10 years, GIC has outperformed SPY with an annualized return of 13.92%, while SPY has yielded a comparatively lower 13.21% annualized return.
GIC
-1.61%
-2.28%
-24.12%
-44.24%
6.16%
13.92%
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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Risk-Adjusted Performance
GIC vs. SPY — Risk-Adjusted Performance Rank
GIC
SPY
GIC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Industrial Company (GIC) 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
GIC vs. SPY - Dividend Comparison
GIC's dividend yield for the trailing twelve months is around 4.10%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIC Global Industrial Company | 4.10% | 4.03% | 2.06% | 3.06% | 4.01% | 9.53% | 1.91% | 39.51% | 1.05% | 1.14% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GIC vs. SPY - Drawdown Comparison
The maximum GIC drawdown since its inception was -98.09%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GIC and SPY. For additional features, visit the drawdowns tool.
Volatility
GIC vs. SPY - Volatility Comparison
Global Industrial Company (GIC) has a higher volatility of 6.14% compared to SPDR S&P 500 ETF (SPY) at 3.13%. This indicates that GIC'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.