GIPR vs. SPY

Last updated Jun 24, 2026

GIPR (Generation Income Properties, Inc.) is a stock, while SPY (State Street SPDR S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 3 years, GIPR returned -63.55%/yr vs 20.68%/yr for SPY. At a 0.11 correlation, their price movements are largely independent.

Performance

GIPR vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Generation Income Properties, Inc. (GIPR) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GIPR achieves a -73.32% return, which is significantly lower than SPY's 8.15% return.

GIPR

• 1D: -4.20%
• 1M: -63.97%
• YTD: -73.32%
• 6M: -77.08%
• 1Y: -87.70%
• 3Y*: -63.55%
• 5Y*: —
• 10Y*: —

SPY

• 1D: -1.45%
• 1M: -1.36%
• YTD: 8.15%
• 6M: 7.20%
• 1Y: 23.59%
• 3Y*: 20.68%
• 5Y*: 13.05%
• 10Y*: 15.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GIPR vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GIPR Generation Income Properties, Inc.	-73.32%	-64.78%	-51.11%	-9.17%	-14.58%	-27.58%
SPY State Street SPDR S&P 500 ETF	8.15%	17.72%	24.89%	26.18%	-18.18%	11.20%

Correlation

The correlation between GIPR and SPY is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (All Time) Calculated using the full available price history since Oct 5, 2021	0.11

The correlation between GIPR and SPY shifts across timeframes, from 0.11 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GIPR vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GIPR

GIPR Risk / Return Rank: 9
GIPR Sharpe Ratio Rank: 16
GIPR Sortino Ratio Rank: 9
GIPR Omega Ratio Rank: 10
GIPR Calmar Ratio Rank: 3
GIPR Martin Ratio Rank: 7

SPY

SPY Risk / Return Rank: 59
SPY Sharpe Ratio Rank: 58
SPY Sortino Ratio Rank: 56
SPY Omega Ratio Rank: 57
SPY Calmar Ratio Rank: 56
SPY Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GIPR vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Generation Income Properties, Inc. (GIPR) and State Street 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GIPR	SPY	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	1.90	-2.49
Sortino ratio: Return per unit of downside risk	-1.26	2.58	-3.84
Omega ratio: Gain probability vs. loss probability	0.85	1.34	-0.49
Calmar ratio: Return relative to maximum drawdown	-0.97	2.67	-3.63
Martin ratio: Return relative to average drawdown	-1.46	11.92	-13.38

GIPR vs. SPY - Sharpe Ratio Comparison

The current GIPR Sharpe Ratio is -0.59, which is lower than the SPY Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of GIPR and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GIPR vs. SPY - Drawdown Comparison

The maximum GIPR drawdown since its inception was -97.42%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GIPR and SPY.

Drawdown Indicators

	GIPR	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-97.42%	-55.19%	-42.23%
Max Drawdown (1Y) Largest decline over 1 year	-90.81%	-8.88%	-81.93%
Max Drawdown (3Y) Largest decline over 3 years	-96.26%	-18.76%	-77.50%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.72%	—
Current Drawdown Current decline from peak	-97.42%	-3.17%	-94.25%
Average Drawdown Average peak-to-trough decline	-52.67%	-9.04%	-43.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	60.00%	1.98%	+58.02%

Volatility

GIPR vs. SPY - Volatility Comparison

Generation Income Properties, Inc. (GIPR) has a higher volatility of 56.59% compared to State Street SPDR S&P 500 ETF (SPY) at 4.87%. This indicates that GIPR'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.

Volatility by Period

	GIPR	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	56.59%	4.87%	+51.72%
Volatility (6M) Calculated over the trailing 6-month period	102.75%	9.85%	+92.90%
Volatility (1Y) Calculated over the trailing 1-year period	148.69%	12.50%	+136.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	78.05%	17.15%	+60.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	78.05%	17.95%	+60.10%

Dividends

GIPR vs. SPY - Dividend Comparison

GIPR has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.03%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GIPR Generation Income Properties, Inc.	0.00%	0.00%	12.86%	11.85%	12.46%	2.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPY State Street SPDR S&P 500 ETF	1.03%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Frequently Asked Questions

Can I hold both GIPR and SPY in my portfolio?

GIPR and SPY have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GIPR or SPY?

GIPR has higher volatility (56.59%) compared to SPY (4.87%). In terms of maximum drawdown, GIPR dropped -97.42% vs SPY's -55.19%.

Which has better risk-adjusted returns?

SPY currently has the higher Sharpe Ratio (1.90 vs -0.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.