GLEN.L vs. SPY
Compare and contrast key facts about Glencore plc (GLEN.L) 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: GLEN.L or SPY.
Key characteristics
GLEN.L | SPY | |
---|---|---|
YTD Return | -19.97% | 18.37% |
1Y Return | -17.22% | 26.96% |
3Y Return (Ann) | 4.98% | 9.40% |
5Y Return (Ann) | 8.42% | 15.01% |
10Y Return (Ann) | 0.61% | 12.90% |
Sharpe Ratio | -0.68 | 2.14 |
Daily Std Dev | 26.33% | 12.67% |
Max Drawdown | -86.98% | -55.19% |
Current Drawdown | -34.57% | -1.02% |
Correlation
The correlation between GLEN.L and SPY is 0.36, 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
GLEN.L vs. SPY - Performance Comparison
In the year-to-date period, GLEN.L achieves a -19.97% return, which is significantly lower than SPY's 18.37% return. Over the past 10 years, GLEN.L has underperformed SPY with an annualized return of 0.61%, while SPY has yielded a comparatively higher 12.90% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GLEN.L vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Glencore plc (GLEN.L) 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
GLEN.L vs. SPY - Dividend Comparison
GLEN.L's dividend yield for the trailing twelve months is around 2.68%, more than SPY's 1.22% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Glencore plc | 2.68% | 8.71% | 3.83% | 2.31% | 6.71% | 6.74% | 5.12% | 1.58% | 0.00% | 13.11% | 3.45% | 3.33% |
SPDR S&P 500 ETF | 0.94% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
GLEN.L vs. SPY - Drawdown Comparison
The maximum GLEN.L drawdown since its inception was -86.98%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GLEN.L and SPY. For additional features, visit the drawdowns tool.
Volatility
GLEN.L vs. SPY - Volatility Comparison
Glencore plc (GLEN.L) has a higher volatility of 8.74% compared to SPDR S&P 500 ETF (SPY) at 3.91%. This indicates that GLEN.L'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.