GLOB vs. SPY
Compare and contrast key facts about Globant S.A. (GLOB) 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: GLOB or SPY.
Correlation
The correlation between GLOB and SPY is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GLOB vs. SPY - Performance Comparison
Key characteristics
GLOB:
-0.14
SPY:
2.21
GLOB:
0.06
SPY:
2.93
GLOB:
1.01
SPY:
1.41
GLOB:
-0.09
SPY:
3.26
GLOB:
-0.24
SPY:
14.43
GLOB:
20.60%
SPY:
1.90%
GLOB:
36.86%
SPY:
12.41%
GLOB:
-61.33%
SPY:
-55.19%
GLOB:
-37.51%
SPY:
-2.74%
Returns By Period
In the year-to-date period, GLOB achieves a -6.93% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, GLOB has outperformed SPY with an annualized return of 31.30%, while SPY has yielded a comparatively lower 12.97% annualized return.
GLOB
-6.93%
2.68%
28.73%
-5.78%
15.91%
31.30%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
GLOB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Globant S.A. (GLOB) 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
GLOB vs. SPY - Dividend Comparison
GLOB has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLOB Globant S.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
GLOB vs. SPY - Drawdown Comparison
The maximum GLOB drawdown since its inception was -61.33%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GLOB and SPY. For additional features, visit the drawdowns tool.
Volatility
GLOB vs. SPY - Volatility Comparison
Globant S.A. (GLOB) has a higher volatility of 10.12% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that GLOB'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.