GME vs. SPY
Compare and contrast key facts about GameStop Corp. (GME) 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: GME or SPY.
Performance
GME vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, GME achieves a 51.68% return, which is significantly higher than SPY's 24.40% return. Both investments have delivered pretty close results over the past 10 years, with GME having a 12.61% annualized return and SPY not far ahead at 13.04%.
GME
51.68%
22.76%
19.72%
112.21%
78.60%
12.61%
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| GME | SPY | |
|---|---|---|
| Sharpe Ratio | 0.66 | 2.64 |
| Sortino Ratio | 2.24 | 3.53 |
| Omega Ratio | 1.33 | 1.49 |
| Calmar Ratio | 1.13 | 3.81 |
| Martin Ratio | 2.46 | 17.21 |
| Ulcer Index | 40.89% | 1.86% |
| Daily Std Dev | 152.09% | 12.15% |
| Max Drawdown | -93.43% | -55.19% |
| Current Drawdown | -69.39% | -2.17% |
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Correlation
The correlation between GME and SPY is 0.40, 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.
Risk-Adjusted Performance
GME vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GameStop Corp. (GME) 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
GME vs. SPY - Dividend Comparison
GME has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GME GameStop Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 6.25% | 12.04% | 8.47% | 5.86% | 5.14% | 3.91% | 2.23% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
GME vs. SPY - Drawdown Comparison
The maximum GME drawdown since its inception was -93.43%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GME and SPY. For additional features, visit the drawdowns tool.
Volatility
GME vs. SPY - Volatility Comparison
GameStop Corp. (GME) has a higher volatility of 16.98% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that GME'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.