GNE vs. SPY
GNE (Genie Energy Ltd.) 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 10 years, GNE returned 12.06%/yr vs 15.07%/yr for SPY. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
GNE vs. SPY - Performance Comparison
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Returns By Period
In the year-to-date period, GNE achieves a 2.01% return, which is significantly lower than SPY's 10.13% return. Over the past 10 years, GNE has underperformed SPY with an annualized return of 12.06%, while SPY has yielded a comparatively higher 15.07% annualized return.
GNE
- 1D
- -1.49%
- 1M
- -4.86%
- 6M
- 2.09%
- YTD
- 2.01%
- 1Y
- -29.70%
- 3Y*
- 3.13%
- 5Y*
- 21.91%
- 10Y*
- 12.06%
- ALL TIME*
- 6.48%
SPY
- 1D
- 0.72%
- 1M
- 0.30%
- 6M
- 8.53%
- YTD
- 10.13%
- 1Y
- 21.49%
- 3Y*
- 19.32%
- 5Y*
- 12.76%
- 10Y*
- 15.07%
- ALL TIME*
- 10.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $950.33K | $1.11M | $1.18M | |
| $37.27B | $35.99B | $39.23B |
GNE vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GNE Genie Energy Ltd. | 2.01% | -9.91% | -43.56% | 177.26% | 95.26% | -21.65% | -2.76% | 32.91% | 46.22% | -20.42% |
SPY State Street SPDR S&P 500 ETF | 10.13% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Correlation
The correlation between GNE and SPY is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.21 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 2011 | 0.26 |
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Return for Risk
GNE vs. SPY — Risk / Return Rank
GNE
SPY
GNE vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Genie Energy Ltd. (GNE) 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.
| GNE | SPY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.39 | ||
| Sortino ratioReturn per unit of downside risk | -3.14 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.27 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.84 | 2.20 | -3.04 |
| Martin ratioReturn relative to average drawdown | -1.03 | 9.40 | -10.43 |
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Drawdowns
GNE vs. SPY - Drawdown Comparison
The maximum GNE drawdown since its inception was -75.12%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GNE and SPY.
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Drawdown Indicators
| GNE | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.12% | -55.19% | -19.93% |
Max Drawdown (1Y)Largest decline over 1 year | -36.02% | -8.88% | -27.14% |
Max Drawdown (3Y)Largest decline over 3 years | -55.52% | -18.76% | -36.76% |
Max Drawdown (5Y)Largest decline over 5 years | -55.52% | -24.50% | -31.02% |
Max Drawdown (10Y)Largest decline over 10 years | -57.65% | -33.72% | -23.93% |
Current DrawdownCurrent decline from peak | -52.33% | -1.40% | -50.93% |
Average DrawdownAverage peak-to-trough decline | -43.33% | -9.01% | -34.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.21% | 2.08% | +27.13% |
Volatility
GNE vs. SPY - Volatility Comparison
Genie Energy Ltd. (GNE) has a higher volatility of 6.13% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that GNE'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.
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Volatility by Period
| GNE | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.13% | 3.58% | +2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 19.98% | 10.14% | +9.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.65% | 12.89% | +21.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.68% | 17.18% | +25.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.69% | 17.95% | +26.74% |
Dividends
GNE vs. SPY - Dividend Comparison
GNE's dividend yield for the trailing twelve months is around 2.16%, more than SPY's 1.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNE Genie Energy Ltd. | 2.16% | 2.18% | 1.92% | 1.07% | 3.72% | 1.44% | 4.58% | 3.88% | 4.98% | 6.88% | 4.17% | 1.08% |
SPY State Street SPDR S&P 500 ETF | 1.01% | 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
GNE and SPY have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GNE has higher volatility (6.13%) compared to SPY (3.58%). In terms of maximum drawdown, GNE dropped -75.12% vs SPY's -55.19%.
SPY currently has the higher Sharpe Ratio (1.52 vs -0.87), 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.
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