GNE vs. SPY
Compare and contrast key facts about Genie Energy Ltd. (GNE) 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: GNE or SPY.
Correlation
The correlation between GNE and SPY is 0.27, 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
GNE vs. SPY - Performance Comparison
Key characteristics
GNE:
-0.68
SPY:
1.87
GNE:
-0.78
SPY:
2.52
GNE:
0.90
SPY:
1.35
GNE:
-0.40
SPY:
2.81
GNE:
-1.27
SPY:
11.69
GNE:
17.00%
SPY:
2.02%
GNE:
31.65%
SPY:
12.65%
GNE:
-75.12%
SPY:
-55.19%
GNE:
-51.97%
SPY:
0.00%
Returns By Period
In the year-to-date period, GNE achieves a -7.40% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, GNE has underperformed SPY with an annualized return of 10.68%, while SPY has yielded a comparatively higher 13.23% annualized return.
GNE
-7.40%
-2.33%
-10.48%
-17.65%
14.26%
10.68%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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Risk-Adjusted Performance
GNE vs. SPY — Risk-Adjusted Performance Rank
GNE
SPY
GNE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genie Energy Ltd. (GNE) 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
GNE vs. SPY - Dividend Comparison
GNE's dividend yield for the trailing twelve months is around 2.09%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNE Genie Energy Ltd. | 2.09% | 1.92% | 1.07% | 2.90% | 0.00% | 4.58% | 3.88% | 4.98% | 6.88% | 4.17% | 1.08% | 0.97% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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. For additional features, visit the drawdowns tool.
Volatility
GNE vs. SPY - Volatility Comparison
Genie Energy Ltd. (GNE) has a higher volatility of 6.90% compared to SPDR S&P 500 ETF (SPY) at 3.00%. 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.