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:
-0.96
SPY:
2.03
GNE:
-1.26
SPY:
2.71
GNE:
0.84
SPY:
1.38
GNE:
-0.60
SPY:
3.09
GNE:
-1.43
SPY:
12.94
GNE:
22.29%
SPY:
2.01%
GNE:
33.23%
SPY:
12.78%
GNE:
-75.12%
SPY:
-55.19%
GNE:
-51.23%
SPY:
-2.14%
Returns By Period
In the year-to-date period, GNE achieves a -5.97% return, which is significantly lower than SPY's 1.14% return. Over the past 10 years, GNE has underperformed SPY with an annualized return of 12.65%, while SPY has yielded a comparatively higher 13.38% annualized return.
GNE
-5.97%
1.31%
-11.92%
-28.19%
17.08%
12.65%
SPY
1.14%
-1.98%
7.12%
26.42%
14.07%
13.38%
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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 2.05%, more than SPY's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNE Genie Energy Ltd. | 2.05% | 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 | 1.19% | 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 8.30% compared to SPDR S&P 500 ETF (SPY) at 5.01%. 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.