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
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Key characteristics
GNE:
0.71
SPY:
0.69
GNE:
1.16
SPY:
1.17
GNE:
1.14
SPY:
1.18
GNE:
0.38
SPY:
0.80
GNE:
1.87
SPY:
3.08
GNE:
11.06%
SPY:
4.88%
GNE:
29.24%
SPY:
20.26%
GNE:
-75.12%
SPY:
-55.19%
GNE:
-38.66%
SPY:
-2.76%
Returns By Period
In the year-to-date period, GNE achieves a 18.26% return, which is significantly higher than SPY's 1.69% return. Over the past 10 years, GNE has underperformed SPY with an annualized return of 7.75%, while SPY has yielded a comparatively higher 12.78% annualized return.
GNE
18.26%
22.02%
16.77%
21.55%
20.11%
7.75%
SPY
1.69%
12.88%
2.09%
13.66%
16.78%
12.78%
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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.
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Dividends
GNE vs. SPY - Dividend Comparison
GNE's dividend yield for the trailing twelve months is around 1.23%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNE Genie Energy Ltd. | 1.23% | 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 | 1.21% | 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.
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Volatility
GNE vs. SPY - Volatility Comparison
Genie Energy Ltd. (GNE) has a higher volatility of 7.62% compared to SPDR S&P 500 ETF (SPY) at 5.51%. 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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