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:
-0.20
SPY:
0.51
GNE:
-0.07
SPY:
0.86
GNE:
0.99
SPY:
1.13
GNE:
-0.11
SPY:
0.55
GNE:
-0.54
SPY:
2.26
GNE:
11.05%
SPY:
4.55%
GNE:
30.13%
SPY:
20.08%
GNE:
-75.12%
SPY:
-55.19%
GNE:
-50.13%
SPY:
-9.89%
Returns By Period
In the year-to-date period, GNE achieves a -3.85% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, GNE has underperformed SPY with an annualized return of 3.80%, while SPY has yielded a comparatively higher 12.04% annualized return.
GNE
-3.85%
-1.52%
-6.01%
-1.98%
15.95%
3.80%
SPY
-5.76%
-2.90%
-4.30%
9.72%
15.64%
12.04%
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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 2.01%, more than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GNE Genie Energy Ltd. | 2.01% | 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 | 1.30% | 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
The current volatility for Genie Energy Ltd. (GNE) is 9.25%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that GNE experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.