GOOD vs. SPY
Compare and contrast key facts about Gladstone Commercial Corporation (GOOD) 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: GOOD or SPY.
Correlation
The correlation between GOOD and SPY is 0.38, 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
GOOD vs. SPY - Performance Comparison
Key characteristics
GOOD:
1.57
SPY:
2.20
GOOD:
2.27
SPY:
2.91
GOOD:
1.28
SPY:
1.41
GOOD:
0.77
SPY:
3.35
GOOD:
8.37
SPY:
13.99
GOOD:
4.03%
SPY:
2.01%
GOOD:
21.54%
SPY:
12.79%
GOOD:
-67.22%
SPY:
-55.19%
GOOD:
-18.69%
SPY:
-1.35%
Returns By Period
In the year-to-date period, GOOD achieves a 0.43% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, GOOD has underperformed SPY with an annualized return of 7.68%, while SPY has yielded a comparatively higher 13.44% annualized return.
GOOD
0.43%
2.51%
18.10%
32.43%
1.98%
7.68%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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Risk-Adjusted Performance
GOOD vs. SPY — Risk-Adjusted Performance Rank
GOOD
SPY
GOOD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gladstone Commercial Corporation (GOOD) 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
GOOD vs. SPY - Dividend Comparison
GOOD's dividend yield for the trailing twelve months is around 7.36%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOD Gladstone Commercial Corporation | 7.36% | 7.39% | 9.06% | 8.13% | 5.83% | 8.34% | 6.86% | 8.37% | 7.12% | 7.46% | 10.28% | 8.74% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GOOD vs. SPY - Drawdown Comparison
The maximum GOOD drawdown since its inception was -67.22%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GOOD and SPY. For additional features, visit the drawdowns tool.
Volatility
GOOD vs. SPY - Volatility Comparison
Gladstone Commercial Corporation (GOOD) has a higher volatility of 5.74% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that GOOD'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.