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:
0.88
SPY:
0.32
GOOD:
1.42
SPY:
0.51
GOOD:
1.17
SPY:
1.07
GOOD:
0.46
SPY:
0.39
GOOD:
3.09
SPY:
1.52
GOOD:
5.79%
SPY:
3.13%
GOOD:
20.38%
SPY:
14.74%
GOOD:
-67.22%
SPY:
-55.19%
GOOD:
-25.51%
SPY:
-12.17%
Returns By Period
The year-to-date returns for both stocks are quite close, with GOOD having a -7.98% return and SPY slightly lower at -8.15%. Over the past 10 years, GOOD has underperformed SPY with an annualized return of 5.84%, while SPY has yielded a comparatively higher 11.89% annualized return.
GOOD
-7.98%
-6.71%
-5.18%
18.14%
12.31%
5.84%
SPY
-8.15%
-6.68%
-4.88%
4.64%
18.45%
11.89%
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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 8.19%, more than SPY's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOOD Gladstone Commercial Corporation | 8.19% | 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 | 1.34% | 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
The current volatility for Gladstone Commercial Corporation (GOOD) is 6.03%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.47%. This indicates that GOOD 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.