GOODN vs. SPY
Compare and contrast key facts about Gladstone Commercial Corporation (GOODN) 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: GOODN or SPY.
Correlation
The correlation between GOODN and SPY is 0.15, 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
GOODN vs. SPY - Performance Comparison
Key characteristics
GOODN:
0.62
SPY:
1.88
GOODN:
0.98
SPY:
2.53
GOODN:
1.13
SPY:
1.35
GOODN:
0.82
SPY:
2.83
GOODN:
1.84
SPY:
11.74
GOODN:
5.65%
SPY:
2.02%
GOODN:
16.83%
SPY:
12.64%
GOODN:
-56.43%
SPY:
-55.19%
GOODN:
-5.22%
SPY:
-0.42%
Returns By Period
In the year-to-date period, GOODN achieves a 1.39% return, which is significantly lower than SPY's 4.15% return.
GOODN
1.39%
0.24%
1.21%
9.32%
3.78%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
GOODN vs. SPY — Risk-Adjusted Performance Rank
GOODN
SPY
GOODN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gladstone Commercial Corporation (GOODN) 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
GOODN vs. SPY - Dividend Comparison
GOODN's dividend yield for the trailing twelve months is around 7.32%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOODN Gladstone Commercial Corporation | 7.32% | 7.33% | 8.03% | 7.27% | 6.32% | 6.54% | 1.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GOODN vs. SPY - Drawdown Comparison
The maximum GOODN drawdown since its inception was -56.43%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GOODN and SPY. For additional features, visit the drawdowns tool.
Volatility
GOODN vs. SPY - Volatility Comparison
Gladstone Commercial Corporation (GOODN) has a higher volatility of 3.23% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that GOODN'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.