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:
0.74
SPY:
0.51
GOODN:
1.12
SPY:
0.86
GOODN:
1.16
SPY:
1.13
GOODN:
1.08
SPY:
0.55
GOODN:
2.94
SPY:
2.26
GOODN:
4.34%
SPY:
4.55%
GOODN:
17.30%
SPY:
20.08%
GOODN:
-56.43%
SPY:
-55.19%
GOODN:
-5.29%
SPY:
-9.89%
Returns By Period
In the year-to-date period, GOODN achieves a 1.32% return, which is significantly higher than SPY's -5.76% return.
GOODN
1.32%
-1.34%
-4.87%
9.61%
10.31%
N/A
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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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 7.41%, more than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOODN Gladstone Commercial Corporation | 7.41% | 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 | 1.30% | 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
The current volatility for Gladstone Commercial Corporation (GOODN) is 7.62%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that GOODN 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.