GPRO vs. SPYV

Last updated Jun 4, 2026

GPRO (GoPro, Inc.) is a stock, while SPYV (SPDR Portfolio S&P 500 Value ETF) is S&P 500 fund tracking the S&P 500 Value. Over the past 10 years, GPRO returned -20.77%/yr vs 11.90%/yr for SPYV. At a 0.37 correlation, their price movements are largely independent.

Performance

GPRO vs. SPYV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GoPro, Inc. (GPRO) and SPDR Portfolio S&P 500 Value ETF (SPYV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GPRO achieves a -25.89% return, which is significantly lower than SPYV's 7.46% return. Over the past 10 years, GPRO has underperformed SPYV with an annualized return of -20.77%, while SPYV has yielded a comparatively higher 11.90% annualized return.

GPRO

• 1D: -8.73%
• 1M: -27.43%
• YTD: -25.89%
• 6M: -43.51%
• 1Y: 57.14%
• 3Y*: -37.55%
• 5Y*: -37.59%
• 10Y*: -20.77%

SPYV

• 1D: -0.36%
• 1M: 2.22%
• YTD: 7.46%
• 6M: 7.77%
• 1Y: 21.26%
• 3Y*: 15.72%
• 5Y*: 10.68%
• 10Y*: 11.90%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GPRO vs. SPYV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GPRO GoPro, Inc.	-25.89%	29.36%	-68.59%	-30.32%	-51.70%	24.52%	90.78%	2.36%	-43.99%	-13.09%
SPYV SPDR Portfolio S&P 500 Value ETF	7.46%	13.18%	12.24%	22.20%	-5.28%	24.91%	1.38%	31.70%	-9.01%	15.40%

Correlation

The correlation between GPRO and SPYV is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jun 27, 2014	0.37

The correlation between GPRO and SPYV shifts across timeframes, from 0.31 (1 year) to 0.47 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GPRO vs. SPYV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GPRO

GPRO Risk / Return Rank: 60
GPRO Sharpe Ratio Rank: 57
GPRO Sortino Ratio Rank: 69
GPRO Omega Ratio Rank: 64
GPRO Calmar Ratio Rank: 57
GPRO Martin Ratio Rank: 54

SPYV

SPYV Risk / Return Rank: 66
SPYV Sharpe Ratio Rank: 63
SPYV Sortino Ratio Rank: 64
SPYV Omega Ratio Rank: 63
SPYV Calmar Ratio Rank: 68
SPYV Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GPRO vs. SPYV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GoPro, Inc. (GPRO) and SPDR Portfolio S&P 500 Value ETF (SPYV). 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.

	GPRO	SPYV	Difference
Sharpe ratio: Return per unit of total volatility	0.49	2.17	-1.69
Sortino ratio: Return per unit of downside risk	1.68	3.05	-1.37
Omega ratio: Gain probability vs. loss probability	1.19	1.39	-0.20
Calmar ratio: Return relative to maximum drawdown	0.73	3.43	-2.70
Martin ratio: Return relative to average drawdown	1.25	13.16	-11.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GPRO vs. SPYV - Sharpe Ratio Comparison

The current GPRO Sharpe Ratio is 0.49, which is lower than the SPYV Sharpe Ratio of 2.17. The chart below compares the historical Sharpe Ratios of GPRO and SPYV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GPRO	SPYV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	2.17	-1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.53	0.75	-1.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.31	0.70	-1.01
Sharpe Ratio (All Time) Calculated using the full available price history	-0.36	0.42	-0.79

Drawdowns

GPRO vs. SPYV - Drawdown Comparison

The maximum GPRO drawdown since its inception was -99.49%, which is greater than SPYV's maximum drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for GPRO and SPYV.

Drawdown Indicators

	GPRO	SPYV	Difference
Max Drawdown Largest peak-to-trough decline	-99.49%	-58.45%	-41.04%
Max Drawdown (1Y) Largest decline over 1 year	-78.28%	-6.22%	-72.06%
Max Drawdown (3Y) Largest decline over 3 years	-88.99%	-17.54%	-71.45%
Max Drawdown (5Y) Largest decline over 5 years	-96.18%	-17.89%	-78.29%
Max Drawdown (10Y) Largest decline over 10 years	-97.19%	-36.89%	-60.30%
Current Drawdown Current decline from peak	-98.89%	-0.57%	-98.32%
Average Drawdown Average peak-to-trough decline	-87.02%	-8.72%	-78.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.88%	1.62%	+44.26%

Volatility

GPRO vs. SPYV - Volatility Comparison

GoPro, Inc. (GPRO) has a higher volatility of 31.79% compared to SPDR Portfolio S&P 500 Value ETF (SPYV) at 1.98%. This indicates that GPRO's price experiences larger fluctuations and is considered to be riskier than SPYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GPRO	SPYV	Difference
Volatility (1M) Calculated over the trailing 1-month period	31.79%	1.98%	+29.81%
Volatility (6M) Calculated over the trailing 6-month period	76.08%	7.04%	+69.04%
Volatility (1Y) Calculated over the trailing 1-year period	118.12%	9.84%	+108.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.59%	14.40%	+57.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.37%	16.94%	+50.43%

Dividends

GPRO vs. SPYV - Dividend Comparison

GPRO has not paid dividends to shareholders, while SPYV's dividend yield for the trailing twelve months is around 1.70%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GPRO GoPro, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPYV SPDR Portfolio S&P 500 Value ETF	1.70%	1.77%	2.29%	1.75%	2.22%	2.10%	2.38%	2.25%	2.97%	2.77%	2.39%	2.53%

Frequently Asked Questions

Can I hold both GPRO and SPYV in my portfolio?

GPRO and SPYV have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GPRO or SPYV?

GPRO has higher volatility (31.79%) compared to SPYV (1.98%). In terms of maximum drawdown, GPRO dropped -99.49% vs SPYV's -58.45%.

Which has better risk-adjusted returns?

SPYV currently has the higher Sharpe Ratio (2.17 vs 0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.