GPS vs. SPY
Compare and contrast key facts about The Gap, Inc. (GPS) 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: GPS or SPY.
Key characteristics
| GPS | SPY | |
|---|---|---|
| YTD Return | 6.31% | 27.16% |
| 1Y Return | 64.91% | 37.73% |
| 3Y Return (Ann) | 0.05% | 10.28% |
| 5Y Return (Ann) | 9.89% | 15.97% |
| 10Y Return (Ann) | -2.17% | 13.38% |
| Sharpe Ratio | 1.58 | 3.25 |
| Sortino Ratio | 2.94 | 4.32 |
| Omega Ratio | 1.32 | 1.61 |
| Calmar Ratio | 1.49 | 4.74 |
| Martin Ratio | 5.57 | 21.51 |
| Ulcer Index | 17.08% | 1.85% |
| Daily Std Dev | 60.32% | 12.20% |
| Max Drawdown | -96.84% | -55.19% |
| Current Drawdown | -32.28% | 0.00% |
Correlation
The correlation between GPS and SPY is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GPS vs. SPY - Performance Comparison
In the year-to-date period, GPS achieves a 6.31% return, which is significantly lower than SPY's 27.16% return. Over the past 10 years, GPS has underperformed SPY with an annualized return of -2.17%, while SPY has yielded a comparatively higher 13.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GPS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Gap, Inc. (GPS) 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
GPS vs. SPY - Dividend Comparison
GPS's dividend yield for the trailing twelve months is around 2.77%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GPS The Gap, Inc. | 2.77% | 2.87% | 5.05% | 2.73% | 2.40% | 5.49% | 3.72% | 2.03% | 5.12% | 3.68% | 2.04% | 1.28% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
GPS vs. SPY - Drawdown Comparison
The maximum GPS drawdown since its inception was -96.84%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GPS and SPY. For additional features, visit the drawdowns tool.
Volatility
GPS vs. SPY - Volatility Comparison
The current volatility for The Gap, Inc. (GPS) is 0.74%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.92%. This indicates that GPS 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.