GRRR vs. SPY
Compare and contrast key facts about Gorilla Technology Group Inc. (GRRR) 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: GRRR or SPY.
Correlation
The correlation between GRRR and SPY is 0.05, 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
GRRR vs. SPY - Performance Comparison
Key characteristics
GRRR:
1.55
SPY:
1.97
GRRR:
2.45
SPY:
2.64
GRRR:
1.30
SPY:
1.36
GRRR:
1.99
SPY:
2.97
GRRR:
4.12
SPY:
12.34
GRRR:
47.94%
SPY:
2.03%
GRRR:
127.51%
SPY:
12.68%
GRRR:
-99.38%
SPY:
-55.19%
GRRR:
-92.66%
SPY:
-0.01%
Returns By Period
In the year-to-date period, GRRR achieves a 47.12% return, which is significantly higher than SPY's 4.03% return.
GRRR
47.12%
97.77%
997.93%
209.42%
N/A
N/A
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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Risk-Adjusted Performance
GRRR vs. SPY — Risk-Adjusted Performance Rank
GRRR
SPY
GRRR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gorilla Technology Group Inc. (GRRR) 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
GRRR vs. SPY - Dividend Comparison
GRRR has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.16%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRRR Gorilla Technology Group 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% |
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
GRRR vs. SPY - Drawdown Comparison
The maximum GRRR drawdown since its inception was -99.38%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GRRR and SPY. For additional features, visit the drawdowns tool.
Volatility
GRRR vs. SPY - Volatility Comparison
Gorilla Technology Group Inc. (GRRR) has a higher volatility of 48.82% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that GRRR'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.