GSL vs. SPY
Compare and contrast key facts about Global Ship Lease, Inc. (GSL) 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: GSL or SPY.
Correlation
The correlation between GSL and SPY is 0.28, 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
GSL vs. SPY - Performance Comparison
Key characteristics
GSL:
0.70
SPY:
1.75
GSL:
1.12
SPY:
2.36
GSL:
1.14
SPY:
1.32
GSL:
0.36
SPY:
2.66
GSL:
1.25
SPY:
11.01
GSL:
15.80%
SPY:
2.03%
GSL:
28.27%
SPY:
12.77%
GSL:
-94.83%
SPY:
-55.19%
GSL:
-43.81%
SPY:
-2.12%
Returns By Period
In the year-to-date period, GSL achieves a 3.80% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, GSL has underperformed SPY with an annualized return of -2.46%, while SPY has yielded a comparatively higher 12.97% annualized return.
GSL
3.80%
5.74%
-8.02%
19.06%
31.99%
-2.46%
SPY
2.36%
-1.61%
7.41%
19.65%
15.00%
12.97%
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Risk-Adjusted Performance
GSL vs. SPY — Risk-Adjusted Performance Rank
GSL
SPY
GSL vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Ship Lease, Inc. (GSL) 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
GSL vs. SPY - Dividend Comparison
GSL's dividend yield for the trailing twelve months is around 5.63%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSL Global Ship Lease, Inc. | 5.63% | 7.56% | 7.57% | 8.26% | 3.27% | 0.00% | 6.19% | 0.00% | 0.00% | 0.00% | 10.80% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GSL vs. SPY - Drawdown Comparison
The maximum GSL drawdown since its inception was -94.83%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GSL and SPY. For additional features, visit the drawdowns tool.
Volatility
GSL vs. SPY - Volatility Comparison
Global Ship Lease, Inc. (GSL) has a higher volatility of 5.59% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that GSL'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.