GT vs. SPLG
Compare and contrast key facts about The Goodyear Tire & Rubber Company (GT) and SPDR Portfolio S&P 500 ETF (SPLG).
SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GT or SPLG.
Performance
GT vs. SPLG - Performance Comparison
Returns By Period
In the year-to-date period, GT achieves a -35.13% return, which is significantly lower than SPLG's 26.18% return. Over the past 10 years, GT has underperformed SPLG with an annualized return of -9.02%, while SPLG has yielded a comparatively higher 13.24% annualized return.
GT
-35.13%
13.43%
-23.98%
-34.07%
-10.06%
-9.02%
SPLG
26.18%
1.78%
13.64%
32.35%
15.70%
13.24%
Key characteristics
| GT | SPLG | |
|---|---|---|
| Sharpe Ratio | -0.77 | 2.71 |
| Sortino Ratio | -0.93 | 3.61 |
| Omega Ratio | 0.88 | 1.50 |
| Calmar Ratio | -0.39 | 3.89 |
| Martin Ratio | -1.20 | 17.55 |
| Ulcer Index | 27.93% | 1.87% |
| Daily Std Dev | 43.79% | 12.11% |
| Max Drawdown | -94.50% | -54.50% |
| Current Drawdown | -83.61% | -0.84% |
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Correlation
The correlation between GT and SPLG is 0.53, 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.
Risk-Adjusted Performance
GT vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Goodyear Tire & Rubber Company (GT) and SPDR Portfolio S&P 500 ETF (SPLG). 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
GT vs. SPLG - Dividend Comparison
GT has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GT The Goodyear Tire & Rubber Company | 0.00% | 0.00% | 0.00% | 0.00% | 1.47% | 4.11% | 2.84% | 1.36% | 1.00% | 0.95% | 0.77% | 0.21% |
SPLG SPDR Portfolio S&P 500 ETF | 1.23% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
GT vs. SPLG - Drawdown Comparison
The maximum GT drawdown since its inception was -94.50%, which is greater than SPLG's maximum drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for GT and SPLG. For additional features, visit the drawdowns tool.
Volatility
GT vs. SPLG - Volatility Comparison
The Goodyear Tire & Rubber Company (GT) has a higher volatility of 17.08% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.98%. This indicates that GT's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.