HBB vs. SPY
Compare and contrast key facts about Hamilton Beach Brands Holding Company (HBB) 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: HBB or SPY.
Correlation
The correlation between HBB 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
HBB vs. SPY - Performance Comparison
Key characteristics
HBB:
-0.12
SPY:
1.88
HBB:
0.28
SPY:
2.53
HBB:
1.04
SPY:
1.35
HBB:
-0.15
SPY:
2.83
HBB:
-0.30
SPY:
11.74
HBB:
26.43%
SPY:
2.02%
HBB:
64.65%
SPY:
12.64%
HBB:
-81.89%
SPY:
-55.19%
HBB:
-47.28%
SPY:
-0.42%
Returns By Period
In the year-to-date period, HBB achieves a 4.87% return, which is significantly higher than SPY's 4.15% return.
HBB
4.87%
-1.62%
-35.40%
-2.32%
6.57%
N/A
SPY
4.15%
1.22%
10.44%
24.34%
14.62%
13.18%
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Risk-Adjusted Performance
HBB vs. SPY — Risk-Adjusted Performance Rank
HBB
SPY
HBB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Beach Brands Holding Company (HBB) 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
HBB vs. SPY - Dividend Comparison
HBB's dividend yield for the trailing twelve months is around 2.58%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HBB Hamilton Beach Brands Holding Company | 2.58% | 2.70% | 2.49% | 3.35% | 2.75% | 2.11% | 1.86% | 1.45% | 0.33% | 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
HBB vs. SPY - Drawdown Comparison
The maximum HBB drawdown since its inception was -81.89%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HBB and SPY. For additional features, visit the drawdowns tool.
Volatility
HBB vs. SPY - Volatility Comparison
Hamilton Beach Brands Holding Company (HBB) has a higher volatility of 11.43% compared to SPDR S&P 500 ETF (SPY) at 2.93%. This indicates that HBB'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.