HEI-A vs. SPY
Compare and contrast key facts about HEICO Corporation (HEI-A) 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: HEI-A or SPY.
Correlation
The correlation between HEI-A and SPY is 0.49, 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
HEI-A vs. SPY - Performance Comparison
Key characteristics
HEI-A:
0.71
SPY:
0.51
HEI-A:
1.18
SPY:
0.86
HEI-A:
1.16
SPY:
1.13
HEI-A:
1.11
SPY:
0.55
HEI-A:
2.84
SPY:
2.26
HEI-A:
6.98%
SPY:
4.55%
HEI-A:
28.00%
SPY:
20.08%
HEI-A:
-49.70%
SPY:
-55.19%
HEI-A:
-7.87%
SPY:
-9.89%
Returns By Period
In the year-to-date period, HEI-A achieves a 6.76% return, which is significantly higher than SPY's -5.76% return.
HEI-A
6.76%
-5.22%
0.49%
19.24%
23.29%
N/A
SPY
-5.76%
-0.90%
-4.30%
9.72%
15.76%
12.16%
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Risk-Adjusted Performance
HEI-A vs. SPY — Risk-Adjusted Performance Rank
HEI-A
SPY
HEI-A vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI-A) 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
HEI-A vs. SPY - Dividend Comparison
HEI-A's dividend yield for the trailing twelve months is around 0.11%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEI-A HEICO Corporation | 0.11% | 0.11% | 0.14% | 0.15% | 0.13% | 0.14% | 0.16% | 0.17% | 0.10% | 0.25% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
HEI-A vs. SPY - Drawdown Comparison
The maximum HEI-A drawdown since its inception was -49.70%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HEI-A and SPY. For additional features, visit the drawdowns tool.
Volatility
HEI-A vs. SPY - Volatility Comparison
The current volatility for HEICO Corporation (HEI-A) is 12.10%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that HEI-A 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.