HEINY vs. SPY
Compare and contrast key facts about Heineken NV ADR (HEINY) 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: HEINY or SPY.
Correlation
The correlation between HEINY and SPY is 0.37, 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
HEINY vs. SPY - Performance Comparison
Key characteristics
HEINY:
-0.34
SPY:
0.51
HEINY:
-0.35
SPY:
0.86
HEINY:
0.96
SPY:
1.13
HEINY:
-0.21
SPY:
0.55
HEINY:
-0.45
SPY:
2.26
HEINY:
20.04%
SPY:
4.55%
HEINY:
27.15%
SPY:
20.08%
HEINY:
-63.71%
SPY:
-55.19%
HEINY:
-25.34%
SPY:
-9.89%
Returns By Period
In the year-to-date period, HEINY achieves a 23.46% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, HEINY has underperformed SPY with an annualized return of 2.60%, while SPY has yielded a comparatively higher 11.99% annualized return.
HEINY
23.46%
8.58%
1.94%
-10.52%
2.75%
2.60%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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Risk-Adjusted Performance
HEINY vs. SPY — Risk-Adjusted Performance Rank
HEINY
SPY
HEINY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Heineken NV ADR (HEINY) 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
HEINY vs. SPY - Dividend Comparison
HEINY's dividend yield for the trailing twelve months is around 2.13%, more than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEINY Heineken NV ADR | 2.13% | 2.63% | 2.03% | 1.71% | 0.77% | 1.02% | 1.74% | 2.08% | 1.44% | 2.04% | 1.54% | 1.71% |
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
HEINY vs. SPY - Drawdown Comparison
The maximum HEINY drawdown since its inception was -63.71%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HEINY and SPY. For additional features, visit the drawdowns tool.
Volatility
HEINY vs. SPY - Volatility Comparison
The current volatility for Heineken NV ADR (HEINY) is 8.92%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that HEINY 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.