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 0.38, 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:
-0.57
SPY:
1.97
HEINY:
-0.72
SPY:
2.64
HEINY:
0.91
SPY:
1.36
HEINY:
-0.34
SPY:
2.97
HEINY:
-0.82
SPY:
12.34
HEINY:
18.28%
SPY:
2.03%
HEINY:
25.80%
SPY:
12.68%
HEINY:
-63.71%
SPY:
-55.19%
HEINY:
-28.86%
SPY:
-0.01%
Returns By Period
In the year-to-date period, HEINY achieves a 17.64% return, which is significantly higher than SPY's 4.03% return. Over the past 10 years, HEINY has underperformed SPY with an annualized return of 2.39%, while SPY has yielded a comparatively higher 13.18% annualized return.
HEINY
17.64%
22.23%
-5.47%
-11.47%
-4.55%
2.39%
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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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 2.24%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEINY Heineken NV ADR | 2.24% | 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 | 1.16% | 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
Heineken NV ADR (HEINY) has a higher volatility of 14.85% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that HEINY'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.