HEINY vs. SPYG
HEINY (Heineken NV ADR) is a stock, while SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) is S&P 500 fund tracking the S&P 500 Growth Index. Over the past 10 years, HEINY returned 1.75%/yr vs 17.38%/yr for SPYG. Their 0.32 correlation means their historical movements had little consistent relationship.
Performance
HEINY vs. SPYG - Performance Comparison
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Returns By Period
In the year-to-date period, HEINY achieves a 13.97% return, which is significantly higher than SPYG's 10.06% return. Over the past 10 years, HEINY has underperformed SPYG with an annualized return of 1.75%, while SPYG has yielded a comparatively higher 17.38% annualized return.
HEINY
- 1D
- -0.54%
- 1M
- 4.20%
- 6M
- 12.95%
- YTD
- 13.97%
- 1Y
- 18.47%
- 3Y*
- 0.21%
- 5Y*
- -2.79%
- 10Y*
- 1.75%
- ALL TIME*
- 4.01%
SPYG
- 1D
- 1.45%
- 1M
- -0.05%
- 6M
- 9.50%
- YTD
- 10.06%
- 1Y
- 21.72%
- 3Y*
- 24.04%
- 5Y*
- 13.28%
- 10Y*
- 17.38%
- ALL TIME*
- 7.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
HEINY Heineken NV ADR | $3.02M | $6.83M | $4.80M |
| $321.11M | $273.47M | $308.09M |
HEINY vs. SPYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HEINY Heineken NV ADR | 13.97% | 18.20% | -29.20% | 10.55% | -15.50% | 2.22% | 5.70% | 23.24% | -14.46% | 41.15% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 10.06% | 22.09% | 35.99% | 30.02% | -29.41% | 32.01% | 33.46% | 30.84% | -0.12% | 27.24% |
Correlation
The correlation between HEINY and SPYG is -0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.30 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2012 | 0.32 |
The correlation between HEINY and SPYG shifts across timeframes, from -0.05 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
HEINY vs. SPYG — Risk / Return Rank
HEINY
SPYG
HEINY vs. SPYG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Heineken NV ADR (HEINY) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HEINY | SPYG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.19 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 1.42 | -0.55 |
| Martin ratioReturn relative to average drawdown | 1.87 | 5.17 | -3.30 |
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Drawdowns
HEINY vs. SPYG - Drawdown Comparison
The maximum HEINY drawdown since its inception was -43.42%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for HEINY and SPYG.
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Drawdown Indicators
| HEINY | SPYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.42% | -67.63% | +24.21% |
Max Drawdown (1Y)Largest decline over 1 year | -20.87% | -13.76% | -7.11% |
Max Drawdown (3Y)Largest decline over 3 years | -36.38% | -22.14% | -14.24% |
Max Drawdown (5Y)Largest decline over 5 years | -41.57% | -32.67% | -8.90% |
Max Drawdown (10Y)Largest decline over 10 years | -43.42% | -32.67% | -10.75% |
Current DrawdownCurrent decline from peak | -18.37% | -4.33% | -14.04% |
Average DrawdownAverage peak-to-trough decline | -13.25% | -24.20% | +10.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.70% | 3.78% | +5.92% |
Volatility
HEINY vs. SPYG - Volatility Comparison
Heineken NV ADR (HEINY) has a higher volatility of 6.94% compared to State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) at 6.08%. This indicates that HEINY's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HEINY | SPYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.94% | 6.08% | +0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 17.98% | 14.85% | +3.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.38% | 18.18% | +4.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.68% | 21.50% | +3.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.10% | 20.79% | +2.31% |
Dividends
HEINY vs. SPYG - Dividend Comparison
HEINY's dividend yield for the trailing twelve months is around 2.45%, more than SPYG's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEINY Heineken NV ADR | 2.45% | 2.56% | 2.63% | 2.03% | 1.71% | 0.96% | 0.83% | 1.41% | 1.67% | 1.17% | 1.68% | 1.23% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.49% | 0.52% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% |
Frequently Asked Questions
HEINY and SPYG have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HEINY has higher volatility (6.94%) compared to SPYG (6.08%). In terms of maximum drawdown, HEINY dropped -43.42% vs SPYG's -67.63%.
SPYG currently has the higher Sharpe Ratio (1.08 vs 0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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