HPE vs. SPY
Compare and contrast key facts about Hewlett Packard Enterprise Company (HPE) 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: HPE or SPY.
Performance
HPE vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, HPE achieves a 27.31% return, which is significantly higher than SPY's 25.41% return.
HPE
27.31%
6.06%
18.24%
39.48%
7.91%
N/A
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| HPE | SPY | |
|---|---|---|
| Sharpe Ratio | 1.03 | 2.62 |
| Sortino Ratio | 1.63 | 3.50 |
| Omega Ratio | 1.22 | 1.49 |
| Calmar Ratio | 1.43 | 3.78 |
| Martin Ratio | 3.91 | 17.00 |
| Ulcer Index | 9.63% | 1.87% |
| Daily Std Dev | 36.43% | 12.14% |
| Max Drawdown | -56.88% | -55.19% |
| Current Drawdown | -3.90% | -1.38% |
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Correlation
The correlation between HPE and SPY is 0.59, 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.
Risk-Adjusted Performance
HPE vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hewlett Packard Enterprise Company (HPE) 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
HPE vs. SPY - Dividend Comparison
HPE's dividend yield for the trailing twelve months is around 2.46%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HPE Hewlett Packard Enterprise Company | 2.46% | 2.89% | 3.01% | 3.04% | 4.05% | 2.89% | 3.13% | 1.59% | 1.40% | 0.36% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
HPE vs. SPY - Drawdown Comparison
The maximum HPE drawdown since its inception was -56.88%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HPE and SPY. For additional features, visit the drawdowns tool.
Volatility
HPE vs. SPY - Volatility Comparison
Hewlett Packard Enterprise Company (HPE) has a higher volatility of 10.53% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that HPE'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.