Correlation
The correlation between HTCR and SPY is 0.17, 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.
HTCR vs. SPY
Compare and contrast key facts about HeartCore Enterprises Inc (HTCR) 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: HTCR or SPY.
Performance
HTCR vs. SPY - Performance Comparison
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Key characteristics
HTCR:
-0.10
SPY:
0.70
HTCR:
0.66
SPY:
1.02
HTCR:
1.08
SPY:
1.15
HTCR:
-0.20
SPY:
0.68
HTCR:
-0.42
SPY:
2.57
HTCR:
42.72%
SPY:
4.93%
HTCR:
122.95%
SPY:
20.42%
HTCR:
-91.52%
SPY:
-55.19%
HTCR:
-85.98%
SPY:
-3.55%
Returns By Period
In the year-to-date period, HTCR achieves a -63.65% return, which is significantly lower than SPY's 0.87% return.
HTCR
-63.65%
16.76%
-60.96%
-11.77%
-17.15%
N/A
N/A
SPY
0.87%
6.28%
-1.56%
14.21%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
HTCR vs. SPY — Risk-Adjusted Performance Rank
HTCR
SPY
HTCR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HeartCore Enterprises Inc (HTCR) 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.
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Dividends
HTCR vs. SPY - Dividend Comparison
HTCR's dividend yield for the trailing twelve months is around 3.03%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTCR HeartCore Enterprises Inc | 3.03% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
HTCR vs. SPY - Drawdown Comparison
The maximum HTCR drawdown since its inception was -91.52%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for HTCR and SPY.
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Volatility
HTCR vs. SPY - Volatility Comparison
HeartCore Enterprises Inc (HTCR) has a higher volatility of 40.49% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that HTCR'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.
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