IBEX vs. SPY
Compare and contrast key facts about IBEX Limited (IBEX) 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: IBEX or SPY.
Correlation
The correlation between IBEX and SPY is 0.26, 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
IBEX vs. SPY - Performance Comparison
Key characteristics
IBEX:
2.12
SPY:
1.87
IBEX:
3.16
SPY:
2.52
IBEX:
1.38
SPY:
1.35
IBEX:
1.42
SPY:
2.81
IBEX:
11.69
SPY:
11.69
IBEX:
6.81%
SPY:
2.02%
IBEX:
37.63%
SPY:
12.65%
IBEX:
-56.04%
SPY:
-55.19%
IBEX:
-9.75%
SPY:
0.00%
Returns By Period
In the year-to-date period, IBEX achieves a 24.48% return, which is significantly higher than SPY's 4.58% return.
IBEX
24.48%
20.88%
58.28%
84.74%
N/A
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
IBEX vs. SPY — Risk-Adjusted Performance Rank
IBEX
SPY
IBEX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IBEX Limited (IBEX) 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
IBEX vs. SPY - Dividend Comparison
IBEX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.15%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBEX IBEX Limited | 0.00% | 0.00% | 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 | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IBEX vs. SPY - Drawdown Comparison
The maximum IBEX drawdown since its inception was -56.04%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IBEX and SPY. For additional features, visit the drawdowns tool.
Volatility
IBEX vs. SPY - Volatility Comparison
IBEX Limited (IBEX) has a higher volatility of 12.08% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that IBEX'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.