Correlation
The correlation between ICAGY and SPY is 0.34, 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.
ICAGY vs. SPY
Compare and contrast key facts about International Consolidated Airlines Group, S.A. (ICAGY) 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: ICAGY or SPY.
Performance
ICAGY vs. SPY - Performance Comparison
Loading data...
Key characteristics
ICAGY:
2.99
SPY:
0.70
ICAGY:
3.19
SPY:
1.02
ICAGY:
1.43
SPY:
1.15
ICAGY:
1.87
SPY:
0.68
ICAGY:
9.32
SPY:
2.57
ICAGY:
10.66%
SPY:
4.93%
ICAGY:
35.13%
SPY:
20.42%
ICAGY:
-85.07%
SPY:
-55.19%
ICAGY:
-4.04%
SPY:
-3.55%
Returns By Period
In the year-to-date period, ICAGY achieves a 15.45% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, ICAGY has underperformed SPY with an annualized return of 4.51%, while SPY has yielded a comparatively higher 12.73% annualized return.
ICAGY
15.45%
23.55%
31.67%
102.71%
40.11%
25.84%
4.51%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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
ICAGY vs. SPY — Risk-Adjusted Performance Rank
ICAGY
SPY
ICAGY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for International Consolidated Airlines Group, S.A. (ICAGY) 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.
Loading data...
Dividends
ICAGY vs. SPY - Dividend Comparison
ICAGY's dividend yield for the trailing twelve months is around 0.77%, less than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICAGY International Consolidated Airlines Group, S.A. | 0.77% | 0.89% | 0.00% | 0.00% | 0.00% | 15.04% | 13.37% | 6.55% | 4.86% | 6.43% | 1.84% | 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
ICAGY vs. SPY - Drawdown Comparison
The maximum ICAGY drawdown since its inception was -85.07%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ICAGY and SPY.
Loading data...
Volatility
ICAGY vs. SPY - Volatility Comparison
International Consolidated Airlines Group, S.A. (ICAGY) has a higher volatility of 10.40% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that ICAGY'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.
Loading data...