ICP-USD vs. SPY
Compare and contrast key facts about Internet Computer (ICP-USD) 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: ICP-USD or SPY.
Correlation
The correlation between ICP-USD and SPY is 0.31, 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
ICP-USD vs. SPY - Performance Comparison
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Key characteristics
ICP-USD:
-0.56
SPY:
0.50
ICP-USD:
0.17
SPY:
0.88
ICP-USD:
1.02
SPY:
1.13
ICP-USD:
0.00
SPY:
0.56
ICP-USD:
-0.65
SPY:
2.17
ICP-USD:
42.57%
SPY:
4.85%
ICP-USD:
76.31%
SPY:
20.02%
ICP-USD:
-99.32%
SPY:
-55.19%
ICP-USD:
-98.65%
SPY:
-7.65%
Returns By Period
In the year-to-date period, ICP-USD achieves a -41.59% return, which is significantly lower than SPY's -3.42% return.
ICP-USD
-41.59%
14.26%
-35.97%
-51.43%
N/A
N/A
SPY
-3.42%
5.69%
-5.06%
9.73%
16.26%
12.24%
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Risk-Adjusted Performance
ICP-USD vs. SPY — Risk-Adjusted Performance Rank
ICP-USD
SPY
ICP-USD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Internet Computer (ICP-USD) 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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Drawdowns
ICP-USD vs. SPY - Drawdown Comparison
The maximum ICP-USD drawdown since its inception was -99.32%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ICP-USD and SPY. For additional features, visit the drawdowns tool.
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Volatility
ICP-USD vs. SPY - Volatility Comparison
Internet Computer (ICP-USD) has a higher volatility of 20.13% compared to SPDR S&P 500 ETF (SPY) at 7.48%. This indicates that ICP-USD'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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