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.
Key characteristics
| ICP-USD | SPY | |
|---|---|---|
| YTD Return | -33.60% | 26.77% |
| 1Y Return | 95.62% | 37.43% |
| 3Y Return (Ann) | -43.22% | 10.15% |
| Sharpe Ratio | -0.53 | 3.06 |
| Sortino Ratio | -0.43 | 4.08 |
| Omega Ratio | 0.96 | 1.58 |
| Calmar Ratio | 0.10 | 4.44 |
| Martin Ratio | -1.02 | 20.11 |
| Ulcer Index | 47.86% | 1.85% |
| Daily Std Dev | 88.33% | 12.18% |
| Max Drawdown | -99.32% | -55.19% |
| Current Drawdown | -97.94% | -0.31% |
Correlation
The correlation between ICP-USD and SPY is 0.24, 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
In the year-to-date period, ICP-USD achieves a -33.60% return, which is significantly lower than SPY's 26.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
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.
Volatility
ICP-USD vs. SPY - Volatility Comparison
Internet Computer (ICP-USD) has a higher volatility of 22.81% compared to SPDR S&P 500 ETF (SPY) at 3.93%. 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.