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 0.24, 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
Key characteristics
ICP-USD:
-0.46
SPY:
1.91
ICP-USD:
-0.19
SPY:
2.57
ICP-USD:
0.98
SPY:
1.35
ICP-USD:
0.00
SPY:
2.88
ICP-USD:
-1.57
SPY:
11.96
ICP-USD:
28.08%
SPY:
2.03%
ICP-USD:
78.93%
SPY:
12.68%
ICP-USD:
-99.32%
SPY:
-55.19%
ICP-USD:
-98.42%
SPY:
0.00%
Returns By Period
In the year-to-date period, ICP-USD achieves a -31.59% return, which is significantly lower than SPY's 4.34% return.
ICP-USD
-31.59%
-31.60%
-7.36%
-53.72%
N/A
N/A
SPY
4.34%
2.33%
10.15%
23.99%
14.44%
13.21%
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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.
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 22.92% compared to SPDR S&P 500 ETF (SPY) at 3.00%. 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.