IDCC vs. SPY
Compare and contrast key facts about InterDigital, Inc. (IDCC) 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: IDCC or SPY.
Correlation
The correlation between IDCC and SPY is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IDCC vs. SPY - Performance Comparison
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Key characteristics
IDCC:
2.95
SPY:
0.68
IDCC:
4.28
SPY:
1.09
IDCC:
1.57
SPY:
1.16
IDCC:
5.51
SPY:
0.73
IDCC:
18.18
SPY:
2.81
IDCC:
5.61%
SPY:
4.88%
IDCC:
34.60%
SPY:
20.30%
IDCC:
-94.15%
SPY:
-55.19%
IDCC:
-3.40%
SPY:
-2.66%
Returns By Period
In the year-to-date period, IDCC achieves a 12.83% return, which is significantly higher than SPY's 1.80% return. Over the past 10 years, IDCC has outperformed SPY with an annualized return of 16.44%, while SPY has yielded a comparatively lower 12.75% annualized return.
IDCC
12.83%
14.84%
19.25%
101.07%
56.24%
33.69%
16.44%
SPY
1.80%
13.00%
1.78%
13.78%
16.84%
16.59%
12.75%
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Risk-Adjusted Performance
IDCC vs. SPY — Risk-Adjusted Performance Rank
IDCC
SPY
IDCC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for InterDigital, Inc. (IDCC) 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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Dividends
IDCC vs. SPY - Dividend Comparison
IDCC's dividend yield for the trailing twelve months is around 0.87%, less than SPY's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDCC InterDigital, Inc. | 0.87% | 0.85% | 1.34% | 2.83% | 1.95% | 2.31% | 2.57% | 2.11% | 1.64% | 0.99% | 1.63% | 1.13% |
SPY SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IDCC vs. SPY - Drawdown Comparison
The maximum IDCC drawdown since its inception was -94.15%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IDCC and SPY. For additional features, visit the drawdowns tool.
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Volatility
IDCC vs. SPY - Volatility Comparison
InterDigital, Inc. (IDCC) has a higher volatility of 8.06% compared to SPDR S&P 500 ETF (SPY) at 5.51%. This indicates that IDCC'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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