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IDYA vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


IDYASPY
YTD Return-15.71%26.49%
1Y Return-3.01%38.06%
3Y Return (Ann)8.29%9.93%
5Y Return (Ann)39.06%15.84%
Sharpe Ratio0.063.11
Sortino Ratio0.414.14
Omega Ratio1.051.58
Calmar Ratio0.064.54
Martin Ratio0.1420.57
Ulcer Index18.17%1.86%
Daily Std Dev45.16%12.29%
Max Drawdown-74.64%-55.19%
Current Drawdown-36.37%0.00%

Correlation

-0.50.00.51.00.3

The correlation between IDYA and SPY is 0.29, 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

IDYA vs. SPY - Performance Comparison

In the year-to-date period, IDYA achieves a -15.71% return, which is significantly lower than SPY's 26.49% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-27.16%
15.08%
IDYA
SPY

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Risk-Adjusted Performance

IDYA vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for IDEAYA Biosciences, Inc. (IDYA) 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.


IDYA
Sharpe ratio
The chart of Sharpe ratio for IDYA, currently valued at 0.06, compared to the broader market-4.00-2.000.002.004.000.06
Sortino ratio
The chart of Sortino ratio for IDYA, currently valued at 0.41, compared to the broader market-4.00-2.000.002.004.006.000.41
Omega ratio
The chart of Omega ratio for IDYA, currently valued at 1.05, compared to the broader market0.501.001.502.001.05
Calmar ratio
The chart of Calmar ratio for IDYA, currently valued at 0.06, compared to the broader market0.002.004.006.000.06
Martin ratio
The chart of Martin ratio for IDYA, currently valued at 0.14, compared to the broader market-10.000.0010.0020.0030.000.14
SPY
Sharpe ratio
The chart of Sharpe ratio for SPY, currently valued at 3.11, compared to the broader market-4.00-2.000.002.004.003.11
Sortino ratio
The chart of Sortino ratio for SPY, currently valued at 4.14, compared to the broader market-4.00-2.000.002.004.006.004.14
Omega ratio
The chart of Omega ratio for SPY, currently valued at 1.58, compared to the broader market0.501.001.502.001.58
Calmar ratio
The chart of Calmar ratio for SPY, currently valued at 4.54, compared to the broader market0.002.004.006.004.54
Martin ratio
The chart of Martin ratio for SPY, currently valued at 20.57, compared to the broader market-10.000.0010.0020.0030.0020.57

IDYA vs. SPY - Sharpe Ratio Comparison

The current IDYA Sharpe Ratio is 0.06, which is lower than the SPY Sharpe Ratio of 3.11. The chart below compares the historical Sharpe Ratios of IDYA and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
0.06
3.11
IDYA
SPY

Dividends

IDYA vs. SPY - Dividend Comparison

IDYA has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.


TTM20232022202120202019201820172016201520142013
IDYA
IDEAYA Biosciences, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.18%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

IDYA vs. SPY - Drawdown Comparison

The maximum IDYA drawdown since its inception was -74.64%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IDYA and SPY. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-36.37%
0
IDYA
SPY

Volatility

IDYA vs. SPY - Volatility Comparison

IDEAYA Biosciences, Inc. (IDYA) has a higher volatility of 9.94% compared to SPDR S&P 500 ETF (SPY) at 3.95%. This indicates that IDYA'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.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
9.94%
3.95%
IDYA
SPY