IMKTA vs. SPY
Compare and contrast key facts about Ingles Markets, Incorporated (IMKTA) 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: IMKTA or SPY.
Correlation
The correlation between IMKTA and SPY is 0.32, 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
IMKTA vs. SPY - Performance Comparison
Key characteristics
IMKTA:
-0.53
SPY:
0.54
IMKTA:
-0.59
SPY:
0.89
IMKTA:
0.93
SPY:
1.13
IMKTA:
-0.36
SPY:
0.58
IMKTA:
-0.92
SPY:
2.39
IMKTA:
15.59%
SPY:
4.51%
IMKTA:
27.24%
SPY:
20.07%
IMKTA:
-72.55%
SPY:
-55.19%
IMKTA:
-36.31%
SPY:
-10.54%
Returns By Period
In the year-to-date period, IMKTA achieves a -1.72% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, IMKTA has underperformed SPY with an annualized return of 4.65%, while SPY has yielded a comparatively higher 11.95% annualized return.
IMKTA
-1.72%
3.17%
1.41%
-13.07%
10.81%
4.65%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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Risk-Adjusted Performance
IMKTA vs. SPY — Risk-Adjusted Performance Rank
IMKTA
SPY
IMKTA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ingles Markets, Incorporated (IMKTA) 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.
Dividends
IMKTA vs. SPY - Dividend Comparison
IMKTA's dividend yield for the trailing twelve months is around 1.05%, less than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMKTA Ingles Markets, Incorporated | 1.05% | 1.02% | 0.76% | 0.68% | 0.76% | 1.55% | 1.39% | 2.42% | 1.91% | 1.37% | 1.50% | 1.78% |
SPY SPDR S&P 500 ETF | 1.31% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IMKTA vs. SPY - Drawdown Comparison
The maximum IMKTA drawdown since its inception was -72.55%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IMKTA and SPY. For additional features, visit the drawdowns tool.
Volatility
IMKTA vs. SPY - Volatility Comparison
The current volatility for Ingles Markets, Incorporated (IMKTA) is 9.17%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.13%. This indicates that IMKTA experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.