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:
-0.61
SPY:
-0.09
IMKTA:
-0.73
SPY:
-0.02
IMKTA:
0.91
SPY:
1.00
IMKTA:
-0.41
SPY:
-0.09
IMKTA:
-1.10
SPY:
-0.45
IMKTA:
14.83%
SPY:
3.31%
IMKTA:
26.86%
SPY:
15.87%
IMKTA:
-72.55%
SPY:
-55.19%
IMKTA:
-37.36%
SPY:
-17.32%
Returns By Period
In the year-to-date period, IMKTA achieves a -3.34% return, which is significantly higher than SPY's -13.53% return. Over the past 10 years, IMKTA has underperformed SPY with an annualized return of 3.47%, while SPY has yielded a comparatively higher 11.25% annualized return.
IMKTA
-3.34%
3.62%
-1.91%
-17.15%
11.29%
3.47%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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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 1.06%, less than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMKTA Ingles Markets, Incorporated | 1.06% | 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 | 1.42% | 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 8.64%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.29%. 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.