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:
-0.80
SPY:
2.03
IMKTA:
-1.06
SPY:
2.71
IMKTA:
0.87
SPY:
1.38
IMKTA:
-0.51
SPY:
3.02
IMKTA:
-1.11
SPY:
13.49
IMKTA:
18.03%
SPY:
1.88%
IMKTA:
24.96%
SPY:
12.48%
IMKTA:
-72.60%
SPY:
-55.19%
IMKTA:
-32.57%
SPY:
-3.54%
Returns By Period
In the year-to-date period, IMKTA achieves a -21.65% return, which is significantly lower than SPY's 24.51% return. Over the past 10 years, IMKTA has underperformed SPY with an annualized return of 8.43%, while SPY has yielded a comparatively higher 12.94% annualized return.
IMKTA
-21.65%
-3.77%
-2.66%
-20.38%
8.00%
8.43%
SPY
24.51%
-0.32%
7.56%
24.63%
14.51%
12.94%
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Risk-Adjusted Performance
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 0.98%, more than SPY's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMKTA Ingles Markets, Incorporated | 0.98% | 0.76% | 0.68% | 0.76% | 1.55% | 1.39% | 2.42% | 1.91% | 1.37% | 1.50% | 1.78% | 1.83% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
IMKTA vs. SPY - Drawdown Comparison
The maximum IMKTA drawdown since its inception was -72.60%, 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
Ingles Markets, Incorporated (IMKTA) has a higher volatility of 7.23% compared to SPDR S&P 500 ETF (SPY) at 3.61%. This indicates that IMKTA'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.