INOD vs. SPY
Compare and contrast key facts about Innodata Inc. (INOD) 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: INOD or SPY.
Correlation
The correlation between INOD and SPY is 0.18, 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
INOD vs. SPY - Performance Comparison
Key characteristics
INOD:
4.09
SPY:
0.54
INOD:
4.22
SPY:
0.90
INOD:
1.53
SPY:
1.13
INOD:
9.06
SPY:
0.58
INOD:
25.30
SPY:
2.32
INOD:
21.78%
SPY:
4.69%
INOD:
134.81%
SPY:
20.01%
INOD:
-95.22%
SPY:
-55.19%
INOD:
-38.83%
SPY:
-8.61%
Returns By Period
In the year-to-date period, INOD achieves a -0.68% return, which is significantly higher than SPY's -4.42% return. Over the past 10 years, INOD has outperformed SPY with an annualized return of 31.15%, while SPY has yielded a comparatively lower 12.16% annualized return.
INOD
-0.68%
7.42%
95.18%
553.08%
107.59%
31.15%
SPY
-4.42%
-0.45%
-1.16%
13.04%
16.32%
12.16%
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Risk-Adjusted Performance
INOD vs. SPY — Risk-Adjusted Performance Rank
INOD
SPY
INOD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Innodata Inc. (INOD) 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
INOD vs. SPY - Dividend Comparison
INOD has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.28%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
INOD Innodata 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 | 1.28% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
INOD vs. SPY - Drawdown Comparison
The maximum INOD drawdown since its inception was -95.22%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for INOD and SPY. For additional features, visit the drawdowns tool.
Volatility
INOD vs. SPY - Volatility Comparison
Innodata Inc. (INOD) has a higher volatility of 31.15% compared to SPDR S&P 500 ETF (SPY) at 15.00%. This indicates that INOD'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.