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

Correlation

The correlation between IRM and SPY is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

IRM vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Iron Mountain Incorporated (IRM) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

2,000.00%4,000.00%6,000.00%8,000.00%10,000.00%JulyAugustSeptemberOctoberNovemberDecember
8,658.33%
1,433.69%
IRM
SPY

Key characteristics

Sharpe Ratio

IRM:

2.16

SPY:

2.21

Sortino Ratio

IRM:

2.61

SPY:

2.93

Omega Ratio

IRM:

1.37

SPY:

1.41

Calmar Ratio

IRM:

2.92

SPY:

3.26

Martin Ratio

IRM:

12.69

SPY:

14.43

Ulcer Index

IRM:

4.64%

SPY:

1.90%

Daily Std Dev

IRM:

27.25%

SPY:

12.41%

Max Drawdown

IRM:

-55.71%

SPY:

-55.19%

Current Drawdown

IRM:

-17.45%

SPY:

-2.74%

Returns By Period

In the year-to-date period, IRM achieves a 54.47% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, IRM has outperformed SPY with an annualized return of 17.00%, while SPY has yielded a comparatively lower 12.97% annualized return.


IRM

YTD

54.47%

1M

-9.05%

6M

19.77%

1Y

56.55%

5Y*

33.78%

10Y*

17.00%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

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Risk-Adjusted Performance

IRM vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Iron Mountain Incorporated (IRM) 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.


Sharpe ratio
The chart of Sharpe ratio for IRM, currently valued at 2.16, compared to the broader market-4.00-2.000.002.002.162.21
The chart of Sortino ratio for IRM, currently valued at 2.61, compared to the broader market-4.00-2.000.002.004.002.612.93
The chart of Omega ratio for IRM, currently valued at 1.37, compared to the broader market0.501.001.502.001.371.41
The chart of Calmar ratio for IRM, currently valued at 2.92, compared to the broader market0.002.004.006.002.923.26
The chart of Martin ratio for IRM, currently valued at 12.69, compared to the broader market-5.000.005.0010.0015.0020.0025.0012.6914.43
IRM
SPY

The current IRM Sharpe Ratio is 2.16, which is comparable to the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of IRM 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 Ratio1.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
2.16
2.21
IRM
SPY

Dividends

IRM vs. SPY - Dividend Comparison

IRM's dividend yield for the trailing twelve months is around 2.60%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
IRM
Iron Mountain Incorporated
2.60%3.63%4.96%4.73%8.39%7.69%7.33%5.93%6.17%7.07%6.05%4.52%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

IRM vs. SPY - Drawdown Comparison

The maximum IRM drawdown since its inception was -55.71%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IRM and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-17.45%
-2.74%
IRM
SPY

Volatility

IRM vs. SPY - Volatility Comparison

Iron Mountain Incorporated (IRM) has a higher volatility of 10.40% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that IRM'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.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
10.40%
3.72%
IRM
SPY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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