IRON vs. SPY
Compare and contrast key facts about Disc Medicine Inc. (IRON) 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: IRON or SPY.
Correlation
The correlation between IRON and SPY is 0.22, 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
IRON vs. SPY - Performance Comparison
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Key characteristics
IRON:
0.74
SPY:
0.50
IRON:
1.55
SPY:
0.88
IRON:
1.19
SPY:
1.13
IRON:
0.50
SPY:
0.56
IRON:
3.00
SPY:
2.17
IRON:
15.78%
SPY:
4.85%
IRON:
60.02%
SPY:
20.02%
IRON:
-96.68%
SPY:
-55.19%
IRON:
-91.81%
SPY:
-7.65%
Returns By Period
In the year-to-date period, IRON achieves a -30.22% return, which is significantly lower than SPY's -3.42% return.
IRON
-30.22%
25.57%
-31.94%
45.72%
N/A
N/A
SPY
-3.42%
7.58%
-5.06%
9.73%
15.77%
12.35%
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Risk-Adjusted Performance
IRON vs. SPY — Risk-Adjusted Performance Rank
IRON
SPY
IRON vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Disc Medicine Inc. (IRON) 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.
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Dividends
IRON vs. SPY - Dividend Comparison
IRON has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.27%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRON Disc Medicine 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 | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IRON vs. SPY - Drawdown Comparison
The maximum IRON drawdown since its inception was -96.68%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IRON and SPY. For additional features, visit the drawdowns tool.
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Volatility
IRON vs. SPY - Volatility Comparison
Disc Medicine Inc. (IRON) has a higher volatility of 21.75% compared to SPDR S&P 500 ETF (SPY) at 7.48%. This indicates that IRON'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.
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