Correlation
The correlation between IRS and SPY is 0.27, 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.
IRS vs. SPY
Compare and contrast key facts about IRSA Inversiones y Representaciones Sociedad Anónima (IRS) 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: IRS or SPY.
Performance
IRS vs. SPY - Performance Comparison
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Key characteristics
IRS:
1.15
SPY:
0.70
IRS:
1.95
SPY:
1.02
IRS:
1.23
SPY:
1.15
IRS:
1.07
SPY:
0.68
IRS:
4.37
SPY:
2.57
IRS:
14.47%
SPY:
4.93%
IRS:
48.16%
SPY:
20.42%
IRS:
-91.43%
SPY:
-55.19%
IRS:
-19.37%
SPY:
-3.55%
Returns By Period
In the year-to-date period, IRS achieves a 1.14% return, which is significantly higher than SPY's 0.87% return. Over the past 10 years, IRS has underperformed SPY with an annualized return of 3.90%, while SPY has yielded a comparatively higher 12.73% annualized return.
IRS
1.14%
9.98%
-11.85%
53.89%
73.72%
50.10%
3.90%
SPY
0.87%
5.54%
-1.56%
13.18%
14.25%
15.81%
12.73%
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Risk-Adjusted Performance
IRS vs. SPY — Risk-Adjusted Performance Rank
IRS
SPY
IRS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IRSA Inversiones y Representaciones Sociedad Anónima (IRS) 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
IRS vs. SPY - Dividend Comparison
IRS's dividend yield for the trailing twelve months is around 11.05%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRS IRSA Inversiones y Representaciones Sociedad Anónima | 11.05% | 11.17% | 26.16% | 4.13% | 0.00% | 0.00% | 0.00% | 0.00% | 4.92% | 0.00% | 0.00% | 0.84% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
IRS vs. SPY - Drawdown Comparison
The maximum IRS drawdown since its inception was -91.43%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IRS and SPY.
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Volatility
IRS vs. SPY - Volatility Comparison
IRSA Inversiones y Representaciones Sociedad Anónima (IRS) has a higher volatility of 7.92% compared to SPDR S&P 500 ETF (SPY) at 4.86%. This indicates that IRS'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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