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.
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.
Performance
IRS vs. SPY - Performance Comparison
Key characteristics
IRS:
2.18
SPY:
2.21
IRS:
2.77
SPY:
2.93
IRS:
1.33
SPY:
1.41
IRS:
1.60
SPY:
3.26
IRS:
12.46
SPY:
14.43
IRS:
8.45%
SPY:
1.90%
IRS:
48.30%
SPY:
12.41%
IRS:
-91.36%
SPY:
-55.19%
IRS:
-17.99%
SPY:
-2.74%
Returns By Period
In the year-to-date period, IRS achieves a 110.05% return, which is significantly higher than SPY's 25.54% return. Over the past 10 years, IRS has underperformed SPY with an annualized return of 5.80%, while SPY has yielded a comparatively higher 12.97% annualized return.
IRS
110.05%
3.97%
90.70%
107.40%
28.96%
5.80%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
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.
Dividends
IRS vs. SPY - Dividend Comparison
IRS's dividend yield for the trailing twelve months is around 10.63%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRS IRSA Inversiones y Representaciones Sociedad Anónima | 10.63% | 26.02% | 4.13% | 0.00% | 0.00% | 0.00% | 0.00% | 5.34% | 0.00% | 0.00% | 0.91% | 6.91% |
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
IRS vs. SPY - Drawdown Comparison
The maximum IRS drawdown since its inception was -91.36%, 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. For additional features, visit the drawdowns tool.
Volatility
IRS vs. SPY - Volatility Comparison
IRSA Inversiones y Representaciones Sociedad Anónima (IRS) has a higher volatility of 18.22% compared to SPDR S&P 500 ETF (SPY) at 3.72%. 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.