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

Correlation

The correlation between IT and SPY is 0.49, 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.


-0.50.00.51.00.5

Performance

IT vs. SPY - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
8.90%
9.25%
IT
SPY

Key characteristics

Sharpe Ratio

IT:

0.49

SPY:

2.21

Sortino Ratio

IT:

0.80

SPY:

2.93

Omega Ratio

IT:

1.11

SPY:

1.41

Calmar Ratio

IT:

0.75

SPY:

3.26

Martin Ratio

IT:

1.99

SPY:

14.43

Ulcer Index

IT:

5.51%

SPY:

1.90%

Daily Std Dev

IT:

22.45%

SPY:

12.41%

Max Drawdown

IT:

-85.09%

SPY:

-55.19%

Current Drawdown

IT:

-10.97%

SPY:

-2.74%

Returns By Period

In the year-to-date period, IT achieves a 8.90% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, IT has outperformed SPY with an annualized return of 19.12%, while SPY has yielded a comparatively lower 12.97% annualized return.


IT

YTD

8.90%

1M

-5.16%

6M

8.65%

1Y

10.81%

5Y*

26.31%

10Y*

19.12%

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

IT vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Gartner, Inc. (IT) 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 IT, currently valued at 0.49, compared to the broader market-4.00-2.000.002.000.492.21
The chart of Sortino ratio for IT, currently valued at 0.80, compared to the broader market-4.00-2.000.002.004.000.802.93
The chart of Omega ratio for IT, currently valued at 1.11, compared to the broader market0.501.001.502.001.111.41
The chart of Calmar ratio for IT, currently valued at 0.75, compared to the broader market0.002.004.006.000.753.26
The chart of Martin ratio for IT, currently valued at 1.99, compared to the broader market-5.000.005.0010.0015.0020.0025.001.9914.43
IT
SPY

The current IT Sharpe Ratio is 0.49, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of IT 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.49
2.21
IT
SPY

Dividends

IT vs. SPY - Dividend Comparison

IT has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.


TTM20232022202120202019201820172016201520142013
IT
Gartner, 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
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

IT vs. SPY - Drawdown Comparison

The maximum IT drawdown since its inception was -85.09%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for IT and SPY. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.97%
-2.74%
IT
SPY

Volatility

IT vs. SPY - Volatility Comparison

Gartner, Inc. (IT) has a higher volatility of 4.99% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that IT'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%JulyAugustSeptemberOctoberNovemberDecember
4.99%
3.72%
IT
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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