ITC.NS vs. SPY
Compare and contrast key facts about ITC Limited (ITC.NS) 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: ITC.NS or SPY.
Key characteristics
ITC.NS | SPY | |
---|---|---|
YTD Return | -5.26% | 11.58% |
1Y Return | 3.01% | 29.17% |
3Y Return (Ann) | 31.96% | 9.98% |
5Y Return (Ann) | 12.13% | 14.95% |
10Y Return (Ann) | 9.97% | 12.88% |
Sharpe Ratio | 0.22 | 2.67 |
Daily Std Dev | 17.97% | 11.53% |
Max Drawdown | -55.35% | -55.19% |
Current Drawdown | -11.05% | -0.21% |
Correlation
The correlation between ITC.NS and SPY is 0.11, 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
ITC.NS vs. SPY - Performance Comparison
In the year-to-date period, ITC.NS achieves a -5.26% return, which is significantly lower than SPY's 11.58% return. Over the past 10 years, ITC.NS has underperformed SPY with an annualized return of 9.97%, while SPY has yielded a comparatively higher 12.88% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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
ITC.NS vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ITC Limited (ITC.NS) 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
ITC.NS vs. SPY - Dividend Comparison
ITC.NS's dividend yield for the trailing twelve months is around 2.09%, more than SPY's 1.27% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ITC Limited | 2.09% | 1.89% | 3.47% | 4.93% | 4.86% | 2.42% | 1.83% | 1.80% | 0.55% | 1.91% | 1.63% | 1.63% |
SPDR S&P 500 ETF | 1.27% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
ITC.NS vs. SPY - Drawdown Comparison
The maximum ITC.NS drawdown since its inception was -55.35%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for ITC.NS and SPY. For additional features, visit the drawdowns tool.
Volatility
ITC.NS vs. SPY - Volatility Comparison
ITC Limited (ITC.NS) has a higher volatility of 5.75% compared to SPDR S&P 500 ETF (SPY) at 3.40%. This indicates that ITC.NS'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.