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ITT vs. SPYI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ITT vs. SPYI

Last updated Jun 5, 2026

ITT (ITT Inc.) is a stock, while SPYI (NEOS S&P 500 High Income ETF) is Derivative Income fund actively managed by Neos. Over the past 3 years, ITT returned 34.49%/yr vs 16.57%/yr for SPYI. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

ITT vs. SPYI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ITT Inc. (ITT) and NEOS S&P 500 High Income ETF (SPYI). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ITT achieves a 11.61% return, which is significantly higher than SPYI's 8.08% return.

ITT

1D
-0.41%
1M
-9.13%
YTD
11.61%
6M
5.60%
1Y
28.97%
3Y*
34.49%
5Y*
16.66%
10Y*
19.56%

SPYI

1D
0.33%
1M
3.47%
YTD
8.08%
6M
8.61%
1Y
23.19%
3Y*
16.57%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITT vs. SPYI - Yearly Performance Comparison

2026 (YTD)2025202420232022
ITT
ITT Inc.		11.61%22.52%20.86%48.91%10.54%
SPYI
NEOS S&P 500 High Income ETF		8.08%16.67%19.03%18.09%-2.44%

Correlation

The correlation between ITT and SPYI is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.56

Correlation (3Y)
Calculated over the trailing 3-year period

0.61

Correlation (All Time)
Calculated using the full available price history since Aug 31, 2022

0.65

The correlation between ITT and SPYI has been stable across timeframes, ranging from 0.56 to 0.65 - a consistent structural relationship.

Compare stocks, funds, or ETFs

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ITT Inc.

NEOS S&P 500 High Income ETF

Often compared with ITT:
ITT vs. QQQITT vs. IACITT vs. ITOTITT vs. HASIITT vs. LECOITT vs. RCMTITT vs. SPY
Often compared with SPYI:
SPYI vs. QQQISPYI vs. SPYSPYI vs. JEPISPYI vs. JEPQSPYI vs. GPIXSPYI vs. SCHDSPYI vs. VOO

Return for Risk

ITT vs. SPYI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ITT
ITT Risk / Return Rank: 7171
Overall Rank
ITT Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
ITT Sortino Ratio Rank: 6969
Sortino Ratio Rank
ITT Omega Ratio Rank: 6767
Omega Ratio Rank
ITT Calmar Ratio Rank: 7474
Calmar Ratio Rank
ITT Martin Ratio Rank: 7575
Martin Ratio Rank
SPYI
SPYI Risk / Return Rank: 7575
Overall Rank
SPYI Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
SPYI Sortino Ratio Rank: 7575
Sortino Ratio Rank
SPYI Omega Ratio Rank: 8080
Omega Ratio Rank
SPYI Calmar Ratio Rank: 6262
Calmar Ratio Rank
SPYI Martin Ratio Rank: 8181
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ITT vs. SPYI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ITT Inc. (ITT) and NEOS S&P 500 High Income ETF (SPYI). 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.

ITTSPYIDifference
Sharpe ratioReturn per unit of total volatility
0.98
2.42

-1.44

Sortino ratioReturn per unit of downside risk
1.67
3.32

-1.65

Omega ratioGain probability vs. loss probability

1.20

1.47

-0.27

Calmar ratioReturn relative to maximum drawdown

2.01

3.02

-1.01

Martin ratioReturn relative to average drawdown

4.74

15.73

-10.99

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITT vs. SPYI - Sharpe Ratio Comparison

The current ITT Sharpe Ratio is 0.98, which is lower than the SPYI Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of ITT and SPYI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

ITTSPYIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.98

2.42

-1.44

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.61

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

1.22

-0.87

Drawdowns

ITT vs. SPYI - Drawdown Comparison

The maximum ITT drawdown since its inception was -74.46%, which is greater than SPYI's maximum drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for ITT and SPYI.

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Drawdown Indicators

ITTSPYIDifference

Max Drawdown

Largest peak-to-trough decline

-74.46%

-16.47%

-57.99%

Max Drawdown (1Y)

Largest decline over 1 year

-14.50%

-7.72%

-6.78%

Max Drawdown (3Y)

Largest decline over 3 years

-29.09%

-16.47%

-12.62%

Max Drawdown (5Y)

Largest decline over 5 years

-37.97%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-49.52%

—

—

Current Drawdown

Current decline from peak

-12.82%

-0.17%

-12.65%

Average Drawdown

Average peak-to-trough decline

-18.96%

-1.80%

-17.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.13%

1.48%

+4.65%

Volatility

ITT vs. SPYI - Volatility Comparison

ITT Inc. (ITT) has a higher volatility of 8.87% compared to NEOS S&P 500 High Income ETF (SPYI) at 1.78%. This indicates that ITT's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ITTSPYIDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.87%

1.78%

+7.09%

Volatility (6M)

Calculated over the trailing 6-month period

22.76%

7.42%

+15.34%

Volatility (1Y)

Calculated over the trailing 1-year period

29.68%

9.62%

+20.06%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

29.17%

12.91%

+16.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.91%

12.91%

+19.00%

Dividends

ITT vs. SPYI - Dividend Comparison

ITT's dividend yield for the trailing twelve months is around 0.56%, less than SPYI's 11.60% yield.

PositionTTM20252024202320222021202020192018201720162015
ITT
ITT Inc.		0.56%0.81%0.89%0.97%1.30%0.86%0.88%0.80%1.11%0.96%1.29%1.30%
SPYI
NEOS S&P 500 High Income ETF		11.60%11.70%12.04%12.01%4.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

ITT and SPYI have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ITT has higher volatility (8.87%) compared to SPYI (1.78%). In terms of maximum drawdown, ITT dropped -74.46% vs SPYI's -16.47%.

SPYI currently has the higher Sharpe Ratio (2.42 vs 0.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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