JHX vs. SPY
Compare and contrast key facts about James Hardie Industries plc (JHX) 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: JHX or SPY.
Correlation
The correlation between JHX and SPY is 0.41, 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.
Performance
JHX vs. SPY - Performance Comparison
Key characteristics
JHX:
-0.41
SPY:
1.75
JHX:
-0.35
SPY:
2.36
JHX:
0.96
SPY:
1.32
JHX:
-0.55
SPY:
2.66
JHX:
-0.84
SPY:
11.01
JHX:
17.58%
SPY:
2.03%
JHX:
36.63%
SPY:
12.77%
JHX:
-75.73%
SPY:
-55.19%
JHX:
-24.55%
SPY:
-2.12%
Returns By Period
In the year-to-date period, JHX achieves a 2.86% return, which is significantly higher than SPY's 2.36% return. Both investments have delivered pretty close results over the past 10 years, with JHX having a 12.89% annualized return and SPY not far ahead at 12.96%.
JHX
2.86%
-7.15%
-11.26%
-17.24%
10.53%
12.89%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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Risk-Adjusted Performance
JHX vs. SPY — Risk-Adjusted Performance Rank
JHX
SPY
JHX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for James Hardie Industries plc (JHX) 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
JHX vs. SPY - Dividend Comparison
JHX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.18%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JHX James Hardie Industries plc | 0.00% | 0.00% | 0.00% | 1.67% | 2.70% | 0.00% | 1.83% | 3.41% | 2.16% | 2.45% | 3.87% | 8.09% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JHX vs. SPY - Drawdown Comparison
The maximum JHX drawdown since its inception was -75.73%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JHX and SPY. For additional features, visit the drawdowns tool.
Volatility
JHX vs. SPY - Volatility Comparison
James Hardie Industries plc (JHX) has a higher volatility of 8.14% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that JHX'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.