JNPR vs. SPY
Compare and contrast key facts about Juniper Networks, Inc. (JNPR) 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: JNPR or SPY.
Correlation
The correlation between JNPR and SPY is 0.51, 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
JNPR vs. SPY - Performance Comparison
Key characteristics
JNPR:
0.56
SPY:
2.20
JNPR:
0.82
SPY:
2.92
JNPR:
1.12
SPY:
1.41
JNPR:
0.07
SPY:
3.35
JNPR:
1.52
SPY:
14.01
JNPR:
3.86%
SPY:
2.01%
JNPR:
10.39%
SPY:
12.76%
JNPR:
-98.18%
SPY:
-55.19%
JNPR:
-79.50%
SPY:
-0.45%
Returns By Period
The year-to-date returns for both stocks are quite close, with JNPR having a 2.99% return and SPY slightly lower at 2.90%. Over the past 10 years, JNPR has underperformed SPY with an annualized return of 8.44%, while SPY has yielded a comparatively higher 13.39% annualized return.
JNPR
2.99%
3.57%
4.97%
5.43%
12.79%
8.44%
SPY
2.90%
2.01%
9.60%
26.34%
14.48%
13.39%
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Risk-Adjusted Performance
JNPR vs. SPY — Risk-Adjusted Performance Rank
JNPR
SPY
JNPR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Juniper Networks, Inc. (JNPR) 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
JNPR vs. SPY - Dividend Comparison
JNPR's dividend yield for the trailing twelve months is around 2.28%, more than SPY's 1.17% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Juniper Networks, Inc. | 2.28% | 2.35% | 2.99% | 2.63% | 2.24% | 3.55% | 3.09% | 2.68% | 1.40% | 1.42% | 1.45% | 0.90% |
SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JNPR vs. SPY - Drawdown Comparison
The maximum JNPR drawdown since its inception was -98.18%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JNPR and SPY. For additional features, visit the drawdowns tool.
Volatility
JNPR vs. SPY - Volatility Comparison
The current volatility for Juniper Networks, Inc. (JNPR) is 2.48%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.17%. This indicates that JNPR experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.