JPXGY vs. SPXCY
JPXGY (Japan Exchange Group Inc ADR) and SPXCY (Singapore Exchange Ltd ADR) are both stocks. Both operate in the Financial Data & Stock Exchanges industry within the Financial Services sector. Over the past 10 years, JPXGY returned 9.79%/yr vs 17.57%/yr for SPXCY. At a 0.21 correlation, their price movements are largely independent.
Performance
JPXGY vs. SPXCY - Performance Comparison
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Returns By Period
In the year-to-date period, JPXGY achieves a 25.14% return, which is significantly lower than SPXCY's 42.97% return. Over the past 10 years, JPXGY has underperformed SPXCY with an annualized return of 9.79%, while SPXCY has yielded a comparatively higher 17.57% annualized return.
JPXGY
- 1D
- -4.99%
- 1M
- 7.41%
- YTD
- 25.14%
- 6M
- 25.91%
- 1Y
- 25.97%
- 3Y*
- 15.92%
- 5Y*
- 3.57%
- 10Y*
- 9.79%
SPXCY
- 1D
- -1.69%
- 1M
- 6.20%
- YTD
- 42.97%
- 6M
- 42.10%
- 1Y
- 78.04%
- 3Y*
- 41.91%
- 5Y*
- 21.19%
- 10Y*
- 17.57%
JPXGY vs. SPXCY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPXGY Japan Exchange Group Inc ADR | 25.14% | -2.44% | 6.91% | 48.22% | -34.52% | -14.05% | 45.60% | 10.20% | -8.94% | 24.11% |
SPXCY Singapore Exchange Ltd ADR | 42.97% | 44.72% | 31.77% | 13.47% | -1.07% | 2.94% | 10.33% | 30.40% | -1.39% | 15.08% |
Correlation
The correlation between JPXGY and SPXCY is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since May 13, 2015 | 0.21 |
The correlation between JPXGY and SPXCY shifts across timeframes, from 0.21 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
JPXGY:
$13.72B
SPXCY:
$1.33B
JPXGY:
¥77.88
SPXCY:
SGD 24.29
JPXGY:
27.68
SPXCY:
1.98
JPXGY:
1.69
SPXCY:
0.19
JPXGY:
11.01
SPXCY:
0.94
JPXGY:
6.40
SPXCY:
0.75
JPXGY:
¥201.70B
SPXCY:
SGD 2.74B
JPXGY:
¥161.90B
SPXCY:
SGD 1.57B
JPXGY:
¥135.64B
SPXCY:
SGD 1.62B
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Return for Risk
JPXGY vs. SPXCY — Risk / Return Rank
JPXGY
SPXCY
JPXGY vs. SPXCY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Japan Exchange Group Inc ADR (JPXGY) and Singapore Exchange Ltd ADR (SPXCY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JPXGY | SPXCY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.93 | ||
| Sortino ratioReturn per unit of downside risk | -3.59 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.61 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 9.94 | -8.52 |
| Martin ratioReturn relative to average drawdown | 3.00 | 23.70 | -20.69 |
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Drawdowns
JPXGY vs. SPXCY - Drawdown Comparison
The maximum JPXGY drawdown since its inception was -54.38%, which is greater than SPXCY's maximum drawdown of -31.90%. Use the drawdown chart below to compare losses from any high point for JPXGY and SPXCY.
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Drawdown Indicators
| JPXGY | SPXCY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.38% | -31.90% | -22.48% |
Max Drawdown (1Y)Largest decline over 1 year | -18.40% | -7.90% | -10.50% |
Max Drawdown (3Y)Largest decline over 3 years | -29.03% | -14.06% | -14.97% |
Max Drawdown (5Y)Largest decline over 5 years | -53.69% | -31.90% | -21.79% |
Max Drawdown (10Y)Largest decline over 10 years | -54.38% | -31.90% | -22.48% |
Current DrawdownCurrent decline from peak | -4.99% | -1.69% | -3.30% |
Average DrawdownAverage peak-to-trough decline | -17.89% | -9.33% | -8.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.68% | 3.30% | +5.38% |
Volatility
JPXGY vs. SPXCY - Volatility Comparison
Japan Exchange Group Inc ADR (JPXGY) has a higher volatility of 13.49% compared to Singapore Exchange Ltd ADR (SPXCY) at 7.97%. This indicates that JPXGY's price experiences larger fluctuations and is considered to be riskier than SPXCY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JPXGY | SPXCY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.49% | 7.97% | +5.52% |
Volatility (6M)Calculated over the trailing 6-month period | 25.66% | 16.49% | +9.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.39% | 21.28% | +13.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.80% | 22.76% | +6.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.05% | 23.14% | +4.91% |
Dividends
JPXGY vs. SPXCY - Dividend Comparison
JPXGY has not paid dividends to shareholders, while SPXCY's dividend yield for the trailing twelve months is around 1.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JPXGY Japan Exchange Group Inc ADR | 0.00% | 1.89% | 0.99% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.34% | 3.11% | 1.08% |
SPXCY Singapore Exchange Ltd ADR | 1.83% | 2.26% | 2.83% | 3.34% | 3.47% | 3.38% | 3.92% | 3.17% | 4.30% | 4.69% | 7.69% | 3.59% |
Financials
JPXGY vs. SPXCY - Financials Comparison
This section allows you to compare key financial metrics between Japan Exchange Group Inc ADR and Singapore Exchange Ltd ADR. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
JPXGY vs. SPXCY - Profitability Comparison
JPXGY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Japan Exchange Group Inc ADR reported a gross profit of 44.04B and revenue of 60.25B. Therefore, the gross margin over that period was 73.1%.
SPXCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Singapore Exchange Ltd ADR reported a gross profit of 0.00 and revenue of 733.77M. Therefore, the gross margin over that period was 0.0%.
JPXGY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Japan Exchange Group Inc ADR reported an operating income of 35.16B and revenue of 60.25B, resulting in an operating margin of 58.4%.
SPXCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Singapore Exchange Ltd ADR reported an operating income of 427.87M and revenue of 733.77M, resulting in an operating margin of 58.3%.
JPXGY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Japan Exchange Group Inc ADR reported a net income of 24.59B and revenue of 60.25B, resulting in a net margin of 40.8%.
SPXCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Singapore Exchange Ltd ADR reported a net income of 341.59M and revenue of 733.77M, resulting in a net margin of 46.6%.
Frequently Asked Questions
JPXGY and SPXCY have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JPXGY has higher volatility (13.49%) compared to SPXCY (7.97%). In terms of maximum drawdown, JPXGY dropped -54.38% vs SPXCY's -31.90%.
SPXCY currently has the higher Sharpe Ratio (3.69 vs 0.76), 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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