JPYUSD=X vs. SPY
Compare and contrast key facts about JPY/USD (JPYUSD=X) 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: JPYUSD=X or SPY.
Correlation
The correlation between JPYUSD=X and SPY is -0.14. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
JPYUSD=X vs. SPY - Performance Comparison
Key characteristics
JPYUSD=X:
-0.34
SPY:
2.03
JPYUSD=X:
-0.40
SPY:
2.71
JPYUSD=X:
0.93
SPY:
1.38
JPYUSD=X:
-0.08
SPY:
3.09
JPYUSD=X:
-0.84
SPY:
12.94
JPYUSD=X:
5.30%
SPY:
2.01%
JPYUSD=X:
12.95%
SPY:
12.78%
JPYUSD=X:
-53.03%
SPY:
-55.19%
JPYUSD=X:
-51.52%
SPY:
-2.14%
Returns By Period
Over the past 10 years, JPYUSD=X has underperformed SPY with an annualized return of -2.67%, while SPY has yielded a comparatively higher 13.38% annualized return.
JPYUSD=X
0.00%
-1.54%
0.00%
-5.88%
-6.41%
-2.67%
SPY
1.14%
-1.98%
7.12%
26.42%
14.07%
13.38%
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
JPYUSD=X vs. SPY — Risk-Adjusted Performance Rank
JPYUSD=X
SPY
JPYUSD=X vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPY/USD (JPYUSD=X) 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.
Drawdowns
JPYUSD=X vs. SPY - Drawdown Comparison
The maximum JPYUSD=X drawdown since its inception was -53.03%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JPYUSD=X and SPY. For additional features, visit the drawdowns tool.
Volatility
JPYUSD=X vs. SPY - Volatility Comparison
JPY/USD (JPYUSD=X) and SPDR S&P 500 ETF (SPY) have volatilities of 3.95% and 3.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.