JRONY vs. SPY
Compare and contrast key facts about Jerónimo Martins ADR (JRONY) 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: JRONY or SPY.
Correlation
The correlation between JRONY and SPY is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JRONY vs. SPY - Performance Comparison
Key characteristics
JRONY:
-0.78
SPY:
2.21
JRONY:
-0.94
SPY:
2.93
JRONY:
0.88
SPY:
1.41
JRONY:
-0.55
SPY:
3.26
JRONY:
-1.18
SPY:
14.43
JRONY:
20.04%
SPY:
1.90%
JRONY:
30.50%
SPY:
12.41%
JRONY:
-62.30%
SPY:
-55.19%
JRONY:
-34.88%
SPY:
-2.74%
Returns By Period
In the year-to-date period, JRONY achieves a -23.56% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, JRONY has underperformed SPY with an annualized return of 12.05%, while SPY has yielded a comparatively higher 12.97% annualized return.
JRONY
-23.56%
1.18%
-8.48%
-23.43%
5.51%
12.05%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
JRONY vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Jerónimo Martins ADR (JRONY) 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
JRONY vs. SPY - Dividend Comparison
JRONY's dividend yield for the trailing twelve months is around 3.74%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRONY Jerónimo Martins ADR | 3.74% | 2.38% | 3.83% | 1.52% | 2.37% | 2.20% | 6.33% | 3.33% | 2.29% | 5.16% | 4.17% | 1.96% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
JRONY vs. SPY - Drawdown Comparison
The maximum JRONY drawdown since its inception was -62.30%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JRONY and SPY. For additional features, visit the drawdowns tool.
Volatility
JRONY vs. SPY - Volatility Comparison
Jerónimo Martins ADR (JRONY) has a higher volatility of 5.71% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that JRONY'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.