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:
-0.25
SPY:
1.87
JRONY:
-0.14
SPY:
2.52
JRONY:
0.98
SPY:
1.35
JRONY:
-0.17
SPY:
2.81
JRONY:
-0.44
SPY:
11.69
JRONY:
16.50%
SPY:
2.02%
JRONY:
29.35%
SPY:
12.65%
JRONY:
-62.30%
SPY:
-55.19%
JRONY:
-28.01%
SPY:
0.00%
Returns By Period
In the year-to-date period, JRONY achieves a 9.32% return, which is significantly higher than SPY's 4.58% return. Over the past 10 years, JRONY has underperformed SPY with an annualized return of 11.99%, while SPY has yielded a comparatively higher 13.23% annualized return.
JRONY
9.32%
6.12%
11.88%
-9.60%
5.65%
11.99%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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Risk-Adjusted Performance
JRONY vs. SPY — Risk-Adjusted Performance Rank
JRONY
SPY
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 3.39%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JRONY Jerónimo Martins ADR | 3.39% | 3.70% | 2.38% | 3.83% | 1.52% | 2.37% | 2.20% | 6.33% | 3.33% | 2.29% | 5.16% | 4.17% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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 5.92% compared to SPDR S&P 500 ETF (SPY) at 3.00%. 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.