KEQU vs. SPY

Last updated Apr 2, 2026

Compare and contrast key facts about Kewaunee Scientific Corporation (KEQU) and State Street 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.

Performance

KEQU vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kewaunee Scientific Corporation (KEQU) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

KEQU vs. SPY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KEQU Kewaunee Scientific Corporation	-9.20%	-39.53%	112.83%	82.26%	25.59%	1.57%	-7.04%	-58.34%	17.53%	21.56%
SPY State Street SPDR S&P 500 ETF	-3.65%	17.72%	24.89%	26.18%	-18.18%	28.73%	18.33%	31.22%	-4.57%	21.71%

Returns By Period

In the year-to-date period, KEQU achieves a -9.20% return, which is significantly lower than SPY's -3.65% return. Over the past 10 years, KEQU has underperformed SPY with an annualized return of 8.45%, while SPY has yielded a comparatively higher 14.06% annualized return.

KEQU

• 1D: -0.88%
• 1M: -18.63%
• YTD: -9.20%
• 6M: -23.14%
• 1Y: -11.33%
• 3Y*: 30.17%
• 5Y*: 22.45%
• 10Y*: 8.45%

SPY

• 1D: 0.75%
• 1M: -4.28%
• YTD: -3.65%
• 6M: -1.42%
• 1Y: 18.14%
• 3Y*: 18.48%
• 5Y*: 11.86%
• 10Y*: 14.06%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

KEQU vs. SPY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KEQU

KEQU Risk / Return Rank: 31
KEQU Sharpe Ratio Rank: 32
KEQU Sortino Ratio Rank: 32
KEQU Omega Ratio Rank: 31
KEQU Calmar Ratio Rank: 30
KEQU Martin Ratio Rank: 32

SPY

SPY Risk / Return Rank: 59
SPY Sharpe Ratio Rank: 51
SPY Sortino Ratio Rank: 56
SPY Omega Ratio Rank: 60
SPY Calmar Ratio Rank: 58
SPY Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KEQU vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kewaunee Scientific Corporation (KEQU) and State Street 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.

	KEQU	SPY	Difference
Sharpe ratio Return per unit of total volatility	-0.19	0.96	-1.15
Sortino ratio Return per unit of downside risk	0.13	1.49	-1.37
Omega ratio Gain probability vs. loss probability	1.02	1.23	-0.21
Calmar ratio Return relative to maximum drawdown	-0.32	1.53	-1.85
Martin ratio Return relative to average drawdown	-0.54	7.27	-7.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KEQU vs. SPY - Sharpe Ratio Comparison

The current KEQU Sharpe Ratio is -0.19, which is lower than the SPY Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of KEQU and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KEQU	SPY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.19	0.96	-1.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.70	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	0.79	-0.61
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.56	-0.42

Correlation

The correlation between KEQU and SPY is 0.09, 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.

Dividends

KEQU vs. SPY - Dividend Comparison

KEQU has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.13%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KEQU Kewaunee Scientific Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.24%	2.17%	2.21%	2.29%	2.81%
SPY State Street SPDR S&P 500 ETF	1.13%	1.07%	1.21%	1.40%	1.65%	1.20%	1.52%	1.75%	2.04%	1.80%	2.03%	2.06%

Drawdowns

KEQU vs. SPY - Drawdown Comparison

The maximum KEQU drawdown since its inception was -79.95%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KEQU and SPY.

Drawdown Indicators

	KEQU	SPY	Difference
Max Drawdown Largest peak-to-trough decline	-79.95%	-55.19%	-24.76%
Max Drawdown (1Y) Largest decline over 1 year	-43.35%	-12.05%	-31.30%
Max Drawdown (5Y) Largest decline over 5 years	-55.36%	-24.50%	-30.86%
Max Drawdown (10Y) Largest decline over 10 years	-79.95%	-33.72%	-46.23%
Current Drawdown Current decline from peak	-51.24%	-5.53%	-45.71%
Average Drawdown Average peak-to-trough decline	-32.17%	-9.09%	-23.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.58%	2.54%	+23.04%

Volatility

KEQU vs. SPY - Volatility Comparison

Kewaunee Scientific Corporation (KEQU) has a higher volatility of 14.80% compared to State Street SPDR S&P 500 ETF (SPY) at 5.35%. This indicates that KEQU'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.

Volatility by Period

	KEQU	SPY	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.80%	5.35%	+9.45%
Volatility (6M) Calculated over the trailing 6-month period	26.27%	9.50%	+16.77%
Volatility (1Y) Calculated over the trailing 1-year period	58.99%	19.06%	+39.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.16%	17.06%	+33.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.89%	17.92%	+28.97%