KER.PA vs. SPY
Compare and contrast key facts about Kering SA (KER.PA) 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: KER.PA or SPY.
Key characteristics
| KER.PA | SPY | |
|---|---|---|
| YTD Return | -10.79% | 11.58% |
| 1Y Return | -34.32% | 29.17% |
| 3Y Return (Ann) | -18.85% | 9.98% |
| 5Y Return (Ann) | -5.88% | 14.95% |
| 10Y Return (Ann) | 10.77% | 12.88% |
| Sharpe Ratio | -1.18 | 2.67 |
| Daily Std Dev | 28.84% | 11.53% |
| Max Drawdown | -85.03% | -55.19% |
| Current Drawdown | -52.90% | -0.21% |
Correlation
The correlation between KER.PA and SPY is 0.32, 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
KER.PA vs. SPY - Performance Comparison
In the year-to-date period, KER.PA achieves a -10.79% return, which is significantly lower than SPY's 11.58% return. Over the past 10 years, KER.PA has underperformed SPY with an annualized return of 10.77%, while SPY has yielded a comparatively higher 12.88% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
KER.PA vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kering SA (KER.PA) 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
KER.PA vs. SPY - Dividend Comparison
KER.PA's dividend yield for the trailing twelve months is around 4.10%, more than SPY's 1.27% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KER.PA Kering SA | 4.10% | 3.51% | 2.52% | 1.13% | 1.35% | 1.79% | 1.42% | 1.17% | 1.88% | 2.53% | 2.35% | 2.43% |
SPY SPDR S&P 500 ETF | 1.27% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
KER.PA vs. SPY - Drawdown Comparison
The maximum KER.PA drawdown since its inception was -85.03%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KER.PA and SPY. For additional features, visit the drawdowns tool.
Volatility
KER.PA vs. SPY - Volatility Comparison
Kering SA (KER.PA) has a higher volatility of 9.42% compared to SPDR S&P 500 ETF (SPY) at 3.40%. This indicates that KER.PA'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.