KGC vs. SPY
Compare and contrast key facts about Kinross Gold Corporation (KGC) 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: KGC or SPY.
Correlation
The correlation between KGC and SPY is 0.12, 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
KGC vs. SPY - Performance Comparison
Key characteristics
KGC:
2.91
SPY:
0.51
KGC:
3.20
SPY:
0.86
KGC:
1.43
SPY:
1.13
KGC:
1.63
SPY:
0.55
KGC:
20.59
SPY:
2.26
KGC:
6.01%
SPY:
4.55%
KGC:
42.63%
SPY:
20.08%
KGC:
-96.04%
SPY:
-55.19%
KGC:
-45.48%
SPY:
-9.89%
Returns By Period
In the year-to-date period, KGC achieves a 56.73% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, KGC has outperformed SPY with an annualized return of 21.12%, while SPY has yielded a comparatively lower 11.99% annualized return.
KGC
56.73%
18.77%
38.40%
118.06%
17.73%
21.12%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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Risk-Adjusted Performance
KGC vs. SPY — Risk-Adjusted Performance Rank
KGC
SPY
KGC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinross Gold Corporation (KGC) 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
KGC vs. SPY - Dividend Comparison
KGC's dividend yield for the trailing twelve months is around 0.83%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KGC Kinross Gold Corporation | 0.83% | 1.29% | 1.98% | 2.93% | 2.07% | 0.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
KGC vs. SPY - Drawdown Comparison
The maximum KGC drawdown since its inception was -96.04%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for KGC and SPY. For additional features, visit the drawdowns tool.
Volatility
KGC vs. SPY - Volatility Comparison
Kinross Gold Corporation (KGC) and SPDR S&P 500 ETF (SPY) have volatilities of 14.61% and 15.12%, 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.